Is Globe Life Inc. (GL) Undervalued?
Based on the current stock price of $142.21 and a P/E ratio of 10.32,Globe Life Inc. has a PEG ratio of 0.58.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 0.58, GL appears to be potentially undervalued relative to its growth rate of 17.84%.
Based on a PEG ratio of 0.55 (adjusted for dividends).
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How we analyzed GL
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 10.32and dividing it by the annual growth rate of 17.84%.
PEG = 10.32 (P/E) ÷ 17.84 (Growth) = 0.58
Frequently Asked Questions about GL
What is the current PEG Ratio for Globe Life Inc. (GL)?+
The current PEG Ratio for Globe Life Inc. is 0.58. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is GL stock undervalued right now?+
Based on the PEG ratio of 0.58, Globe Life Inc. appears to be potentially undervalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for GL?+
The PEGY ratio for Globe Life Inc. is 0.55. This metric accounts for dividend yield (0.76%), providing a more complete valuation picture.