Is Assurant, Inc. overvalued or undervalued?

As of 12 September 2025, the valuation grade for Assurant, Inc. has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently considered overvalued based on its key ratios, which include a P/E ratio of 16, a Price to Book Value of 2.06, and an EV to EBITDA of 48.20. In comparison to peers, CNA Financial Corp. has a P/E of 14.82 and Unum Group shows a more attractive P/E of 13.25, suggesting that Assurant's valuation is less favorable relative to its competitors.
Moreover, Assurant's recent stock performance has lagged behind the S&P 500, with a year-to-date return of -1.95% compared to the index's 12.22%. This underperformance reinforces the notion that the stock may be overvalued in the current market environment.