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Brighthouse Financial (NAS:BHF) Forward PE Ratio Explanation
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 .
Brighthouse Financial Forward PE Ratio Related Terms
Brighthouse Financial Forward PE Ratio Historical Data
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The historical data trend for Brighthouse Financial'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.
Brighthouse Financial Forward PE Ratio Chart
Brighthouse Financial Annual Data
Trend
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
6.66
3.41
4.15
3.36
3.73
3.42
3.15
2.41
3.07
Brighthouse Financial Quarterly Data
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
6.99
6.66
5.54
4.48
4.73
3.41
4.16
4.13
3.98
4.15
2.65
3.05
2.27
3.36
3.76
3.75
3.21
3.73
3.71
2.99
2.93
3.42
2.87
3.17
2.99
3.15
3.04
2.65
2.27
2.41
2.85
2.88
2.60
3.07
2.90
BHF vs GNW, FG, CNO: Forward PE Ratio Comparison
For the Insurance - Life subindustry, Brighthouse Financial'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.
Brighthouse Financial Forward PE Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Brighthouse Financial's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Brighthouse Financial's Forward PE Ratio falls into.
Brighthouse Financial Forward PE Ratio Calculation
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.
Brighthouse Financial (BHF) has a Forward PE Ratio of 3.29 as of Jul. 21, 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 Brighthouse Financial and its competitors. According to the industry distribution chart, Brighthouse Financial ranks #6 out of 275 companies in the Insurance industry, placing it in the top 2.2%.
Is Brighthouse Financial's Forward PE Ratio too high?
Brighthouse Financial's current Forward PE Ratio is 3.29. The Insurance industry median Forward PE Ratio is 11.82. Brighthouse Financial's value of 3.29 is 72.2% below this industry median. Based on the distribution chart, Brighthouse Financial ranks #6 out of 275 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Brighthouse Financial has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brighthouse Financial's Forward PE Ratio compare to GNW and FG?
According to the Insurance industry distribution chart, Brighthouse Financial ranks #6 out of 275 companies for Forward PE Ratio. This places Brighthouse Financial in the top 2% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 11.82. Brighthouse Financial's value of 3.29 is 72.2% 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. Brighthouse Financial's current Forward PE Ratio of 3.29 is 72.2% 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 Brighthouse Financial 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. Brighthouse Financial's current Forward PE Ratio is 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brighthouse Financial stock overvalued right now?
Based on GuruFocus' analysis, Brighthouse Financial (BHF) is currently considered Modestly Undervalued. The stock's GF Value™ is $82.49, compared to a current price of $64.89 — trading 21.3% below its estimated fair value. The current Forward PE Ratio is 3.29 and 72.2% below the Insurance industry median of 11.82. Brighthouse Financial's overall GF Score™ is 75/100 with 5 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 Brighthouse Financial (BHF), the current Forward PE Ratio is 3.29 as of Jul. 21, 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 Brighthouse Financial (BHF) Overvalued in 2026?
Based on GuruFocus' analysis, Brighthouse Financial stock appears to be undervalued.
The current stock price of $64.89 is trading 21.3% below its estimated GF Value™ of $82.49.
GuruFocus considers Brighthouse Financial to be Modestly Undervalued.
Key valuation signals for BHF:
Forward PE Ratio: 3.29
GF Value™: $82.49 vs. price of $64.89 (21.3% below fair value)
Industry Position: 72.2% below the Insurance median (#6 of 275)
No single metric tells the full story. See the BHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brighthouse Financial Inc is a United States-based provider of annuity products and life insurance through independent distribution channels and marketing arrangements with distribution partners. Its segments are: Annuities, that derives majority of the revenue, includes variable, fixed, index-linked, and income annuities; The life segment includes variable, term, universal, and whole life policies; The Run-off segment consists of products that are no longer actively sold and are separately managed, including ULSG, structured settlements, pension risk transfer contracts, certain company-owned life insurance policies and certain funding agreements; and The Corporate & Other segment consists of activities related to funding agreements associated with the company.
75GF Score
Get the complete analysis for BHF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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