Globe Life Stock Book Value Per Share

GL Stock

USD 79.48 3.31 4.35%

Globe Life fundamentals help investors to digest information that contributes to Globe Life's financial success or failures. It also enables traders to predict the movement of Globe Stock. The fundamental analysis module provides a way to measure Globe Life's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Globe Life stock.

	Last Reported	Projected for Next Year
Book Value Per Share	47.18	49.54
Tangible Book Value Per Share	(21.08)	(20.02)

Book Value Per Share is expected to rise to 49.54 this year, although Tangible Book Value Per Share is projected to rise to (20.02).

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Globe Life Company Book Value Per Share Analysis

Globe Life's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Globe Life Book Value Per Share

47.84 X

Most of Globe Life's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Globe Life is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Globe Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Globe Life is extremely important. It helps to project a fair market value of Globe Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Globe Life's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Globe Life's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Globe Life's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Short Term Debt	Intangible Assets	Common Stock	Net Receivables	Good Will	Short Term Investments	Total Current Assets	Accounts Payable	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Long Term Investments	Treasury Stock	Short Long Term Debt	Property Plant Equipment	Net Invested Capital	Capital Stock	Current Deferred Revenue
Total Assets		0.86	0.96	0.7	0.98	0.64	-0.02	0.42	0.52	-0.27	0.62	0.32	0.26	0.61	0.62	0.63	0.65	0.68	-0.59	0.51	0.23	0.42	-0.23	0.08
Total Stockholder Equity	0.86		0.74	0.5	0.74	0.35	-0.27	0.37	0.31	-0.16	0.75	0.64	0.51	0.83	0.53	0.48	0.4	0.8	-0.6	0.27	0.0	0.76	-0.07	0.23
Net Debt	0.96	0.74		0.77	0.97	0.71	0.02	0.28	0.6	-0.22	0.53	0.09	0.07	0.54	0.73	0.74	0.72	0.67	-0.67	0.65	0.4	0.28	-0.38	-0.02
Retained Earnings	0.7	0.5	0.77		0.72	0.6	0.34	0.26	0.83	-0.53	0.09	-0.26	-0.34	0.59	0.8	0.8	0.89	0.74	-0.78	0.76	0.73	0.03	-0.82	-0.61
Total Liab	0.98	0.74	0.97	0.72		0.7	0.1	0.46	0.56	-0.35	0.53	0.17	0.16	0.45	0.56	0.6	0.67	0.55	-0.51	0.54	0.28	0.24	-0.26	0.01
Short Term Debt	0.64	0.35	0.71	0.6	0.7		-0.02	0.24	0.46	-0.12	0.23	-0.16	-0.12	0.23	0.38	0.43	0.57	0.37	-0.36	0.71	0.54	0.0	-0.4	-0.15
Intangible Assets	-0.02	-0.27	0.02	0.34	0.1	-0.02		0.27	0.46	-0.65	-0.46	-0.37	-0.35	-0.23	0.01	0.07	0.32	-0.19	0.04	0.16	0.25	-0.61	-0.33	-0.64
Common Stock	0.42	0.37	0.28	0.26	0.46	0.24	0.27		0.33	-0.63	0.4	0.34	0.38	0.06	-0.19	-0.21	0.19	0.1	0.13	-0.13	-0.2	-0.01	0.06	-0.04
Net Receivables	0.52	0.31	0.6	0.83	0.56	0.46	0.46	0.33		-0.46	0.02	-0.32	-0.29	0.41	0.56	0.58	0.82	0.55	-0.5	0.64	0.72	-0.07	-0.79	-0.69
Good Will	-0.27	-0.16	-0.22	-0.53	-0.35	-0.12	-0.65	-0.63	-0.46		0.14	0.08	0.1	-0.07	-0.05	-0.05	-0.29	-0.09	0.06	-0.02	-0.2	0.22	0.37	0.56
Short Term Investments	0.62	0.75	0.53	0.09	0.53	0.23	-0.46	0.4	0.02	0.14		0.71	0.76	0.43	0.16	0.08	0.05	0.42	-0.27	-0.03	-0.35	0.6	0.31	0.58
Total Current Assets	0.32	0.64	0.09	-0.26	0.17	-0.16	-0.37	0.34	-0.32	0.08	0.71		0.93	0.4	-0.17	-0.23	-0.28	0.22	0.03	-0.42	-0.67	0.74	0.61	0.62
Accounts Payable	0.26	0.51	0.07	-0.34	0.16	-0.12	-0.35	0.38	-0.29	0.1	0.76	0.93		0.22	-0.3	-0.35	-0.34	0.07	0.2	-0.49	-0.69	0.64	0.63	0.62
Net Tangible Assets	0.61	0.83	0.54	0.59	0.45	0.23	-0.23	0.06	0.41	-0.07	0.43	0.4	0.22		0.72	0.66	0.53	0.96	-0.78	0.41	0.26	0.74	-0.39	-0.13
Long Term Debt	0.62	0.53	0.73	0.8	0.56	0.38	0.01	-0.19	0.56	-0.05	0.16	-0.17	-0.3	0.72		0.98	0.77	0.83	-0.94	0.73	0.6	0.27	-0.67	-0.32
Long Term Debt Total	0.63	0.48	0.74	0.8	0.6	0.43	0.07	-0.21	0.58	-0.05	0.08	-0.23	-0.35	0.66	0.98		0.82	0.78	-0.89	0.76	0.63	0.2	-0.66	-0.35
Capital Surpluse	0.65	0.4	0.72	0.89	0.67	0.57	0.32	0.19	0.82	-0.29	0.05	-0.28	-0.34	0.53	0.77	0.82		0.67	-0.7	0.75	0.64	-0.04	-0.71	-0.55
Long Term Investments	0.68	0.8	0.67	0.74	0.55	0.37	-0.19	0.1	0.55	-0.09	0.42	0.22	0.07	0.96	0.83	0.78	0.67		-0.87	0.58	0.43	0.61	-0.55	-0.22
Treasury Stock	-0.59	-0.6	-0.67	-0.78	-0.51	-0.36	0.04	0.13	-0.5	0.06	-0.27	0.03	0.2	-0.78	-0.94	-0.89	-0.7	-0.87		-0.71	-0.53	-0.32	0.61	0.27
Short Long Term Debt	0.51	0.27	0.65	0.76	0.54	0.71	0.16	-0.13	0.64	-0.02	-0.03	-0.42	-0.49	0.41	0.73	0.76	0.75	0.58	-0.71		0.83	-0.04	-0.73	-0.43
Property Plant Equipment	0.23	0.0	0.4	0.73	0.28	0.54	0.25	-0.2	0.72	-0.2	-0.35	-0.67	-0.69	0.26	0.6	0.63	0.64	0.43	-0.53	0.83		-0.16	-0.93	-0.73
Net Invested Capital	0.42	0.76	0.28	0.03	0.24	0.0	-0.61	-0.01	-0.07	0.22	0.6	0.74	0.64	0.74	0.27	0.2	-0.04	0.61	-0.32	-0.04	-0.16		0.13	0.39
Capital Stock	-0.23	-0.07	-0.38	-0.82	-0.26	-0.4	-0.33	0.06	-0.79	0.37	0.31	0.61	0.63	-0.39	-0.67	-0.66	-0.71	-0.55	0.61	-0.73	-0.93	0.13		0.85
Current Deferred Revenue	0.08	0.23	-0.02	-0.61	0.01	-0.15	-0.64	-0.04	-0.69	0.56	0.58	0.62	0.62	-0.13	-0.32	-0.35	-0.55	-0.22	0.27	-0.43	-0.73	0.39	0.85

