Globe Life Inc.

Globe Life Inc.verified

GL

Price:

$103.65

Market Cap:

$8.70B

Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is head...[Read more]

Industry

Insurance - Life

IPO Date

1980-10-01

Stock Exchange

NYSE

Ticker

GL

The PE Ratio as of December 2024 (TTM) for Globe Life Inc. (GL) is 8.78

According to Globe Life Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 8.78. This represents a change of -2.87% compared to the average of 9.04 of the last 4 quarters.

Globe Life Inc. (GL) Historical PE Ratio (quarterly & annually)

How has GL PE Ratio performed in the past?

The mean historical PE Ratio of Globe Life Inc. over the last ten years is 12.88. The current 8.78 PE Ratio has changed 6.72% with respect to the historical average. Over the past ten years (40 quarters), GL's PE Ratio was at its highest in in the March 2017 quarter at 17.10. The PE Ratio was at its lowest in in the December 2017 quarter at 2.54.

Quarterly (TTM)
Annual

Average

12.88

Median

13.12

Minimum

7.26

Maximum

16.10

Globe Life Inc. (GL) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Globe Life Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 65.12%

Maximum Annual PE Ratio = 16.10

Minimum Annual Increase = -54.94%

Minimum Annual PE Ratio = 7.26

Quarterly (TTM)
Annual
YearPE RatioChange
202311.92-9.66%
202213.202.79%
202112.84-6.71%
202013.77-8.84%
201915.1026.02%
201811.9865.12%
20177.26-54.94%
201616.1018.72%
201513.574.01%
201413.04-3.89%

Globe Life Inc. (GL) Average PE Ratio

How has GL PE Ratio performed in the past?

The current PE Ratio of Globe Life Inc. (GL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

12.65

5-year avg

13.37

10-year avg

12.88

Globe Life Inc. (GL) PE Ratio vs. Peers

How is GL’s PE Ratio compared to its peers?

Globe Life Inc.’s PE Ratio is less than Prudential plc (34.11), less than CNO Financial Group, Inc. (14.49), less than MetLife, Inc. (15.19), greater than American Equity Investment Life Holding Company (6.29), less than National Western Life Group, Inc. (16.93), less than Midwest Holding Inc. (12.35), less than MetLife, Inc. (15.19), less than Prudential Financial, Inc. (10.55), greater than Unum Group (7.71), less than Lincoln National Corporation (15.84), less than F&G Annuities & Life, Inc. (424.18), greater than Brighthouse Financial, Inc. (-2.45), less than MetLife, Inc. (15.19), greater than Jackson Financial Inc. (-7.11),

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