Is Voya Financial, Inc. overvalued or undervalued?

As of 7 July 2025, Voya Financial, Inc. has moved from expensive to fair in its valuation grade. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 15, a Price to Book Value of 1.97, and an EV to Sales ratio of 1.47. In comparison to its peers, Globe Life, Inc. has a P/E of 11.82, while Primerica, Inc. has a P/E of 12.59, indicating that Voya Financial is priced higher than some of its competitors in the insurance industry.
In terms of recent performance, Voya Financial's stock has returned 0.31% over the past year, significantly underperforming the S&P 500's return of 17.14% during the same period. This underperformance, along with the company's fair valuation, suggests that while it may not be undervalued, it also lacks the growth momentum seen in the broader market.