Jackson Financial Inc vs Metlife Inc

Jackson Financial Inc (JXN) is overvalued and Metlife Inc (MET) is overvalued.

Both trade above our estimate of their intrinsic value. MET is the closer of the two: -33%, against -227% for JXN.

Values as of the 22 Sept 2026 close.

Jackson Financial Inc (JXN)

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

Metlife Inc (MET)

Book value at 1.64x, the multiple a 13.2% return on equity justifies, blended with earnings, values the shares at $71.92; the price of $95.92 is 33% above that value.

Leak Score 55/100 on 9 of 12 signals

MetricJXNMET
VerdictOvervaluedOvervalued
Price$129.57$95.92
Intrinsic value$39.68$71.92
Margin of safety-227%-33%
Leak Score0/100 (3/12)55/100 (9/12)
Market cap$8.8B$61.0B
Revenue growth, 5 years15.8%2.6%
Operating margin1.3%7.7%
Net margin0.9%4.3%
Return on equity1.0%13.2%
Debt to equity0.280.79
P/E178.0x18.4x
Forward P/E4.1x8.6x
P/B0.9x2.2x
Dividend yield2.8%2.4%

All stocks in Insurance - Life