Sun Life FinancialPHS:SLF -1.01%76 Equity-to-Asset is 0.07 as of Mar. 2026, which is 13% below its 10-year median of 0.08. GuruFocus rates PHS:SLF with a GF Score™ of 76/100 and a GF Value™ of ₱3,644.28 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 507 Insurance companies, Sun Life Financial ranks worse than 83.63% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sun Life Financial's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₱1,153,431 Mil. Sun Life Financial's Total Assets for the quarter that ended in Mar. 2026 was ₱17,838,986 Mil.
Therefore, Sun Life Financial's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.07.
The historical rank and industry rank for Sun Life Financial's Equity-to-Asset or its related term are showing as below:
PHS:SLF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06 Med: 0.08 Max: 0.09
Current: 0.07
During the past 13 years, the highest Equity to Asset Ratio of Sun Life Financial was 0.09. The lowest was 0.06. And the median was 0.08.
PHS:SLF's Equity-to-Asset is ranked worse than 83.63% of 507
companies
in the Insurance industry
Industry Median: 0.26
vs PHS:SLF: 0.07
Sun Life Financial (PHS:SLF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Sun Life Financial Equity-to-Asset Related Terms
Sun Life Financial Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Sun Life Financial's Equity-to-Asset 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.
PHS:SLF vs BRK.A, AIG, HIG: Equity-to-Asset Comparison
For the Insurance - Diversified subindustry, Sun Life Financial's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Sun Life Financial Equity-to-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Sun Life Financial's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sun Life Financial's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Sun Life Financial's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Sun Life Financial (PHS:SLF) has a Equity-to-Asset of 0.07 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sun Life Financial and its competitors. This is 13% below median its historical median of 0.08. Over the past decade, Sun Life Financial's Equity-to-Asset has ranged from 0.06 to 0.09. According to the industry distribution chart, Sun Life Financial ranks #424 out of 507 companies in the Insurance industry, placing it in the top 83.6%.
Is Sun Life Financial's Equity-to-Asset too high?
Sun Life Financial's current Equity-to-Asset of 0.07 is 13% below median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.09. The Insurance industry median Equity-to-Asset is 0.26. Sun Life Financial's value of 0.07 is 73.1% below this industry median. Based on the distribution chart, Sun Life Financial ranks #424 out of 507 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Sun Life Financial has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Life Financial's Equity-to-Asset compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Sun Life Financial ranks #424 out of 507 companies for Equity-to-Asset. This places Sun Life Financial in the lower half of its industry. The industry median Equity-to-Asset is 0.26. Sun Life Financial's value of 0.07 is 73.1% below this benchmark. Historically, Sun Life Financial's own Equity-to-Asset has ranged from 0.06 to 0.09 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.26, Sun Life Financial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Insurance company?
The median Equity-to-Asset among Insurance companies is 0.26, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sun Life Financial's current Equity-to-Asset of 0.07 is 73.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sun Life Financial and its competitors. For the Insurance industry, the median Equity-to-Asset is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Life Financial's current Equity-to-Asset is 0.07, which is 13% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Life Financial stock overvalued right now?
Based on GuruFocus' analysis, Sun Life Financial (PHS:SLF) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱3,644.28, compared to a current price of ₱4,702.00 — trading 29% above its estimated fair value. The current Equity-to-Asset is 0.07, which is 13% below median its 10-year median of 0.08 and 73.1% below the Insurance industry median of 0.26. Sun Life Financial's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Sun Life Financial (PHS:SLF), the current Equity-to-Asset is 0.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sun Life Financial (PHS:SLF) Overvalued in 2026?
Based on GuruFocus' analysis, Sun Life Financial stock appears to be overvalued.
The current stock price of ₱4,702.00 is trading 29% above its estimated GF Value™ of ₱3,644.28.
GuruFocus considers Sun Life Financial to be Modestly Overvalued.
Key valuation signals for PHS:SLF:
Equity-to-Asset: 0.07 (13% below median its 10-year median of 0.08)
GF Value™: ₱3,644.28 vs. price of ₱4,702.00 (29% above fair value)
Industry Position: 73.1% below the Insurance median (#424 of 507)
No single metric tells the full story. See the PHS:SLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun Life Financial is one of the Big Three Canadian life insurers. The Canadian business contributed around 35% of its 2025 adjusted earnings. In that segment, the firm provides health, life insurance, and annuity products to individual and group customers. Its US business is mostly group health and contributed about 17% of the firm's adjusted earnings in 2025. Sun Life also offers life insurance and wealth products in several Asian markets with a strong presence in Hong Kong and the Philippines. The Asia segment contributed around 18% of adjusted 2024 earnings. Its asset management business had around CAD 1.2 trillion total assets under management or administration at the end of 2025 and represents around 30% of the firm's earnings.
76GF Score
Get the complete analysis for PHS:SLF
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:SLF has been successfully added to your 
