Aflac Inc. (AFL) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
Aflac Inc offers supplemental health insurance and life insurance in the United States and Japan. In addition to its cancer policies, the company has broadened its product offerings to include acci...
Aflac Inc. (AFL) currently trades at a P/E ratio of 12.37 (historical range: 6.07–24.80, median: 10.52), placing it at the 78th percentile — above its historical average, P/S ratio of 3.33 (range: 1.53–3.80, 82th percentile — expensive relative to its history), EV/EBITDA of 11.33 (range: 10.99–12.71, 9th percentile).
Over the historical period (2021-09-13 to 2026-10-16), Aflac Inc.'s P/E ratio has expanded by 42% over the observed period (from an average of 9.4 to 13.4).
Aflac Inc. trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 12.37 | 10.52 | 78th | above its historical average |
| P/S Ratio | 3.33 | 2.62 | 82th | expensive relative to its history |
| EV/EBITDA | 11.33 | 11.98 | 9th | cheap relative to its history |
Aflac Inc. (AFL) Valuation & P/E History
Aflac Inc. (AFL) is a US-listed stock operating in the Financial Services sector, specifically the Accident & Health Insurance industry currently trading at $119.97 with a market capitalization of $60.1 billion. This page provides historical valuation analysis for AFL based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 12.37 is above the historical median of 10.52, placing AFL at the 78th percentile of its valuation range. The P/S ratio of 3.33 compares to a median of 2.62.
AFL Valuation Metrics & Historical Range
The valuation table above shows Aflac Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether AFL is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests AFL is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Aflac Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is AFL Overvalued or Undervalued?
Aflac Inc. trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 56 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive AFL is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full AFL analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.AFL trades on NYSE. This page is for informational purposes only and is not financial advice.