Is Corebridge Financial, Inc. overvalued or undervalued?

As of 28 November 2025, the valuation grade for Corebridge Financial, Inc. has moved from fair to attractive, indicating a more favorable assessment of its market position. The company appears to be undervalued, especially when considering its P/E ratio of 36, which is significantly higher than the peer average, and its Price to Book Value of 1.53. Additionally, the EV to Sales ratio stands at 1.31, suggesting that the market may not fully recognize the company's growth potential compared to its peers.
In comparison to its industry, Corebridge Financial's P/E ratio is notably lower than that of Ares Management Corp., which has a P/E of 111.58, and much higher than Raymond James Financial, Inc., which has a P/E of 18.05. This disparity highlights the potential for Corebridge to be undervalued relative to its peers. Over the past year, Corebridge has underperformed the S&P 500, with a return of -7.37% compared to the index's 14.18%, but its strong performance over three years at 39.11% suggests a recovery potential that may not yet be reflected in its current valuation.