Is Corebridge Financial, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Corebridge Financial, Inc. has moved from fair to attractive, indicating a more favorable assessment of its value. The company appears to be undervalued, particularly when considering its P/E ratio of 36, which is higher than the fair peer comparison of Raymond James Financial, Inc. at 18.05, and its EV to Sales ratio of 1.31, which is lower than Ares Management Corp.'s significantly high valuation metrics. Additionally, the Price to Book Value stands at 1.53, suggesting a reasonable valuation relative to its assets.
In comparison to its peers, Corebridge Financial's valuation appears risky, with a P/E ratio that is notably higher than that of Raymond James Financial, Inc. and T. Rowe Price Group, Inc., which are valued at 18.05 and 12.03 respectively. Despite this, Corebridge's recent stock performance has lagged behind the S&P 500, with a year-to-date return of 0.77% compared to the S&P 500's 14.40%. This underperformance reinforces the notion that the stock may be undervalued relative to its peers and the broader market.