As at Jul 25, 2024, the VOYA stock has a PE ratio of 9.96. This is based on the current EPS of $7.26 and the stock price of $72.31 per share. A decrease of 12% has been seen in the P/E ratio compared to the average of 11.4 of the last 4 quarters.
The mean historical PE ratio of Voya Financial over the last ten years is 32.12. The current 9.96 PE ratio is 69% 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.
Maximum annual increase: 336.62% in 2015
Maximum annual decrease: -68.25% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.71 | -2.83% |
| 2022 | 13.08 | 295.17% |
| 2021 | 3.31 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | 8.6 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | 20.39 | 336.62% |
| 2014 | 4.67 | -68.25% |
The current PE ratio of VOYA is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
Compared to its peers AFL and RGA, VOYA's PE ratio stands lower, however it is higher than CNO's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CNO CNO Financial Group Inc | 8.96 | $3.37B |
| VOYA Voya Financial Inc | 10.13 | $7.4B |
| AFL Aflac Inc | 10.37 | $53.88B |
| RGA Reinsurance Group Of America Inc | 16.99 | $14.58B |
The price to earnings ratio for VOYA stock as of Jul 25, 2024, stands at 9.96.
Over the last 3 years, the average price to earnings ratio for VOYA stock is 9.12.
Over the last 5 years, the average price to earnings ratio for VOYA stock is 9.46.
In the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 576.4.
VOYA's current price to earnings ratio is 69% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
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 25, 2024), Voya Financial's stock price is $72.31. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.26. Therefore, Voya Financial's P/E ratio for today is 9.96. PE RATIO(9.96) = STOCK PRICE($72.31) / TTM EPS($7.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.