Aflac (AFL) - P/B ratio

P/B ratio as of July 2024 : 2.28

According to Aflac's latest financial reports the company has a price-to-book ratio of 2.28.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Aflac - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.19	-1.27%
2022-12-31	2.22	91.2%
2021-12-31	1.16	24.79%
2020-12-31	0.9308	-29.89%
2019-12-31	1.33	-9.48%
2018-12-31	1.47	4.54%
2017-12-31	1.40	1.17%
2016-12-31	1.39	-3.4%
2015-12-31	1.44	-2.56%
2014-12-31	1.47	-29.82%
2013-12-31	2.10	34.97%
2012-12-31	1.56	-0.3%
2011-12-31	1.56	-34.93%
2010-12-31	2.40	-6.9%
2009-12-31	2.57	-20%
2008-12-31	3.22	-4.8%
2007-12-31	3.38	24.63%
2006-12-31	2.71	-7.01%
2005-12-31	2.92	10.54%
2004-12-31	2.64	-5.12%
2003-12-31	2.78	14.7%
2002-12-31	2.42

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Unum UNM	0.9875	-56.77%	🇺🇸 USA
CNO Financial Group CNO	1.42	-37.94%	🇺🇸 USA
Cigna CI	2.37	3.74%	🇺🇸 USA
Assurant AIZ	1.83	-19.92%	🇺🇸 USA
Principal PFG	1.63	-28.57%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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