Voya Financial is trading with a PEG ratio of 0.58, based on Jun 23, 2026 data. Dividing the 13.68 PE ratio by the 23.7% earnings growth rate yields this valuation metric.
Historically, Voya Financial shows a PEG ratio averaging 0.78 across the past eight years. At 0.58, today's PEG ratio sits 26% below its historical average. The eight years high occurred in the Dec 2025 quarter at 8.31, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2021 quarter at 0, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 8.31 | 11.64 | 1.4% |
| 2024 | 1.1 | 10.91 | 9.9% |
| 2023 | 0.58 | 12.71 | 22.1% |
| 2022 | N/A | 13.08 | -76.5% |
| 2021 | 0 | 3.31 | 1,153.7% |
| 2020 | N/A | N/A | 30.9% |
| 2019 | N/A | N/A | -158.9% |
| 2018 | 0.07 | 8.6 | 128.7% |
| 2017 | N/A | N/A | -896.9% |
| 2016 | N/A | N/A | -190.1% |
| 2015 | N/A | 20.39 | -80% |
| 2014 | 0.02 | 4.67 | 279.5% |
| 2013 | 0.92 | 14.71 | 16% |
| 2012 | N/A | N/A | 642.1% |
| 2011 | N/A | N/A | 28.3% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.43 | 10.15 | 23.7% |
| Dec 2025 | 8.31 | 11.64 | 1.4% |
| Sep 2025 | N/A | 12.57 | -7.2% |
| Jun 2025 | N/A | 13.84 | -33.9% |
| Mar 2025 | N/A | 12.46 | -25.1% |
| Dec 2024 | 1.1 | 10.91 | 9.9% |
| Sep 2024 | N/A | 12.36 | -0.8% |
| Jun 2024 | 0.27 | 9.17 | 33.6% |
| Mar 2024 | 0.22 | 10.18 | 47.3% |
| Dec 2023 | 0.58 | 12.71 | 22.1% |
| Sep 2023 | N/A | 10.29 | -25.4% |
| Jun 2023 | N/A | 12.34 | -29.1% |
| Mar 2023 | N/A | 14.49 | -56.7% |
| Dec 2022 | N/A | 13.08 | -76.5% |
| Sep 2022 | N/A | 6.99 | -45.5% |
VOYA's PEG ratio today is below the 3, 5 and 10-year averages.
Voya Financial's PEG of 0.58 is above the Financial Services sector average. Compared to its Financial Services sector average of 0.47, Voya Financial's PEG is 23% higher.
Compared to its peer stocks AFL and RGA, VOYA's PEG ratio comes in higher.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| RGA Reinsurance Group Of America Inc | 0.21 | $13.87B |
| AFL Aflac Inc | 0.36 | $60.46B |
| VOYA Voya Financial Inc | 0.58 | $8.35B |
| CNO CNO Financial Group Inc | N/A | $4.93B |
According to Jun 23, 2026 data, VOYA's PEG ratio sits at 0.58.
VOYA has a 3-year average PEG ratio of 1.82.
VOYA has a 5-year average PEG ratio of 1.11.
VOYA's PEG ratio peaked at 8.31 during the Dec 2025 quarter - the highest in eight years.
Compared to the 8-year average, VOYA's PEG ratio is 26% lower.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jun 23, 2026, Voya Financial has a P/E ratio of 13.68. Earnings grew at 23.7% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 0.58. PEG RATIO(0.58) = PE RATIO(13.68) / EPS GROWTH(23.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.