Voya Financial is trading with a PEG ratio of 0.93, based on Aug 21, 2026 data. Dividing the 16.21 PE ratio by the 17.5% earnings growth rate yields this valuation metric.
Historically, Voya Financial shows a PEG ratio averaging 0.78 across the past eight years. At 0.93, today's PEG ratio sits 19% above 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 |
|---|---|---|---|
| Jun 2026 | 0.86 | 15.01 | 17.5% |
| 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% |
VOYA's PEG ratio today is higher than its 10-year average, yet it is below the 3 and 5-year averages.
Voya Financial's PEG of 0.93 is above the Financial Services sector average. Compared to its Financial Services sector average of 0.44, Voya Financial's PEG is 111% higher.
Compared to its peer stocks AFL and RGA, VOYA's PEG ratio comes in higher.
According to Aug 21, 2026 data, VOYA's PEG ratio sits at 0.93.
VOYA has a 3-year average PEG ratio of 1.68.
VOYA has a 5-year average PEG ratio of 1.19.
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 19% higher.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Aug 21, 2026, Voya Financial has a P/E ratio of 16.21. Earnings grew at 17.5% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 0.93. PEG RATIO(0.93) = PE RATIO(16.21) / EPS GROWTH(17.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.