Allstate (ALL)
Forward P/E is 8.62x against a peer median of 13.04x, a ratio of 0.66x — well below the fair range — with trailing P/E 5.01x and PEG not published. Latest-quarter revenue grew 11.8% year over year (PRIMARY, EDGAR), far above the group pace, so the value-trap check passes: revenue is growing strongly, not shrinking. Delivered demand check: the Property & casualty insurance group's median growth was 0.5% year over year — demand steady across the group, while Allstate grew much faster.
What would change this label: Move to FAIRLY PRICED if the forward P/E rises to about 11.74x or above (0.90x the peer median) at unchanged estimates, or if revenue growth falls below 0% year over year. Move to OVERVALUED if the forward P/E rises above about 15.00x (1.15x the peer median) without a matching upgrade to growth.
Allstate is best known for car and home insurance. Its shares cost about 9 times next year's expected profit and only about 5 times last year's, while similar insurers cost about 13 times, and its sales grew about 12%. On those numbers the shares look clearly undervalued.
Both lines start at 100 on 2020-09-01. Over the full window Allstate returned +170.77% and the S&P 500 +118.28% (price returns; dividends not reinvested). Worst peak-to-trough fall for Allstate: -29.7% (2022-04-20 to 2023-07-14). Source: Nasdaq official daily history.
What the label rests on
Forward P/E is 8.62x against a peer median of 13.04x, a ratio of 0.66x — well below the fair range — with trailing P/E 5.01x and PEG not published. Latest-quarter revenue grew 11.8% year over year (PRIMARY, EDGAR), far above the group pace, so the value-trap check passes: revenue is growing strongly, not shrinking. Delivered demand check: the Property & casualty insurance group's median growth was 0.5% year over year — demand steady across the group, while Allstate grew much faster. The company’s forward P/E is 8.6× against a peer median of 13.0×. Its own history: UNVERIFIED — no sourced range available. Sector demand read: Delivered demand check: the Property & casualty insurance group's median latest-quarter revenue growth was 0.5% year over year (SEC filings) — demand steady. Latest-quarter sales growth was +11.8% versus a year earlier (SEC filings).
| Company | Price (Oct 28, 2026) | Forward P/E | Trailing P/E |
|---|---|---|---|
| Allstate (ALL) | $251.16 | 8.6× | 5.0× |
| TRV | $398.72 | 13.0× | 10.4× |
| HIG | $133.29 | 9.9× | 8.1× |
| ACGL | $102.49 | 10.5× | 8.4× |
| CINF | $181.01 | 20.1× | 10.6× |
| WRB | $72.22 | 15.1× | 15.3× |
| Peer median | 13.0× |
Multiples: stockanalysis.com (SECONDARY, S&P Global data), fetched Oct 28, 2026. Peer set chosen by sector; the median is the middle value of the set. The label and its numbers were recorded in the programme’s label registry on Oct 28, 2026 and will be scored at 6 and 12 months.
Sales, profit and cash
This company does not report a gross-profit line in its SEC facts (normal for banks, payment networks and some health insurers), so profit is shown as net income instead — gross margin is marked UNVERIFIED-absent rather than estimated.
Free cash flow = cash from operations minus spending on plant and equipment, both from the company’s SEC cash-flow statement. Gaps are quarters where that spending line is not separately tagged in the filings — shown as gaps, never estimated.
