VOYA
Voya Financial
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NYSE: VOYA
- PE Ratio
As at Jul 13, 2026, the VOYA stock has a PE ratio of 14.7. This is based on the current EPS of $6.73 and the stock price of $98.96 per share. An increase of 22% has been seen in the P/E ratio compared to the average of 12.1 of the last 4 quarters.
VOYA PE ratio history
The mean historical PE ratio of Voya Financial over the last ten years is 32.66. The current 14.7 PE ratio is 55% below the historical average. Over the past ten years, VOYA's PE ratio was at its highest in the Sep 2016 quarter at 576.4, with a price of $28.82 and an EPS of $0.05. The Dec 2021 quarter recorded the bottom point at 3.31, with a price of $66.31 and an EPS of $20.02.
Voya Financial PE ratio by year
Maximum annual increase: 336.62% in 2015
Maximum annual decrease: -68.25% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 11.64 | 6.69% | $74.49 | $6.4 |
| 2024 | 10.91 | -14.16% | $68.83 | $6.31 |
| 2023 | 12.71 | -2.83% | $72.96 | $5.74 |
| 2022 | 13.08 | 295.17% | $61.49 | $4.7 |
| 2021 | 3.31 | N/A | $66.31 | $20.02 |
| 2020 | N/A | N/A | $58.81 | -$1.9 |
| 2019 | N/A | N/A | $60.98 | -$2.75 |
| 2018 | 8.6 | N/A | $40.14 | $4.67 |
| 2017 | N/A | N/A | $49.47 | -$16.25 |
| 2016 | N/A | N/A | $39.22 | -$1.63 |
| 2015 | 20.39 | 336.62% | $36.91 | $1.81 |
| 2014 | 4.67 | -68.25% | $42.38 | $9.07 |
| 2013 | 14.71 | N/A | $35.15 | $2.39 |
| 2012 | N/A | N/A | N/A | $2.06 |
| 2011 | N/A | N/A | N/A | -$0.38 |
Voya Financial PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 10.15 | -12.8% | $68.32 | $6.73 |
| Dec 2025 | 11.64 | -7.4% | $74.49 | $6.4 |
| Sep 2025 | 12.57 | -9.18% | $74.8 | $5.95 |
| Jun 2025 | 13.84 | 11.08% | $71 | $5.13 |
| Mar 2025 | 12.46 | 14.21% | $67.76 | $5.44 |
| Dec 2024 | 10.91 | -11.73% | $68.83 | $6.31 |
| Sep 2024 | 12.36 | 34.79% | $79.22 | $6.41 |
| Jun 2024 | 9.17 | -9.92% | $71.15 | $7.76 |
| Mar 2024 | 10.18 | -19.91% | $73.92 | $7.26 |
| Dec 2023 | 12.71 | 23.52% | $72.96 | $5.74 |
| Sep 2023 | 10.29 | -16.61% | $66.45 | $6.46 |
| Jun 2023 | 12.34 | -14.84% | $71.71 | $5.81 |
| Mar 2023 | 14.49 | 10.78% | $71.46 | $4.93 |
| Dec 2022 | 13.08 | 87.12% | $61.49 | $4.7 |
| Sep 2022 | 6.99 | -3.72% | $60.5 | $8.66 |
VOYA Price vs fair value
VOYA average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of VOYA is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
PE comparison
Voya Financial's P/E of 14.7 is above the Financial Services sector average. Compared to its Financial Services sector average of 13.38, Voya Financial's P/E is 10% higher.
VOYA PE vs peers
Compared to its peer CNO, VOYA's PE ratio stands lower, however it is higher than AFL's and RGA's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RGA Reinsurance Group Of America Inc | 12.78 | $15.62B |
| AFL Aflac Inc | 13.97 | $62.7B |
| VOYA Voya Financial Inc | 14.86 | $9.07B |
| CNO CNO Financial Group Inc | 20.55 | $4.87B |
Frequently asked questions
What is Voya Financial's PE ratio?
The price to earnings ratio for VOYA stock as of Jul 13, 2026, stands at 14.7.
What is the 3-year average PE ratio for Voya Financial (VOYA)?
Over the last 3 years, the average price to earnings ratio for VOYA stock is 11.48.
What is the 5-year average PE ratio for Voya Financial (VOYA)?
Over the last 5 years, the average price to earnings ratio for VOYA stock is 10.18.
What is the highest PE ratio for VOYA?
In the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 576.4.
How does the current PE ratio for VOYA compare to its historical average?
VOYA's current price to earnings ratio is 55% below its 10-year historical average.
How is VOYA's PE ratio calculated (Voya Financial PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 13, 2026), Voya Financial's stock price is $98.96. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $6.73. Therefore, Voya Financial's P/E ratio for today is 14.7. PE RATIO(14.7) = STOCK PRICE($98.96) / TTM EPS($6.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.