Globe Life Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Globe Life Inc. (GL), the latest P/E of 12.6 frames valuation, while ROE 20.32% and ROIC 4.06% indicates profitability and capital efficiency. Together with the current ratio of 1.13 and debt-to-equity 0.46, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

GL Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$77.51$68.83$57.29$53.25$50.09$44.67$41.48$38.19$35.73$32.76
Net Income per Share$15.01$12.76$10.21$9.13$10.10$6.90$6.97$6.22$12.50$4.58
Operating Cash Flow per Share$17.67$16.71$15.59$14.52$14.09$13.92$12.50$11.34$12.29$11.65
Free Cash Flow per Share$15.68$15.86$15.07$14.24$13.71$13.53$12.11$10.94$12.11$11.44
Cash per Share$5.60$2.98$1.08$170.64$210.31$201.90$174.26$146.25$148.00$128.19
Book Value per Share$77.60$63.20$47.19$49.99$84.68$82.69$66.83$48.05$53.57$38.03
Tangible Book Value per Share$71.34$57.36$42.12$45.07$79.96$78.52$62.78$7.41$15.75$2.85
Interest Debt per Share$37.22$34.15$23.33$22.13$20.67$18.94$15.87$15.57$13.28$12.33
CAPEX per Share$1.98$0.85$0.52$0.29$0.37$0.39$0.39$0.40$0.17$0.21

GL Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)12.578.7411.9213.29.2813.7715.111.987.2616.1
Price to Book (P/B)2.381.762.582.411.111.151.571.551.691.94
Price to Sales (P/S)2.361.622.122.261.872.132.541.952.542.25
Enterprise Value to EBITDA10.498.2110.4811.568.4712.112.8610.431311.9
EV to Sales2.782.072.492.642.252.512.882.312.862.59
EV to Operating Cash Flow12.188.519.169.788.069.587.788.327.28
EV to Free Cash Flow13.728.979.489.898.228.39.888.078.447.41
Enterprise Value$16.87B$11.94B$13.59B$13.79B$11.50B$11.90B$13.06B$9.94B$11.89B$10.18B

GL Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)20.32%20.18%21.64%18.27%11.93%8.34%10.43%12.95%23.33%12.04%
Return on Invested Capital (ROIC)4.06%56.26%4.03%42795.24%2.50%1.86%2.17%11.05%21.09%10.12%
Return on Tangible Assets3.86%3.75%3.52%3.57%3.52%2.56%2.98%3.79%7.62%3.20%
Earnings Yield8.12%11.44%8.39%7.58%10.78%7.26%6.62%8.35%13.78%6.21%
Free Cash Flow Yield8.57%14.22%12.38%11.81%14.63%14.24%11.50%14.67%13.35%15.51%
Dividend Yield0.65%0.91%0.73%0.68%0.84%0.78%0.65%0.85%0.65%0.76%

GL Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio1.132.270.490.1845.7785.8765.151.061.111.01
Interest Coverage10.811.8712.8713.4116.2711.5112.2710.710.8710.41
Income Quality1.181.311.531.591.932.021.791.820.982.59
Debt to Equity0.460.520.470.420.230.220.230.310.230.31
Debt to Assets8.97%9.42%7.54%8.13%6.81%6.62%6.34%7.21%6.22%6.52%
Net Debt to EBITDA1.571.771.551.661.421.861.551.621.471.54

GL Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover8.358.358.64010.499.9910.2510.3710.6110.23
Payables Turnover06.20.680.690.780.750000
Inventory Turnover0000000000
Days Sales Outstanding43.6943.7142.23034.836.5335.6135.2134.4135.67
Days Payables Outstanding058.86540.29525.25468.04484.390000
Days of Inventory on Hand0000000000

GL Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA10.498.2110.4811.568.4712.112.8610.431311.9
Market Cap$14.35B$9.36B$11.57B$11.81B$9.57B$10.07B$11.49B$8.40B$10.55B$8.86B
Enterprise Value$16.87B$11.94B$13.59B$13.79B$11.50B$11.90B$13.06B$9.94B$11.89B$10.18B
Dividend Yield0.65%0.91%0.73%0.68%0.84%0.78%0.65%0.85%0.65%0.76%
Payout Ratio7.41%7.98%8.67%9.01%7.76%10.69%9.75%10.19%4.73%12.17%

Frequently Asked Questions

Is Globe Life Inc. stock overvalued based on its P/E ratio?

On this page, GL's current P/E is 12.6, compared with a multi-year average around 12.0. When the current P/E sits near its historical average, valuation may be broadly "in line." Investors typically then focus on trend direction (whether profitability and cash-flow metrics are improving) and balance-sheet risk (liquidity and leverage) rather than treating the P/E in isolation.

What is Globe Life Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $14.35B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for Globe Life Inc. compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to Globe Life Inc.'s own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does Globe Life Inc. compare to its competitors in key financial ratios?

The fastest way to compare Globe Life Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Globe Life Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is Globe Life Inc. financially strong based on its ratios?

To assess whether Globe Life Inc. is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 1.13, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 10.80, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.46, suggesting leverage is more moderate relative to a high-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do Globe Life Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Globe Life Inc. is sustaining strong returns (for example ROE at 20.32% and ROIC at 4.06%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.