Is Globe Life, Inc. overvalued or undervalued?

As of 8 May 2025, the valuation grade for Globe Life, Inc. has moved from fair to attractive, indicating a positive shift in its valuation outlook. The company is currently considered undervalued, supported by a P/E ratio of 10.14, a PEG ratio of 0.45, and a Price to Book Value of 2.12. In comparison, Equitable Holdings, Inc. has a P/E ratio of 17.51, while Primerica, Inc. is deemed expensive with a P/E of 14.89, highlighting Globe Life's relative attractiveness in the market.
Globe Life's strong performance is further underscored by its impressive ROE of 20.53%, suggesting efficient use of equity capital. Additionally, the company has outperformed the S&P 500 over the past year, with a stock return of 47.01% compared to the index's 10.26%. This combination of favorable ratios and robust performance relative to peers reinforces the conclusion that Globe Life, Inc. is currently undervalued.