Forward PE Ratio: 17.19
The forward PE ratio is 17.19 as of Thursday, July 9, 2026.
Forward PE Ratio (17.19) = Close Price ($121.99) / Consensus Forward EPS ($7.06)
AFL Forward PE Ratio Metrics
FORWARD PE RATIO
17.19
AFL Competitors' Forward PE Ratio
Aflac Incorporated
Market Cap
$62.09B
Forward PE Ratio
17.19
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Aflac Incorporated (AFL) | $62.09B | 17.19 |
| Truist Financial Corporation (TFC)vs › | $64.00B | 10.94 |
| The Allstate Corporation (ALL)vs › | $64.01B | 8.32 |
| Arthur J. Gallagher & Co. (AJG)vs › | $65.20B | 19.39 |
| MetLife, Inc. (MET)vs › | $58.65B | 9.09 |
| Nu Holdings Ltd. (NU)vs › | $66.21B | 15.78 |
| Apollo Global Management, Inc. (APO)vs › | $69.09B | 13.21 |
| The Travelers Companies, Inc. (TRV)vs › | $71.76B | 11.96 |
| Fifth Third Bancorp (FITB)vs › | $51.24B | 18.03 |
| Brookfield Asset Management Ltd. (BAM)vs › | $73.72B | 25.60 |
Trailing vs Forward
Trailing P/E
13.9
reported TTM EPS
Forward P/E
17.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.06 implies -19.4% EPS decline vs the reported trailing $8.76.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $121.99 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $7.06 | $6.97 – $7.27 | 9 | 17.3x |
| 2027-12-31 | $7.59 | $7.38 – $8.36 | 9 | 16.1x |
| 2028-12-31 | $7.99 | $7.85 – $8.10 | 4 | 15.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for Aflac Incorporated (AFL)?
- The forward PE ratio for AFL stock is 17.19.
Related Metrics
About Aflac Incorporated
Aflac Incorporated, operating through its various subsidiary companies, focuses on delivering supplementary health and life insurance policies. The firm's business activities are structured into two primary divisions: Aflac Japan and Aflac U.S. In Japan, the company offers a diverse range of insurance products, including coverage for cancer, medical expenses, income support for nursing care, and the distinct GIFT plan. This segment also provides traditional whole and term life insurance, along with savings-oriented plans like WAYS and child endowment products. Meanwhile, the Aflac U.S. division caters to the American market, furnishing policies that address cancer, accidents, short-term disability, critical illness, and hospital stays. Additionally, it provides dental, vision, long-term care, disability, and both term and whole life insurance options. Aflac distributes its comprehensive suite of products through multiple channels, which include dedicated sales associates, independent brokers, various corporate and individual agencies, and affiliated agencies. Established in 1955, the company maintains its corporate headquarters in Columbus, Georgia.
- Sector
- Financial Services
- Industry
- Insurance - Life
- CEO
- Daniel Paul Amos