Is Primerica, Inc. overvalued or undervalued?

As of 30 April 2025, Primerica, Inc. has moved from a valuation grade of very expensive to expensive. The company is currently considered overvalued. Key ratios include a P/E ratio of 16, a Price to Book Value of 3.95, and a PEG ratio of 7.24, which indicates a high valuation relative to its growth prospects.
In comparison to peers, Equitable Holdings, Inc. has a P/E of 17.51 and Globe Life, Inc. stands out with a more attractive P/E of 10.14. Despite Primerica's strong ROE of 25.18%, its high EV to EBITDA of 472.78 suggests that investors are paying a premium for its earnings potential. Over the past year, Primerica's stock has returned 13.09%, outperforming the S&P 500's 10.26%, but this may not justify its current valuation level.