CRBG vs. PAYP: Corebridge Financial vs. PayPay Stock Comparison
How do Corebridge Financial (CRBG) and PayPay (PAYP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Corebridge Financial (CRBG) and PayPay (PAYP) both belong to the Financial Services industry, though CRBG is classified under Diversified Financial Services while PAYP falls under Transaction & Payment Processing Services.
Corebridge Financial (CRBG) has traded publicly since September 16, 2022, giving it several years of listed trading history, while PayPay (PAYP) only listed on March 12, 2026 and has a limited public-market record.
Corebridge Financial (CRBG) trades as ordinary local shares, while PayPay (PAYP) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CRBG | PAYP |
|---|---|---|
| Name | Corebridge Financial Inc. | PayPay Corp ADR |
| Country/Region | United States | Japan |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Financial Services | Financial Services |
| GICS Sub-Industry | Diversified Financial Services | Transaction & Payment Processing Services |
| Market Capitalization | 14.95 billion USD | 10.10 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | September 16, 2022 | March 12, 2026 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRBG | PAYP |
|---|---|---|
| Total Return (1Y) | 24.54% | -- |
| Total Return (3Y, Annualized) | 28.45% | -- |
| Total Return (5Y, Annualized) | -- | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CRBG | PAYP |
|---|---|---|
| Volatility (1Y, Annualized) | 35.18% | 73.49% |
| Beta (5Y) | 1.03 | 0.24 |
| Max Drawdown (5Y) | -36.35% | -49.63% |
| Avg. Volume (3M) | 4.66M | 659.95K |
Risk-Adjusted Performance
Risk-Return Positioning
Both CRBG and PAYP need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | CRBG | PAYP |
|---|---|---|
| Sharpe Ratio (1Y) | 0.58 | -- |
| Sortino Ratio (1Y) | 0.80 | -- |
Profitability
ROE (TTM)
Both Corebridge Financial (CRBG) at 20.08% and PayPay (PAYP) at 18.80% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
CRBG
Financial Services industry group
20.08%
- Max
- 44.78%
- Q3
- 21.85%
- CRBG
- 20.08%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
PAYP
Financial Services industry group
18.80%
- Max
- 44.78%
- Q3
- 21.85%
- PAYP
- 18.80%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Both Corebridge Financial (CRBG) at 10.76% and PayPay (PAYP) at 15.85% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CRBG
Financial Services industry group
10.76%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- CRBG
- 10.76%
- Q1
- 4.82%
- Min
- -28.52%
PAYP
Financial Services industry group
15.85%
- Max
- 62.84%
- Q3
- 28.05%
- PAYP
- 15.85%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Corebridge Financial (CRBG) at 39.53% and PayPay (PAYP) at 32.79% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
CRBG
Financial Services industry group
39.53%
- Max
- 107.33%
- Q3
- 55.90%
- CRBG
- 39.53%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
PAYP
Financial Services industry group
32.79%
- Max
- 107.33%
- Q3
- 55.90%
- PAYP
- 32.79%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | CRBG | PAYP |
|---|---|---|
| ROE (TTM) | 20.08% | 18.80% |
| ROA (TTM) | 0.65% | 1.34% |
| Net Margin (TTM) | 10.76% | 15.85% |
| Operating Margin (TTM) | 39.53% | 32.79% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
PayPay (PAYP) at 25.85% is around its peer norm for revenue growth, while Corebridge Financial (CRBG) at -5.07% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
PayPay (PAYP) at 230.06% delivers above-range EPS growth, while Corebridge Financial (CRBG) at -118.28% falls into the bottom quartile — a wide split in earnings momentum.
Growth Metrics
| Metric | CRBG | PAYP |
|---|---|---|
| Revenue Growth (YoY) | -5.07% | 25.85% |
| Revenue Growth (3Y CAGR) | -11.25% | 23.06% |
| EPS Growth (YoY) | -118.28% | 230.06% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Corebridge Financial (CRBG) in Financial Services and PayPay (PAYP) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Corebridge Financial (CRBG) in Financial Services and PayPay (PAYP) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | CRBG | PAYP |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
PayPay (PAYP) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Corebridge Financial (CRBG) reports a yield of 2.89%, ranking against industry peers normally.
CRBG
Financial Services industry group
2.89%
- Max
- 9.77%
- Q3
- 3.92%
- CRBG
- 2.89%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
PAYP
Financial Services industry group
0.00%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- PAYP
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
PayPay (PAYP) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Corebridge Financial (CRBG) reports a payout of 22.20%, ranking against industry peers normally.
CRBG
Financial Services industry group
22.20%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- CRBG
- 22.20%
- Q1
- 0.00%
- Min
- 0.00%
PAYP
Financial Services industry group
0.00%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- PAYP
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRBG | PAYP |
|---|---|---|
| Dividend Yield (TTM) | 2.89% | 0.00% |
| Dividend Payout Ratio (TTM) | 22.20% | 0.00% |
Valuation
P/E Ratio (TTM)
Corebridge Financial (CRBG) at 7.64 sits in the cheaper P/E ratio quartile, while PayPay (PAYP) at 23.30 is closer to its industry’s usual earnings multiple — a discount for CRBG, though growth and earnings durability still matter.
CRBG
Financial Services industry group
7.64
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- CRBG
- 7.64
- Min
- 0.16
PAYP
Financial Services industry group
23.30
- Max
- 45.85
- Q3
- 24.64
- PAYP
- 23.30
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Both Corebridge Financial (CRBG) at 0.73 and PayPay (PAYP) at 0.02 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.
CRBG
Financial Services industry group
0.73
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- CRBG
- 0.73
- Min
- -0.55
PAYP
Financial Services industry group
0.02
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- PAYP
- 0.02
- Min
- -0.55
P/B Ratio (MRQ)
Corebridge Financial (CRBG) at 2.41 is valued about in line with its industry on P/B ratio, while PayPay (PAYP) at 3.75 carries an above-peer premium to book — PAYP is pricier on assets.
CRBG
Financial Services industry group
2.41
- Max
- 7.79
- Q3
- 3.63
- CRBG
- 2.41
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
PAYP
Financial Services industry group
3.75
- Max
- 7.79
- PAYP
- 3.75
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | CRBG | PAYP |
|---|---|---|
| P/E Ratio (TTM) | 7.64 | 23.30 |
| P/S Ratio (TTM) | 0.73 | 0.02 |
| P/B Ratio (MRQ) | 2.41 | 3.75 |
| Free Cash Flow Yield (TTM) | -- | -- |