Superworth

Lincoln National price to book ratio LNC

Market value divided by the book value of the company's net assets, since 2009.

Today, Oct 23, 2026
0.7×
10-year median
0.7×
Against its 10-year history
39th
percentile: 0 is its lowest day, 100 its highest
10-year range
0.2× to 3.0×
Peer median
1.4×

Lincoln National's price to book ratio is 0.7× as of Oct 23, 2026.

That is below its ten-year median of 0.7×, close to the middle of its last ten years.

Over that time it ranged from 0.2× in Mar 2020 to 3.0× in Nov 2022.

The median for 10 life insurers of a similar size is 1.4×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far0.7×0.6×0.8×
20250.8×0.6×0.9×
20240.6×0.6×1.5×
20231.4×0.5×2.7×
20222.3×0.5×3.0×
20210.6×0.4×0.7×
20200.5×0.2×0.6×
20190.6×0.6×0.9×
20180.7×0.7×1.1×
20171.0×0.9×1.1×
20160.9×0.6×1.0×
20150.9×0.8×1.0×
20141.0×0.8×1.0×
20131.0×0.5×1.0×
20120.5×0.4×0.6×
20110.4×0.3×0.8×
20100.6×0.5×0.8×
20090.6×0.6×0.7×

Against its peers

Companies in Insurance - Life nearest Lincoln National's size, closest first, today.

CompanyPrice to book ratio
LNCLincoln National0.7×
PRIPrimerica3.3×
VOYAVoya Financial1.9×
JXNJackson Financial0.9×
CNOCNO Financial1.9×
GLGlobe Life1.9×
UNMUnum1.3×
CRBGCorebridge Financial1.4×
RGAReinsurance Group of America1.3×
GNWGenworth Financial0.4×
FGF&G Annuities & Life0.6×
Peer median1.4×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Lincoln National

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.