Manulife Financial (Manulife Financial) Forward PE Ratio : 8.72 (As of Apr. 28, 2024)

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What is Manulife Financial Forward PE Ratio?

Manulife Financial's Forward PE Ratio for today is 8.72.

Manulife Financial's PE Ratio without NRI for today is 9.46.

Manulife Financial's PE Ratio for today is 12.33.

Manulife Financial Forward PE Ratio Historical Data

The historical data trend for Manulife Financial's Forward PE Ratio 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.

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Manulife Financial Forward PE Ratio Chart

Manulife Financial Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

10.11

11.17

10.24

6.57

8.43

7.27

6.90

9.59

8.01

8.74

Manulife Financial Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	10.11	8.72	9.33	9.09	11.17	10.95	10.99	10.30	10.24	9.23	9.22	8.18	6.57	7.91	8.10	7.73	8.43	5.25	7.40	5.95	7.27	8.47	7.67	6.97	6.90	7.52	6.78	6.66	9.59	7.70	7.81	6.95	8.01	9.20

Competitive Comparison of Manulife Financial's Forward PE Ratio

For the Insurance - Life subindustry, Manulife Financial's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Forward PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Manulife Financial's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Manulife Financial's Forward PE Ratio falls into.

Manulife Financial Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Manulife Financial (NYSE:MFC) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Manulife Financial Forward PE Ratio Related Terms

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Manulife Financial (Manulife Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Manulife Financial Corp (NYSE:MFC) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

MNLCF.PFD:USA MFC:Philippines 00945:Hong Kong MLU:Germany MFC.PR.Q.PFD:Canada MFC.PR.P.PFD:Canada MFC.PR.N.PFD:Canada MFC.PR.M.PFD:Canada MFC.PR.L.PFD:Canada MFC.PR.K.PFD:Canada MFC.PR.J.PFD:Canada MFC.PR.I.PFD:Canada MFC.PR.F.PFD:Canada MFC.PR.C.PFD:Canada MFC.PR.B.PFD:Canada MFC:Canada

Address

200 Bloor Street East, Toronto, ON, CAN, M4W 1E5

Website

https://www.manulife.com

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 1.35 trillion in assets under management and administration as of June 30, 2023. The U.S. business, which primarily operates under the John Hancock brand, contributes about 30% 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 20% of earnings.