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Globe Book Value Per Share Historical Pattern

Today, most investors in Globe Life Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Globe Life's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Globe Life book value per share as a starting point in their analysis.

Globe Life Book Value Per Share

Timeline

The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Competition

Predict Globe Life

Book Value Per Share Over Time

Globe Common Stock Shares Outstanding

Common Stock Shares Outstanding

91.55 Million

At this time, Globe Life's Common Stock Shares Outstanding is quite stable compared to the past year.

In accordance with the recently published financial statements, the book value per share of Globe Life is about 47.838 times. This is 41.87% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The book value per share for all United States stocks is 97.52% higher than that of the company.

Globe Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Globe Life's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Globe Life could also be used in its relative valuation, which is a method of valuing Globe Life by comparing valuation metrics of similar companies.

Globe Life is currently under evaluation in book value per share category among related companies.

Globe Life ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Globe Life's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Globe Life's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Globe Fundamentals

	Return On Equity	0.23
	Return On Asset	0.03
	Profit Margin	0.18 %
	Operating Margin	0.24 %
	Current Valuation	9.21 B
	Shares Outstanding	94.04 M
	Shares Owned By Insiders	2.18 %
	Shares Owned By Institutions	83.88 %
	Number Of Shares Shorted	3.43 M
	Price To Earning	16.54 X
	Price To Book	1.24 X
	Price To Sales	1.02 X
	Revenue	5.45 B
	Gross Profit	1.35 B
	EBITDA	(103.22 M)
	Net Income	970.75 M
	Cash And Equivalents	171.36 M
	Cash Per Share	1.76 X
	Total Debt	2.12 B
	Debt To Equity	0.47 %
	Current Ratio	0.62 X
	Book Value Per Share	47.84 X
	Cash Flow From Operations	1.48 B
	Short Ratio	0.77 X
	Earnings Per Share	10.46 X
	Price To Earnings To Growth	0.97 X
	Target Price	99.75
	Number Of Employees	3.64 K
	Beta	0.68
	Market Capitalization	7.16 B
	Total Asset	28.05 B
	Retained Earnings	7.48 B
	Annual Yield	0.01 %
	Five Year Return	0.78 %
	Net Asset	28.05 B
	Last Dividend Paid	0.68

About Globe Life Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Globe Life's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Globe Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Globe Life based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Globe Life is a strong investment it is important to analyze Globe Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Globe Life's future performance. For an informed investment choice regarding Globe Stock, refer to the following important reports:

How To Invest In Globe

Details

Is Globe Stock a good investment?

Details

What is Globe Life's Net Worth?

Details

Largest Insurance - Life Companies

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Largest Financial Services Companies

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Check out Globe Life Piotroski F Score and Globe Life Altman Z Score analysis.

For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Globe Stock analysis

When running Globe Life's price analysis, check to measure Globe Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globe Life is operating at the current time. Most of Globe Life's value examination focuses on studying past and present price action to predict the probability of Globe Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Life's price. Additionally, you may evaluate how the addition of Globe Life to your portfolios can decrease your overall portfolio volatility.

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Is Globe Life's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globe Life. If investors know Globe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globe Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.171

Dividend Share

0.675

Earnings Share

10.46

Revenue Per Share

58.678

Quarterly Revenue Growth

0.072

The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globe Life's market value can be influenced by many factors that don't directly affect Globe Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Globe Life Stock Book Value Per Share

Globe Life Company Book Value Per Share Analysis

Book Value per Share

Common Equity

Average Shares

Current Globe Life Book Value Per Share

Globe Book Value Per Share Driver Correlations

Globe Book Value Per Share Historical Pattern

Globe Common Stock Shares Outstanding

Common Stock Shares Outstanding

91.55 Million

Globe Book Value Per Share Peer Comparison

Globe Life ESG Sustainability

Globe Fundamentals

About Globe Life Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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