| Quarter | Sales | Gross margin | Net income | EPS (GAAP, diluted) | Free cash flow |
|---|---|---|---|---|---|
| Q/E Jun 2026 2026-06-30 | $18.6B | — | $3.3B | 12.51 | $2.6B |
| Q/E Mar 2026 2026-03-31 | $16.9B | — | $2.5B | 9.25 | $3.5B |
| Q/E Dec 2025 2025-12-31 | $17.3B | — | $3.8B | 14.37 | $2.9B |
| Q/E Sep 2025 2025-09-30 | $17.3B | — | $3.7B | 13.95 | $3.2B |
| Q/E Jun 2025 2025-06-30 | $16.6B | — | $2.1B | 7.76 | $1.9B |
| Q/E Mar 2025 2025-03-31 | $16.5B | — | $595M | 2.11 | $1.9B |
| Q/E Dec 2024 2024-12-31 | $16.5B | — | $1.9B | 7.07 | $1.7B |
| Q/E Sep 2024 2024-09-30 | $16.6B | — | $1.2B | 4.33 | $3.1B |
| Q/E Jun 2024 2024-06-30 | $15.7B | — | $331M | 1.13 | $2.3B |
| Q/E Mar 2024 2024-03-31 | $15.3B | — | $1.2B | 4.46 | $1.6B |
| Q/E Dec 2023 2023-12-31 | $14.8B | — | $1.5B | 5.52 | $1.2B |
| Q/E Sep 2023 2023-09-30 | $14.5B | — | $-5M | -0.16 | $1.2B |
The last twelve reported quarters. Full 24-quarter history sits in the data pack behind this page. A dash means the figure is not tagged as a standalone quarter in the company’s SEC facts (the usual case is the fourth quarter, which many companies only report inside the full-year filing) — it is missing, not zero.
Earnings: getting better or worse?
Each box is one quarter’s earnings per share (EPS). Green means EPS was higher than the same quarter a year earlier; red means lower; a dash means the figure is not tagged in the filings.
Basis: GAAP diluted EPS from SEC company facts, compared with the same quarter a year earlier.
Key facts
| Item | Value |
|---|---|
| Company (legal name in filings) | ALLSTATE CORP |
| Chief executive | Thomas Wilson (source: https://stockanalysis.com/stocks/all/company/) |
| Sector | Financials — Property & Casualty Insurance — sells auto, home and other personal property and casualty insurance |
| Share price (Oct 28, 2026) | $251.16 |
| Market value (market cap) | $63.6B — share price times shares outstanding of 252,857,950 (SEC filings; SEC EDGAR dei EntityCommonStockSharesOutstanding (latest)) |
| Sales, last twelve months | $70.1B |
| Net income, last twelve months | $13.3B |
| Free cash flow, last twelve months | $12.2B |
| Latest reported quarter | Q/E Jun 2026 (of 24 quarters in the data pack) |
| Six-year price return vs S&P 500 | +170.77% vs +118.28% |
| Worst peak-to-trough fall | -29.7% (2022-04-20 to 2023-07-14) |
What we could not verify
- Gross profit / gross margin: not tagged as a standalone line in this company's EDGAR company facts (common for banks, payment networks and some healthcare payers) — shown as UNVERIFIED-absent; the page charts revenue and net income instead.
- Own-history P/E range not yet compiled for this company in the Phase 1 batch run; the label rests on peer-median, growth and PEG evidence.
- PEG Ratio shown as n/a on statistics page
- Guidance record (each quarter scored against the guidance the company gave the quarter before) is not yet compiled for this company — it is a Phase 2 layer. The earnings strip below therefore uses reported EPS versus a year earlier, which is fully sourced from filings.
The IT factor — the most exciting thing the market is overlooking — is not assessed on an X-Ray page. It belongs to the Deep Dive (Phase 2), where it gets the evidence standard it needs. Leadership-era scoring (the six years split by chief executive) is likewise a Phase 2 layer; this page names the current chief executive only, from a sourced profile.
Sources
- SEC EDGAR submissions — Filing index; company legal name.
https://data.sec.gov/submissions/CIK0000899051.json - SEC EDGAR company facts — Quarterly financial spine: revenue, gross profit, net income, GAAP diluted EPS, operating cash flow, PP&E capex, buybacks, dividends, diluted shares.
https://data.sec.gov/api/xbrl/companyfacts/CIK0000899051.json - Nasdaq official daily history — Daily closes for the company; SPY (assetclass=etf) saved as raw/nasdaq_spy_raw.json over identical dates.
https://api.nasdaq.com/api/quote/ALL/historical?assetclass=stocks - Valuation multiples and peer figures — stockanalysis.com (SECONDARY, S&P Global data), fetched Oct 28, 2026; see valuation_label.md in the data pack.
Conventions: earliest-filed value per period, as first reported; cash-flow years-to-date differenced quarter by quarter; EPS never differenced; free cash flow = operating cash flow minus plant-and-equipment spending. This page is a dated snapshot — updates are new versions, never silent edits.