Should You Buy, Sell or Hold Allstate Stock at a 10.23X P/E?

The Allstate Corporation (ALL) currently trades at a discount compared to the industry average. The stock is currently trading at 10.23X, forward 12-month price to earnings, which compares to 27.94X for the industry, indicating undervaluation. The company has a Value Score of B.Image Source: Zacks Investment ResearchIn the past year, shares of ALL have rallied 39.8% compared with the industry’s 27.6% growth. The company’s price performance also outperformed its peers, such as Aflac Incorporated (AFL) , Aon ...