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Aflac (NYSE:AFL) PB Ratio

: 1.78 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2023-02-02), Aflac's share price is $68.98. Aflac's Book Value per Share for the quarter that ended in Sep. 2022 was $38.71. Hence, Aflac's PB Ratio of today is 1.78.

The historical rank and industry rank for Aflac's PB Ratio or its related term are showing as below:

AFL' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.43   Max: 2.14
Current: 1.78

During the past 13 years, Aflac's highest PB Ratio was 2.14. The lowest was 0.73. And the median was 1.43.

AFL's PB Ratio is ranked worse than
70.26% of 491 companies
in the Insurance industry
Industry Median: 1.25 vs AFL: 1.78

During the past 12 months, Aflac's average Book Value Per Share Growth Rate was -23.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aflac was 30.00% per year. The lowest was -3.70% per year. And the median was 15.40% per year.

Back to Basics: PB Ratio


Aflac PB Ratio Historical Data

The historical data trend for Aflac's PB 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.

* Premium members only.

Aflac Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.39 1.47 1.33 0.92 1.15

Aflac Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.03 1.15 1.41 1.33 1.45

Competitive Comparison

For the Insurance - Life subindustry, Aflac's PB Ratio, along with its competitors' market caps and 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.

   

Aflac PB Ratio Distribution

For the Insurance industry and Financial Services sector, Aflac's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aflac's PB Ratio falls in comparison to its industry or sector. The grey bar indicates the PB Ratio's extreme value range as defined by GuruFocus.



Aflac PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Aflac's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2022)
=68.98/38.713
=1.78

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Aflac  (NYSE:AFL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Aflac PB Ratio Related Terms

Thank you for viewing the detailed overview of Aflac's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Aflac (NYSE:AFL) Business Description

Aflac logo
Traded in Other Exchanges
Address
1932 Wynnton Road, Columbus, GA, USA, 31999
Aflac Inc offers supplemental health insurance and life insurance in the two largest insurance markets in the world, the U.S. and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accidents, disability, and long-term-care insurance. It markets its products through independent distributors, selling most of its policies directly to consumers at their places of work.
Executives
Virgil Raynard Miller officer: President, Aflac U.S. 1932 WYNNTON ROAD, COLUMBUS GA 31999
Bradley Eugene Dyslin officer: Executive Vice President 1932 WYNNTON ROAD, COLUMBUS GA 31999
Arthur Reginald Collins director 3911 LORCOM LANE, ARLINGTON VA 22207
Nobuchika Mori director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Georgette D. Kiser director 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Steven Kent Beaver officer: SVP, CFO, Aflac US 1932 WYNNTON ROAD, COLUMBUS GA 31999
Richard Jr Williams officer: Executive V.P. 1932 WYNNTON RD, COLUMBUS GA 31999
Albert Riggieri officer: SVP, Corporate Actuary 1932 WYNNTON RD, COLUMBUS GA 31999
Katherine Rohrer director 1932 WYNNTON RD, COLUMBUS GA 31999
Masatoshi Koide officer: Deputy President, Aflac Japan 1932 WYNNTON RD, COLUMBUS GA 31999
Max Broden officer: Senior Vice President 1932 WYNNTON RD, COLUMBUS GA 31999
Karole Lloyd director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Toshihiko Fukuzawa director 1932 WYNNTON RD, COLUMBUS GA 31999
James Todd Daniels officer: Sr. Vice President 1932 WYNNTON ROAD, COLUMBUS GA 31999
Frederick John Crawford officer: EVP, Chief Financial Officer AFLAC INCORPORATED, COLUMBUS GA 31999

Aflac (NYSE:AFL) Headlines

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