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Globe LifeGL +0.35%86 3-Year Book Growth Rate is 22.80% as of Jun. 2026, which is 90% above its 10-year median of 12.00. GuruFocus rates GL with a GF Score™ of 86/100 and a GF Value™ of $152.00 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 480 Insurance companies, Globe Life ranks better than 87.5% on this metric.
During the past 12 months, Globe Life's average Book Value per Share Growth Rate was 19.40% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 22.80% per year.
During the past 5 years, the average Book Value per Share Growth Rate was -3.80% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 5.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Globe Life was 37.30% per year. The lowest was -17.30% per year. And the median was 12.00% per year.
Globe Life (NYSE:GL) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Globe Life 3-Year Book Growth Rate Related Terms
GL vs UNM, PRI, JXN: 3-Year Book Growth Rate Comparison
For the Insurance - Life subindustry, Globe Life's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Globe Life 3-Year Book Growth Rate vs Insurance Industry
For the Insurance industry and Financial Services sector, Globe Life's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Globe Life's 3-Year Book Growth Rate falls into.
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 22.80% mean?
Globe Life (GL) has a 3-Year Book Growth Rate of 22.80% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Globe Life and its competitors. This is 90% above median its historical median of 12.00. According to the industry distribution chart, Globe Life ranks #60 out of 480 companies in the Insurance industry, placing it in the top 12.5%.
Is Globe Life's 3-Year Book Growth Rate too high?
Globe Life's current 3-Year Book Growth Rate of 22.80% is 90% above median its 10-year median of 12.00. The Insurance industry median 3-Year Book Growth Rate is 8.40. Globe Life's value of 22.80% is 171.4% above this industry median. Based on the distribution chart, Globe Life ranks #60 out of 480 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Globe Life has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globe Life's 3-Year Book Growth Rate compare to UNM and PRI?
According to the Insurance industry distribution chart, Globe Life ranks #60 out of 480 companies for 3-Year Book Growth Rate. This places Globe Life in the top 13% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 8.40. Globe Life's value of 22.80% is 171.4% above this benchmark. While the company's 10-year median is 12.00 vs. the industry median of 8.40, Globe Life has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Insurance company?
The median 3-Year Book Growth Rate among Insurance companies is 8.40, based on 480 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globe Life's current 3-Year Book Growth Rate of 22.80% is 171.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Globe Life and its competitors. For the Insurance industry, the median 3-Year Book Growth Rate is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Life's current 3-Year Book Growth Rate is 22.80%, which is 90% above median its own 10-year median of 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Life stock overvalued right now?
Based on GuruFocus' analysis, Globe Life (GL) is currently considered Modestly Overvalued. The stock's GF Value™ is $152.00, compared to a current price of $171.08 — trading 12.6% above its estimated fair value. The current 3-Year Book Growth Rate is 22.80%, which is 90% above median its 10-year median of 12.00 and 171.4% above the Insurance industry median of 8.40. Globe Life's overall GF Score™ is 86/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Globe Life (GL), the current 3-Year Book Growth Rate is 22.80% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Globe Life (GL) Overvalued in 2026?
Based on GuruFocus' analysis, Globe Life stock appears to be overvalued.
The current stock price of $171.08 is trading 12.6% above its estimated GF Value™ of $152.00.
GuruFocus considers Globe Life to be Modestly Overvalued.
Key valuation signals for GL:
3-Year Book Growth Rate: 22.80% (90% above median its 10-year median of 12.00)
GF Value™: $152.00 vs. price of $171.08 (12.6% above fair value)
Industry Position: 171.4% above the Insurance median (#60 of 480)
No single metric tells the full story. See the GL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into three reportable segments: life insurance, supplemental health insurance and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
86GF Score
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