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AvivaAIVAF +3.67%57 Forward PE Ratio is 11.79 as of Jul. 19, 2026. GuruFocus rates AIVAF with a GF Score™ of 57/100 and a GF Value™ of $10.47 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 275 Insurance companies, Aviva ranks better than 52.36% 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 .
Aviva Forward PE Ratio Related Terms
Aviva Forward PE Ratio Historical Data
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The historical data trend for Aviva'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.
Aviva Forward PE Ratio Chart
Aviva 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
10.04
10.71
11.15
6.09
6.69
5.98
8.67
8.52
10.49
9.07
12.28
Aviva Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
10.04
7.56
10.71
13.11
11.15
9.85
6.09
9.89
6.69
4.66
5.98
7.05
8.67
9.30
8.52
11.63
10.49
11.74
9.07
11.95
12.28
AIVAF vs BRK.A, AIG, HIG: Forward PE Ratio Comparison
For the Insurance - Diversified subindustry, Aviva'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.
Aviva Forward PE Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Aviva's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Aviva'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.
Aviva (AIVAF) has a Forward PE Ratio of 11.79 as of Jul. 19, 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 Aviva and its competitors. According to the industry distribution chart, Aviva ranks #131 out of 275 companies in the Insurance industry, placing it in the top 47.6%.
Is Aviva's Forward PE Ratio too high?
Aviva's current Forward PE Ratio is 11.79. The Insurance industry median Forward PE Ratio is 11.82. Aviva's value of 11.79 is 0.3% below this industry median. Based on the distribution chart, Aviva ranks #131 out of 275 companies in the Insurance industry, which is above the industry midpoint. Overall, Aviva has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aviva's Forward PE Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Aviva ranks #131 out of 275 companies for Forward PE Ratio. This puts Aviva in the upper half of its industry. The industry median Forward PE Ratio is 11.82. Aviva's value of 11.79 is 0.3% below 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 11.82, 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. Aviva's current Forward PE Ratio of 11.79 is 0.3% below 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 Aviva and its competitors. For the Insurance industry, the median Forward PE Ratio is 11.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aviva's current Forward PE Ratio is 11.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aviva stock overvalued right now?
Based on GuruFocus' analysis, Aviva (AIVAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.47, compared to a current price of $8.76 — trading 16.3% below its estimated fair value. The current Forward PE Ratio is 11.79 and 0.3% below the Insurance industry median of 11.82. Aviva's overall GF Score™ is 57/100 with 2 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 Aviva (AIVAF), the current Forward PE Ratio is 11.79 as of Jul. 19, 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 Aviva (AIVAF) Overvalued in 2026?
Based on GuruFocus' analysis, Aviva stock appears to be undervalued.
The current stock price of $8.76 is trading 16.3% below its estimated GF Value™ of $10.47.
GuruFocus considers Aviva to be Modestly Undervalued.
Key valuation signals for AIVAF:
Forward PE Ratio: 11.79
GF Value™: $10.47 vs. price of $8.76 (16.3% below fair value)
Industry Position: 0.3% below the Insurance median (#131 of 275)
No single metric tells the full story. See the AIVAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aviva is a multiline insurer listed on the London Stock Exchange. The company traces its roots back to the 17th century with the establishment of Hand in Hand. After the Great Fire of London, this mutual was formed to provide protection against fires. Hand in Hand was then acquired in 1905 by Commercial Union. Over the years, Hand in Hand insured London landmarks such as London Bridge, the British Museum, and Lambeth Palace. The life insurance part of Aviva began in the early part of the 18th century with the establishment of Amicable, also a mutual, but this time to protect widows and children against loss of life and loss of income.
57GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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