| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 83 | 7.6x | 17.3x | Top tier | |
Growth | 86 | 7.0% | 7.1% | Top tier | |
Quality | 94 | — | — | Top tier | |
Safety | 15 | — | — | Bottom tier | |
Capital Return | 88 | 3.54% | 0.06% | Top tier | |
Momentum | 29 | -7.4% | -1.6% | Bottom tier | |
Sentiment | 55 | 2 | 3 | Around median |
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Prudential plc operates in insurance and asset management across markets in Asia and Africa, distributing its products through agents and banking partnerships, including Standard Chartered and UOB in Singapore. Its activities combine life, health and protection insurance with savings products, while asset management provides fee income. Its strategy focuses on increasing the profitability of new policies and converting earnings into distributable capital surplus, while expanding protection business and improving agent productivity. In fiscal year 2025 ended 2025-12-31, revenue reached 11.5 billion dollars and net income 4.0 billion dollars, compared with revenue of 10.7 billion dollars and net income of 2.3 billion dollars in fiscal year 2024 ended 2024-12-31.
In the first half of fiscal year 2026 ended 2026-06-30, new business profit rose 8%, earnings per share 17%, and gross operating free surplus generation 15% compared with the same period of the previous fiscal year. The new business margin reached 40%, up two percentage points compared with the same period of the previous fiscal year; this measures the profitability of new insurance business. Domestic business came to represent 50% of new business profit in Hong Kong, compared with 50% from visitors from mainland China, while new business profit in ASEAN markets grew 13% and underlying asset management earnings grew 20% compared with the same period of the previous fiscal year. This mix makes improvement in Hong Kong and broader regional growth central to the group's ability to deliver its targets.
When: Fiscal year 2026
New business profit growth at the 10% threshold compared with the previous fiscal year
China new business margin at the 40% level
The median analyst price target is 39 dollars, a low-confidence indicative estimate because it relies on one analyst, and reflects the pricing of expected growth, while the mean consensus analyst target is 39.3 dollars with a Buy recommendation. The industry-multiple valuation is 12 dollars, within a range of 3.50 dollars to 31 dollars, and values the company's book value at a median multiple of 0.7 across 29 comparable companies. The two methods differ clearly, as the median analyst target exceeds even the upper end of the industry-multiple valuation range; the first incorporates growth expectations, while the second values book value using peer-company pricing. Analyst targets tend to be optimistic by nature, so the wide gap between the indicative estimate and the industry-multiple valuation matters when assessing the achievability of growth and surplus generation targets.
Figures in the text are as of 2026-10-19; the live price is shown at the top of the page.
Prudential plc combines life, health and protection insurance, savings products, and asset management, relying on agents and banking partnerships for distribution. In the first half of fiscal year 2026 ended 2026-06-30, new business profit in Hong Kong was split equally between domestic business and visitors from mainland China, with a 50% share for each. Domestic business grew 22% compared with the same period of the previous fiscal year, increasing the weight of local demand in a market that had been more dependent on visitors.
Gross operating free surplus generation rose 15% and net operating free surplus generation rose 41% in the first half of fiscal year 2026 ended 2026-06-30 compared with the same period of the previous fiscal year. The free surplus ratio reached 209% on 2026-06-30, or 200% excluding the remaining net proceeds from the initial public offering of the Indian asset management business. The group aims to return more than 7 billion dollars to shareholders during fiscal years 2024 to 2027, with an operating free surplus generation target of 4.4 billion dollars in fiscal year 2027 ending 2027-12-31.
Automated analysis for informational purposes only — not investment advice.
Share of participating products in China at the 60% level
When: Fiscal year 2027
Operating free surplus generation at the target of 4.4 billion dollars
The share of participating products rose to 76% in the first half of fiscal year 2026 ended 2026-06-30, alongside changes to bancassurance expense rules. Management aims to bring this share back to around 60% in fiscal year 2026 ending 2026-12-31 by increasing protection products and improving the profitability of participating savings products. However, it targets a new business margin of approximately 40% for fiscal year 2026, compared with 43% in fiscal year 2025 ended 2025-12-31, keeping the recovery in profitability central to the execution test.
The group aims to build two complementary businesses, one in health insurance with HCL and the other in life insurance with Bharti, with the life insurance transaction remaining subject to regulatory approval on 2026-08-27. Management confirmed that the first health insurance policies began to be written during August 2026, and identified a Bharti customer base of 450 million, including 50 million postpaid and high-value customers. This base offers a distribution opportunity, but management explained that it would retain part of the proceeds from reducing its ownership in the existing business to fund the acquisition and investment in Prudential Bharti.
The median analyst price target is 39 dollars, but it is a low-confidence indicative estimate because it relies on one analyst. By comparison, the industry-multiple valuation is 12 dollars, within a range of 3.50 dollars to 31 dollars, using a median price-to-book multiple of 0.7 across 29 companies. The difference reflects that analyst targets incorporate expected growth, while the industry-multiple method links valuation to book value and peer-company pricing, so the two values do not represent the same measure.