Manulife Financial's book value per share for the quarter that ended in Sep. 2024 was C$0.00.
During the past 12 months, Manulife Financial's average Book Value Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Manulife Financial was 18.50% per year. The lowest was -8.60% per year. And the median was 4.80% per year.
During the past 13 years, the highest P/B Ratio of Manulife Financial was 1.87. The lowest was 0.59. And the median was 1.13.
Warning Sign:
Manulife Financial Corp stock PB Ratio (=1.79) is close to 10-year high of 1.87
Manulife Financial Book Value per Share Historical Data
The historical data trend for Manulife Financial's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Manulife Financial's Book Value per Share
For the Insurance - Life subindustry, Manulife Financial's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Manulife Financial's PB Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Manulife Financial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Manulife Financial's PB Ratio falls into.
Manulife Financial Book Value per Share Calculation
Manulife Financial's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Manulife Financial (TSX:MFC.PR.B.PFD) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Manulife Financial Book Value per Share Related Terms
Thank you for viewing the detailed overview of Manulife Financial's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 23% of earnings.
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