Globe Life Inc (GL) is slightly undervalued and Jackson Financial Inc (JXN) is overvalued.
Against our estimates of intrinsic value, GL trades at the wider discount: a margin of safety of +17%, against -227% for JXN.
Values as of the 22 Sept 2026 close.
Book value at 2.50x, the multiple a 20.9% return on equity justifies, blended with earnings, values the shares at $205.28; the price of $169.43 is 17% below that value.
Leak Score 81/100 on 3 of 12 signals
Book value at 0.50x, the multiple a 1.0% return on equity justifies, blended with earnings, values the shares at $39.68; the price of $129.57 is 227% above that value.
Leak Score 0/100 on 3 of 12 signals
| Metric | GL | JXN |
|---|---|---|
| Verdict | Slightly undervalued | Overvalued |
| Price | $169.43 | $129.57 |
| Intrinsic value | $205.28 | $39.68 |
| Margin of safety | +17% | -227% |
| Leak Score | 81/100 (3/12) | 0/100 (3/12) |
| Market cap | $13.0B | $8.8B |
| Revenue growth, 5 years | 4.8% | 15.8% |
| Operating margin | 26.9% | 1.3% |
| Net margin | 19.6% | 0.9% |
| Return on equity | 20.9% | 1.0% |
| Debt to equity | 0.48 | 0.28 |
| P/E | 11.3x | 178.0x |
| Forward P/E | 10.3x | 4.1x |
| P/B | 2.1x | 0.9x |
| Dividend yield | 0.7% | 2.8% |