Is Primerica, Inc. overvalued or undervalued?

As of 6 August 2025, the valuation grade for Primerica, Inc. has moved from expensive to fair, indicating a shift in its perceived value. The company appears fairly valued based on its current metrics, with a P/E ratio of 16, a Price to Book Value of 3.95, and a PEG Ratio of 7.24. In comparison to its peers, Globe Life, Inc. has a P/E of 11.82, while Lincoln National Corp. stands out with a very attractive P/E of 6.96, suggesting that Primerica's valuation is competitive but not the lowest in its industry.
Despite recent stock performance showing a 1-year return of 6.55% compared to the S&P 500's 17.14%, Primerica has outperformed the index over the longer term, with a 3-year return of 112.55% versus the S&P 500's 70.41%. This longer-term performance reinforces the notion that Primerica is positioned well within its sector, supporting the conclusion that it is fairly valued at this time.