Personal Group Holdings PLC (PGH) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Personal Group Holdings PLC stock £2.14, price £4.33, that is 50.5% below the price, quality 81 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range £1.20 – £4.53 · fair‑value band £1.32 – £2.68 · the £4.33 price screens above the £2.14 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
Follow Personal Group Holdings in your weekly email
Every Wednesday you see whether Personal Group Holdings is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Personal Group Holdings Plc engages in the provision of employee services and salary sacrifice technology products in the United Kingdom. It operates through Affordable Insurance, Benefits and Reward segments.
Show moreShow less
The company offers insurance products, including hospital plan, recovery plan, and death benefit policies; and consultancy services on pay and reward, as well as a suite of cloud-based SaaS solutions and surveys.
It offers Hapi, a technology platform that allows connectivity, engagement, health and wellbeing; and Sage Employee Benefits, an engagement product designed for the SME market. The company was incorporated in 1996 and is headquartered in Milton Keynes, the United Kingdom.
Stock analysis
Personal Group Holdings PLC (PGH) currently trades at £4.33, while our model-based Fair Value estimate is £2.14, 51% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of £2.14 per share, and 0 of the 6 models we run sit above the £4.33 price.
Bear case: the Economic Profit group reads lowest at £1.50, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: £1.32 (bear) to £2.68 (bull), the price of £4.33 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 81/100 (high quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Personal Group Holdings PLC reported revenue of £48.4M in FY2025 versus £74.5M in FY2021, a compound −10.2%/yr. Reported net income was £7.3M in FY2025, compounding +19.3%/yr from FY2021.
Key figures
Market cap £142M Micro · P/E ratio 17.3 · P/S ratio 2.80 · EPS (TTM) £0.2500 · Dividend yield 5.6% · Net margin 16.1% · Return on equity 23.0% · Return on assets (EBIT) 9.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 71 out of 100 (low confidence).
What moves the price
The share trades about 4% below its 52-week high and 59% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −22% fair-value upside, at −51%, PGH screens richer than that median.
Fair Value models
Bear£1.32Fair Value £2.14Bull£2.68
Price £4.33 · Downside -50.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (£0.0077 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.92/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+5.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+0.0%
Dividend (yield on the price)5.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.0.0% vs −1.0%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.12% → 17%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes more growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+3.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+10.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +0.7% a year for the price and +8.0% for the forecasts.
Compare Personal Group Holdings PLC with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Property & Casualty · 100 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Personal Group Holdings PLC Fair Value". https://www.fairvalue-calculator.com/stock/PGH
Frequently asked questions
Is Personal Group Holdings PLC (PGH) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of £2.14 versus a price of £4.33, about 51% lower (overvalued).
What is the fair value of PGH?
Our model-based fair value for Personal Group Holdings PLC is £2.14 (as of Nov 8, 2026), built from audited fundamentals. The current price: £4.33.
What is the quality score of PGH?
Personal Group Holdings PLC has a Quality Score of 81/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Personal Group Holdings PLC (PGH)?
Our model-based price target is the fair value of £2.14 (as of Nov 8, 2026) from 6 valuation models. Cautious scenario £1.32, optimistic scenario £2.68. It is a calculation from audited fundamentals, not an analyst target.
What is the Personal Group Holdings PLC stock forecast for 2026?
Our models put fair value at £2.14, about 51% lower versus a price of £4.33 (overvalued). Cautious scenario £1.32, optimistic scenario £2.68. The calculation is refreshed regularly with new filings.
What is the revenue of Personal Group Holdings PLC (PGH)?
Personal Group Holdings PLC reported trailing-twelve-month revenue of about £50.6M (latest available figure, as of Nov 8, 2026).
Does Personal Group Holdings PLC pay a dividend?
Personal Group Holdings PLC currently shows a dividend yield of 5.57% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Personal Group Holdings PLC (PGH) and when is the ex-dividend date?
Personal Group Holdings PLC pays a dividend of £0.241 per share a year, a dividend yield of 5.6%. The last ex-dividend date was Sep 24, 2026. A dividend has been paid every year since at least 2001. The payout ratio is 96.4% of earnings. Free cash flow covers the dividend 1.40 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Personal Group Holdings PLC (PGH)?
For today's price to be fair in a discounted-cash-flow model, Personal Group Holdings PLC would have to grow free cash flow by +3.0 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -7.5 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of PGH use?
Our models discount Personal Group Holdings PLC at 11.8 %: a base by market capitalisation (micro), damped by beta 0.15, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Personal Group Holdings PLC that is +3.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has Personal Group Holdings PLC (PGH) delivered so far?
