GWLIF (Great-West Lifeco) Cyclically Adjusted Book per Share: $19.75 (As of Jun. 2026)

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GWLIF Great-West Lifeco Inc GWLIF
55 GF Score
Price $66.59
GF Value $38.79
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Great-West Lifeco Cyclically Adjusted Book per Share?

Great-West Lifeco GWLIF +0.38% 55 Cyclically Adjusted Book per Share is $19.75 as of Jun. 2026. GuruFocus rates GWLIF with a GF Score™ of 55/100 and a GF Value™ of $38.79 (Significantly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Great-West Lifeco's adjusted book value per share for the three months ended in Jun. 2026 was $22.372. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $19.75 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Great-West Lifeco's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Great-West Lifeco was 10.10% per year. The lowest was 5.00% per year. And the median was 5.90% per year.

As of today (2026-08-03), Great-West Lifeco's current stock price is $66.59. Great-West Lifeco's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $19.75. Great-West Lifeco's Cyclically Adjusted PB Ratio of today is 3.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Great-West Lifeco was 3.32. The lowest was 1.09. And the median was 1.83.


Great-West Lifeco  (OTCPK:GWLIF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Great-West Lifeco's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=66.59/19.75
=3.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Great-West Lifeco was 3.32. The lowest was 1.09. And the median was 1.83.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Great-West Lifeco Cyclically Adjusted Book per Share Related Terms


Great-West Lifeco Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Great-West Lifeco's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Great-West Lifeco Cyclically Adjusted Book per Share Chart

Great-West Lifeco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.54 17.20 18.73 18.06 19.73

Great-West Lifeco Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.57 19.22 19.73 19.77 19.75

GWLIF vs AFL, MET, PRU: Cyclically Adjusted Book per Share Comparison

For the Insurance - Life subindustry, Great-West Lifeco's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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.


Great-West Lifeco Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Great-West Lifeco's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Great-West Lifeco's Cyclically Adjusted PB Ratio falls into.


GWLIF
55GF Score
Great-West Lifeco Inc GWLIF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great-West Lifeco Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Great-West Lifeco's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=22.372/133.5265*133.5265
=22.372

Current CPI (Jun. 2026) = 133.5265.

Great-West Lifeco Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.636 101.765 19.204
201612 14.811 101.449 19.494
201703 14.929 102.634 19.423
201706 15.006 103.029 19.448
201709 16.225 103.345 20.964
201712 15.752 103.345 20.352
201803 16.247 105.004 20.660
201806 16.176 105.557 20.462
201809 16.304 105.636 20.609
201812 16.433 105.399 20.818
201903 16.505 106.979 20.601
201906 15.684 107.690 19.447
201909 15.876 107.611 19.699
201912 16.348 107.769 20.255
202003 16.006 107.927 19.802
202006 16.221 108.401 19.981
202009 17.063 108.164 21.064
202012 17.934 108.559 22.059
202103 18.588 110.298 22.503
202106 19.393 111.720 23.178
202109 20.528 112.905 24.277
202112 17.832 113.774 20.928
202203 20.682 117.646 23.474
202206 20.780 120.806 22.968
202209 20.410 120.648 22.589
202212 18.318 120.964 20.220
202303 18.315 122.702 19.931
202306 18.692 124.203 20.095
202309 18.940 125.230 20.195
202312 19.278 125.072 20.581
202403 19.464 126.258 20.585
202406 19.676 127.522 20.603
202409 20.218 127.285 21.209
202412 20.197 127.364 21.174
202503 20.354 129.181 21.039
202506 21.222 129.892 21.816
202509 21.316 130.287 21.846
202512 21.545 130.366 22.067
202603 21.926 132.262 22.136
202606 22.372 133.527 22.372

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $19.75 mean?
Great-West Lifeco (GWLIF) has a Cyclically Adjusted Book per Share of $19.75 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Great-West Lifeco and its competitors.
Is Great-West Lifeco's Cyclically Adjusted Book per Share too high?
Great-West Lifeco's current Cyclically Adjusted Book per Share is $19.75. Overall, Great-West Lifeco has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Great-West Lifeco's Cyclically Adjusted Book per Share compare to AFL and MET?
Great-West Lifeco's Cyclically Adjusted Book per Share of $19.75 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Great-West Lifeco and its competitors. Great-West Lifeco's current Cyclically Adjusted Book per Share is $19.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great-West Lifeco stock overvalued right now?
Based on GuruFocus' analysis, Great-West Lifeco (GWLIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $38.79, compared to a current price of $66.59 — trading 71.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is $19.75. Great-West Lifeco's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Great-West Lifeco (GWLIF), the current Cyclically Adjusted Book per Share is $19.75 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 Great-West Lifeco (GWLIF) Overvalued in 2026?

Based on GuruFocus' analysis, Great-West Lifeco stock appears to be overvalued. The current stock price of $66.59 is trading 71.7% above its estimated GF Value™ of $38.79. GuruFocus considers Great-West Lifeco to be Significantly Overvalued.

Key valuation signals for GWLIF:

  • Cyclically Adjusted Book per Share: $19.75
  • GF Value™: $38.79 vs. price of $66.59 (71.7% above fair value)
  • GF Score™: 55/100 with 7 warning signs

No single metric tells the full story. See the GWLIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great-West Lifeco Business Description

Address 100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco is one of the Big Three Canadian life insurers. The firm's Canadian business contributed around 31% of its 2025 adjusted earnings. The firm generates a further 29% of adjusted earnings from the United States, attributable to its recordkeeping business, Empower, and its US life insurance business. Great-West Lifeco also offers various products across European markets with a strong presence in the UK and Ireland, which collectively accounted for 20% of adjusted earnings, while the firm's reinsurance business accounts for the remainder. Great-West Lifeco had around CAD 3.5 trillion of assets under administration across its business segments at the end of December 2025.
55GF Score

Get the complete analysis for GWLIF

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$66.59
Price
$38.79
GF Value