Is Brighthouse Financial, Inc. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Brighthouse Financial, Inc. has moved from very attractive to attractive. The company appears to be undervalued, given its P/E ratio of 9, a Price to Book Value of 1.11, and an impressive PEG Ratio of 0.06. In comparison to peers, Globe Life, Inc. has a P/E of 11.82, while Lincoln National Corp. shows a P/E of 6.96, indicating that Brighthouse is trading at a lower valuation relative to some competitors.
Despite recent stock performance showing a 36.93% year-to-date return compared to the S&P 500's 14.49%, the company has underperformed over the longer term, with a 3-year return of 21.77% versus the S&P's 70.17%. This suggests that while Brighthouse Financial may be undervalued currently, its growth potential has not matched that of the broader market in recent years.