Over the past 5 years revenue at Personal Group Holdings PLC grew -7.5 % a year. The price currently implies free-cash-flow growth of +3.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Personal Group Holdings PLC (PGH) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Personal Group Holdings PLC (+3.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Personal Group Holdings PLC (PGH)?
The free-cash-flow yield on the price is 7.50 %: that much free cash flow Personal Group Holdings PLC produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Personal Group Holdings PLC (PGH)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Personal Group Holdings PLC it is £2.14 per share (as of Nov 8, 2026), against a price of £4.33. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Personal Group Holdings PLC stock overvalued or undervalued in 2026?
As of Nov 8, 2026, PGH trades above its calculated fair value: price £4.33, fair value £2.14, a gap of about −51% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PGH?
No. The price is what the market pays today (£4.33); the fair value is what the company's own numbers justify (£2.14). For Personal Group Holdings PLC the two are £2.19 per share apart. That gap is exactly why we show both numbers side by side.
How much is Personal Group Holdings PLC worth?
The market values Personal Group Holdings PLC at about £142M (market capitalisation, as of Nov 8, 2026). Per share that is £4.33; our models calculate a fair value of £2.14 per share.
What do the bullish and bearish scenarios say about PGH?
Our models span a range for Personal Group Holdings PLC: cautious scenario £1.32, base £2.14, optimistic £2.68 per share (as of Nov 8, 2026, price £4.33). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PGH?
Personal Group Holdings PLC trades at a price-to-earnings ratio of 17.3 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £2.14 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 14.1. Other multiples: P/B 3.9, P/S 2.8, EV/EBITDA 13.9.
How solid is the balance sheet of Personal Group Holdings PLC (PGH)?
Balance-sheet figures for Personal Group Holdings PLC (as of Nov 8, 2026): return on equity 23.0%, debt of 0.01 per unit of equity. They feed the Quality Score of 81/100, which measures business quality independently of the share price.
How far is PGH from its 52-week high?
Personal Group Holdings PLC trades at £4.33, about 4% below its 52-week high of £4.53 and 59% above the low of £2.71 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of £2.14 is for.
Which stocks are comparable to Personal Group Holdings PLC?
From the same area (Financial Services) we also value Chubb Limited, The Progressive Corporation, The Travelers Companies, Inc, The Allstate Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Personal Group Holdings PLC stock attractive at the current price?
The data as of Nov 8, 2026: price £4.33, calculated fair value £2.14 (−51%), Quality Score 81/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PGH calculated?
We run Personal Group Holdings PLC through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of £2.14 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Personal Group Holdings PLC itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Personal Group Holdings PLC (PGH)?
The closing price on Nov 6, 2026 was £4.33. Our model-based fair value is £2.14, about 51% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Personal Group Holdings PLC right now?
A high-quality business (quality 81/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case (£2.68). The favourable scenario is already priced in. A fairly wide model range (£1.32 to £2.68) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Personal Group Holdings PLC (PGH) come from?
Earnings per share at Personal Group Holdings PLC grew −3.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share −1.4 %, EBIT margin −4.5 %, tax rate −0.1 %, residual (interest, one-offs) +2.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Personal Group Holdings PLC
How large is the market capitalisation of Personal Group Holdings PLC (PGH)?
The market capitalisation of Personal Group Holdings PLC is £142M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Personal Group Holdings PLC (PGH)?
The price-to-sales ratio of Personal Group Holdings PLC is 2.80 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Personal Group Holdings PLC (PGH)?
Earnings per share at Personal Group Holdings PLC are £0.2500 (price ÷ EPS = P/E 17.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Personal Group Holdings PLC (PGH)?
The dividend yield of Personal Group Holdings PLC is 5.6% (payout 96.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Personal Group Holdings PLC (PGH)?
The net margin of Personal Group Holdings PLC is 16.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Personal Group Holdings PLC (PGH)?
The return on equity (ROE) of Personal Group Holdings PLC is 23.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Personal Group Holdings PLC (PGH)?
On an EBIT basis the return on assets of Personal Group Holdings PLC is 9.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Personal Group Holdings PLC (PGH)?
The operating margin of Personal Group Holdings PLC is 18.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Personal Group Holdings PLC (PGH)?
Revenue at Personal Group Holdings PLC is growing +10.0% versus a year earlier (3y avg +21.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Personal Group Holdings PLC (PGH)?
Earnings per share at Personal Group Holdings PLC are growing +28.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Personal Group Holdings PLC (PGH) hold?
Personal Group Holdings PLC holds more cash than debt, £25.0M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Personal Group Holdings PLC in the live analysis
One click puts Personal Group Holdings PLC on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 8, 2026