Brighthouse Financial, Inc. (BHF)
Market price: $43.81
2 valuation methods
- P / B: $50.91 to $154.94 (midpoint $68.90)
- P / E: $108.89 to $223.49 (midpoint $181.88)
How each method works
P / B: $50.91 to $154.94 (midpoint $68.90)
Values the stock at a peer multiple of its book (net asset) value — most meaningful for asset-heavy and financial companies whose balance sheet drives value.
- How it’s calculated
- We take book value per share (total assets minus total liabilities, from the latest balance sheet, divided by shares outstanding) and multiply it by the range of price-to-book multiples the peer group trades at.
- Why it fits this industry
- An insurer's balance sheet — reserves against invested premiums — is the business itself, making price-to-book the sector's anchor comparison.
- Reading this bar
- The bar is the per-share value range this method implies: a conservative low, a central estimate, and an optimistic high. If the current price sits below the bar, the market is pricing the shares below what this method's inputs suggest; if it sits above, the market is pricing them higher. No single bar is a verdict — methods disagree for good reasons, so read the whole field together. Asset-light companies (brands, software) legitimately trade far above book value, so for them a P/B bar well below the price is usually structure, not signal.
P / B = (0.61/0.83/1.86)× book_value_per_share 83.41 ≈ 50.91/68.90/154.94 (per_share)
P / E: $108.89 to $223.49 (midpoint $181.88)
Values the stock at a peer multiple of its earnings per share — the most familiar gauge for steadily profitable companies.
- How it’s calculated
- We take the company's net earnings per share over the last twelve months and multiply them by the range of price-to-earnings (P/E) multiples its peers trade at.
- Why it fits this industry
- For steadily profitable companies, earnings are the bottom line an owner is entitled to — P/E is the most familiar way to ask what the market pays for a dollar of profit.
- Reading this bar
- The bar is the per-share value range this method implies: a conservative low, a central estimate, and an optimistic high. If the current price sits below the bar, the market is pricing the shares below what this method's inputs suggest; if it sits above, the market is pricing them higher. No single bar is a verdict — methods disagree for good reasons, so read the whole field together. One unusually strong or weak year can swing a P/E — the inputs panel shows the earnings the bar is built on.
P / E = (7.54/12.59/15.47)× eps 14.45 ≈ 108.89/181.88/223.49 (per_share)
6 methods not shown
- EV / EBITDA: EV / EBITDA is not a valuation metric for banks/insurers (their model is spread / premium / investment income, not operating cash flow on invested capital)
- EV / Revenue: EV / Revenue is not a valuation metric for banks/insurers (their model is spread / premium / investment income, not operating cash flow on invested capital)
- EV / Gross Profit: gross profit is not a valuation metric for this sector (financial / rental revenue has no cost-of-goods concept) — EV/Gross-Profit not applied
- DCF (FCFF): DCF input(s) unavailable (da, capex, delta_nwc) — cannot build FCFF
- Dividend Discount Model (DDM): missing dividends / net income / share count — bank DDM base unavailable
- P / E — operating: the market prices this company far outside its sector's P / E — operating range (its own multiple is 2.93 vs a sector band of 10.78–13.32) — a sector-average bar would be misleading here, so it is withheld
Limited data — fewer than three valuation methods could be formed for this company; showing every method we can stand behind.