Prudential plc ADR (PUK) is undervalued and Unum Group (UNM) is overvalued.
Against our estimates of intrinsic value, PUK trades at the wider discount: a margin of safety of +35%, against -65% for UNM.
Values as of the 22 Sept 2026 close.
Book value at 2.50x, the multiple a 19.2% return on equity justifies, blended with earnings, values the shares at $39.78; the price of $25.85 is 35% below that value.
Leak Score 100/100 on 3 of 12 signals
Book value at 0.78x, the multiple a 6.3% return on equity justifies, blended with earnings, values the shares at $56.68; the price of $93.32 is 65% above that value.
Leak Score 27/100 on 3 of 12 signals
| Metric | PUK | UNM |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $25.85 | $93.32 |
| Intrinsic value | $39.78 | $56.68 |
| Margin of safety | +35% | -65% |
| Leak Score | 100/100 (3/12) | 27/100 (3/12) |
| Market cap | $31.9B | $14.8B |
| Revenue growth, 5 years | -5.3% | -0.2% |
| Operating margin | 9.3% | 8.7% |
| Net margin | 12.1% | 5.3% |
| Return on equity | 19.2% | 6.3% |
| Debt to equity | 0.30 | 0.35 |
| P/E | 9.1x | 21.8x |
| Forward P/E | 9.1x | 9.9x |
| P/B | 1.6x | 1.4x |
| Dividend yield | 2.4% | 2.1% |