Globe LifeFRA:TMJ +1.08%85 PB Ratio is 2.22 as of Jun. 24, 2026, which is 29% above its 10-year median of 1.72. GuruFocus rates FRA:TMJ with a GF Score™ of 85/100 and a GF Value™ of €127.64 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 499 Insurance companies, Globe Life ranks worse than 75.55% on this metric.
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 (2026-06-24), Globe Life's share price is €149.80. Globe Life's Book Value per Share for the quarter that ended in Mar. 2026 was €67.58. Hence, Globe Life's PB Ratio of today is 2.22.
Warning Sign:
Globe Life Inc stock PB Ratio (=2.25) is close to 2-year high of 2.25.
The historical rank and industry rank for Globe Life's PB Ratio or its related term are showing as below:
FRA:TMJ'
s PB Ratio Range Over the Past 10 Years
Min: 0.91 Med: 1.72 Max: 3.02
Current: 2.25
During the past 13 years, Globe Life's highest PB Ratio was 3.02. The lowest was 0.91. And the median was 1.72.
FRA:TMJ's PB Ratio is ranked worse than 75.55% of 499
companies
in the Insurance industry
Industry Median: 1.39
vs FRA:TMJ: 2.25
During the past 12 months, Globe Life's average Book Value Per Share Growth Rate was 19.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 22.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Globe Life was 37.30% per year. The lowest was -17.30% per year. And the median was 12.00% per year.
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.
Globe Life PB Ratio Related Terms
Globe Life PB Ratio Historical Data
* Premium members only.
The historical data trend for Globe Life'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.
For the Insurance - Life subindustry, Globe Life'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.
Globe Life PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Globe Life's PB Ratio distribution charts can be found below:
* The bar in red indicates where Globe Life's PB Ratio falls into.
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.
Globe Life's PB Ratio for today is calculated as follows:
* 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.
Globe Life (FRA:TMJ) has a PB Ratio of 2.22 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Globe Life and its competitors. This is 29% above median its historical median of 1.72. Over the past decade, Globe Life's PB Ratio has ranged from 0.91 to 3.02. According to the industry distribution chart, Globe Life ranks #377 out of 499 companies in the Insurance industry, placing it in the top 75.6%.
Is Globe Life's PB Ratio too high?
Globe Life's current PB Ratio of 2.22 is 29% above median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 3.02. The Insurance industry median PB Ratio is 1.39. Globe Life's value of 2.22 is 59.7% above this industry median. Based on the distribution chart, Globe Life ranks #377 out of 499 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Globe Life has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globe Life's PB Ratio compare to UNM and PRI?
According to the Insurance industry distribution chart, Globe Life ranks #377 out of 499 companies for PB Ratio. This places Globe Life in the lower half of its industry. The industry median PB Ratio is 1.39. Globe Life's value of 2.22 is 59.7% above this benchmark. Historically, Globe Life's own PB Ratio has ranged from 0.91 to 3.02 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.39, Globe Life has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Insurance company?
The median PB Ratio among Insurance companies is 1.39, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globe Life's current PB Ratio of 2.22 is 59.7% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Globe Life and its competitors. For the Insurance industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Life's current PB Ratio is 2.22, which is 29% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Life stock overvalued right now?
Based on GuruFocus' analysis, Globe Life (FRA:TMJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €127.64, compared to a current price of €149.80 — trading 17.4% above its estimated fair value. The current PB Ratio is 2.22, which is 29% above median its 10-year median of 1.72 and 59.7% above the Insurance industry median of 1.39. Globe Life's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Globe Life (FRA:TMJ), the current PB Ratio is 2.22 as of Jun. 24, 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 Globe Life (FRA:TMJ) Overvalued in 2026?
Based on GuruFocus' analysis, Globe Life stock appears to be overvalued.
The current stock price of €149.80 is trading 17.4% above its estimated GF Value™ of €127.64.
GuruFocus considers Globe Life to be Modestly Overvalued.
Key valuation signals for FRA:TMJ:
PB Ratio: 2.22 (29% above median its 10-year median of 1.72)
GF Value™: €127.64 vs. price of €149.80 (17.4% above fair value)
Industry Position: 59.7% above the Insurance median (#377 of 499)
No single metric tells the full story. See the FRA:TMJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into three reportable segments: life insurance, supplemental health insurance and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
85GF Score
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