Metlife Inc vs Prudential Financial Inc

Metlife Inc (MET) is overvalued and Prudential Financial Inc (PRU) is slightly undervalued.

Against our estimates of intrinsic value, PRU trades at the wider discount: a margin of safety of +19%, against -33% for MET.

Values as of the 22 Sept 2026 close.

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

Prudential Financial Inc (PRU)

Book value at 1.49x, the multiple a 12.6% return on equity justifies, blended with earnings, values the shares at $145.56; the price of $117.66 is 19% below that value.

Leak Score 43/100 on 8 of 12 signals

MetricMETPRU
VerdictOvervaluedSlightly undervalued
Price$95.92$117.66
Intrinsic value$71.92$145.56
Margin of safety-33%+19%
Leak Score55/100 (9/12)43/100 (8/12)
Market cap$61.0B$40.6B
Revenue growth, 5 years2.6%1.3%
Operating margin7.7%7.6%
Net margin4.3%6.0%
Return on equity13.2%12.6%
Debt to equity0.791.10
P/E18.4x10.7x
Forward P/E8.6x7.9x
P/B2.2x1.3x
Dividend yield2.4%4.8%

All stocks in Insurance - Life