AflacAFL +1.06%74 Forward PE Ratio is 16.72 as of Jul. 01, 2026. GuruFocus rates AFL with a GF Score™ of 74/100 and a GF Value™ of $109.41 (Fairly Valued). The stock has 4 warning signs investors should review. Among 275 Insurance companies, Aflac ranks worse than 77.09% on this metric.
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Aflac Forward PE Ratio Related Terms
Aflac Forward PE Ratio Historical Data
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The historical data trend for Aflac's Forward PE Ratio 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.
Aflac Forward PE Ratio Chart
Aflac Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
9.46
10.79
12.84
10.71
11.90
9.49
11.19
13.14
12.90
14.70
14.89
Aflac Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
9.46
9.34
10.49
10.08
10.79
11.31
12.20
12.32
12.84
11.99
10.92
11.34
10.71
11.82
12.76
11.64
11.90
8.01
8.01
7.97
9.49
10.52
11.12
10.10
11.19
12.47
10.73
10.21
13.14
11.52
12.38
12.58
12.90
13.32
13.70
15.60
14.70
16.19
15.64
15.23
14.89
14.46
AFL vs MET, PRU, UNM: Forward PE Ratio Comparison
For the Insurance - Life subindustry, Aflac's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
Aflac Forward PE Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Aflac's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Aflac's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Aflac (AFL) has a Forward PE Ratio of 16.72 as of Jul. 01, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Aflac and its competitors. According to the industry distribution chart, Aflac ranks #212 out of 275 companies in the Insurance industry, placing it in the top 77.1%.
Is Aflac's Forward PE Ratio too high?
Aflac's current Forward PE Ratio is 16.72. The Insurance industry median Forward PE Ratio is 11.62. Aflac's value of 16.72 is 43.9% above this industry median. Based on the distribution chart, Aflac ranks #212 out of 275 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Aflac has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aflac's Forward PE Ratio compare to MET and PRU?
According to the Insurance industry distribution chart, Aflac ranks #212 out of 275 companies for Forward PE Ratio. This places Aflac in the lower half of its industry. The industry median Forward PE Ratio is 11.62. Aflac's value of 16.72 is 43.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Insurance company?
The median Forward PE Ratio among Insurance companies is 11.62, based on 275 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aflac's current Forward PE Ratio of 16.72 is 43.9% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Aflac and its competitors. For the Insurance industry, the median Forward PE Ratio is 11.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aflac's current Forward PE Ratio is 16.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aflac stock overvalued right now?
Based on GuruFocus' analysis, Aflac (AFL) is currently considered Fairly Valued. The stock's GF Value™ is $109.41, compared to a current price of $118.49 — trading 8.3% above its estimated fair value. The current Forward PE Ratio is 16.72 and 43.9% above the Insurance industry median of 11.62. Aflac's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Aflac (AFL), the current Forward PE Ratio is 16.72 as of Jul. 01, 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 Aflac (AFL) Overvalued in 2026?
Based on GuruFocus' analysis, Aflac stock appears to be overvalued.
The current stock price of $118.49 is trading 8.3% above its estimated GF Value™ of $109.41.
GuruFocus considers Aflac to be Fairly Valued.
Key valuation signals for AFL:
Forward PE Ratio: 16.72
GF Value™: $109.41 vs. price of $118.49 (8.3% above fair value)
Industry Position: 43.9% above the Insurance median (#212 of 275)
No single metric tells the full story. See the AFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aflac Inc offers supplemental health insurance and life insurance in the United States and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accident, dental and vision, disability, and long-term-care insurance. It markets its products through independent distributors, selling the majority of its policies directly to consumers at their places of work, and also reaches out to its customers outside of their worksite through digital mediums. The company has two reportable business segments: Aflac Japan, which generates the maximum revenue, and Aflac U.S.
74GF Score
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