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Globe Life PS Ratio

: 2.01 (As of Today)
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The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Globe Life's share price is $103.75. Globe Life's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2022 was $51.49. Hence, Globe Life's PS Ratio for today is 2.01.

The historical rank and industry rank for Globe Life's PS Ratio or its related term are showing as below:

GL' s PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.03   Max: 2.73
Current: 2.01

During the past 13 years, Globe Life's highest PS Ratio was 2.73. The lowest was 1.16. And the median was 2.03.

GL's PS Ratio is ranked worse than
70.54% of 577 companies
in the Insurance industry
Industry Median: 1.08 vs GL: 2.01

Globe Life's Revenue per Sharefor the three months ended in Jun. 2022 was $13.06. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2022 was $51.49.

Good Sign:

Globe Life Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Globe Life was 10.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 8.60% per year.

During the past 13 years, Globe Life's highest 3-Year average Revenue per Share Growth Rate was 122.80% per year. The lowest was -52.60% per year. And the median was 9.00% per year.

Back to Basics: PS Ratio


Globe Life PS Ratio Historical Data

The historical data trend for Globe Life's PS 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.

Globe Life Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.60 1.99 2.59 2.15 1.89

Globe Life Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
PS 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 2.04 1.84 1.89 1.99 1.89

Competitive Comparison

For the Insurance - Life subindustry, Globe Life's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio Distribution

For the Insurance industry and Financial Services sector, Globe Life's PS Ratio distribution charts can be found below:

* The bar in red indicates where Globe Life's PS Ratio falls into.



Globe Life PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Globe Life's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=103.75/51.492
=2.01

Globe Life's Share Price of today is $103.75.
Globe Life's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $51.49.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Globe Life  (NYSE:GL) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Globe Life PS Ratio Related Terms

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


Globe Life Business Description

Globe Life logo
Traded in Other Exchanges
Address
3700 South Stonebridge Drive, McKinney, TX, USA, 75070
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 four reportable segments: life insurance, supplemental health insurance, annuities, 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.
Executives
Tyler Christopher Kyle officer: EVP & Chief Info. Officer 3700 S. STONEBRIDGE DRIVE MCKINNEY TX 75070
Kalmbach Thomas Peter officer: EVP & Chief Actuary 3700 S. STONEBRIDGE DRIVE MCKINNEY TX 75070
Hensley Robert Edward officer: EVP & Chief Investment Officer 3700 S. STONEBRIDGE DRIVE MCKINNEY TX 75070
Zorn Rebecca E officer: EVP & Chief Talent Officer 3700 S. STONEBRIDGE DRIVE MCKINNEY TX 75070
Moore Christopher Todd officer: Corp.SVP, Assoc.Counsel & Sec 3700 SOUTH STONEBRIDGE DRIVE MCKINNEY TX 75070
Rogers John Henry Jr other: Officer of Principal Sub 1433 ROLLING HILLS CELINA TX 75009
Mcpartland James Eric officer: EVP &Chief Information Officer 2345 TIMBERLAKE CIRCLE ALLEN TX 75013
Matson Kenneth J other: Officer of Principal Sub. FAMILY HERITAGE LIFE POST OFFICE BOX 470608 CLEVELAND OH 44147-0608
Carlson David Kendall other: Officer of Principal Sub. UNITED AMERICAN INSURANCE COMPANY 3700 SOUTH STONEBRIDGE DRIVE MCKINNEY TX 75070
Henrie Michael Shane officer: SVP & Chief Accounting Officer UNITED AMERICAN INSURANCE COMPANY 3700 SOUTH STONEBRIDGE DRIVE MCKINNEY TX 75070
Majors Michael Clay officer: EVP - Investor Rel. & Admin. UNITED AMERICAN INSURANCE COMPANY 3700 SOUTH STONEBRIDGE DRIVE MCKINNEY TX 75070
Svoboda Frank M officer: EVP & CFO 3340 PECAN HOLLOW CT GRAPEVINE TX 76051
Hutchison Larry M director, officer: Co-Chaiman & CEO P O BOX 8080 MCKINNEY TX 75010
Addison Linda director 3700 S. STONEBRIDGE DRIVE MCKINNEY TX 75070
Alexander Marilyn A director 565 DUNNEGAN DRIVE LAGUNA BEACH CA 92651

Globe Life Headlines

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