Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Manulife Financial's share price for the quarter that ended in Mar. 2026 was $34.44. Manulife Financial's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 1,672 Mil. Therefore, Manulife Financial's market cap for the quarter that ended in Mar. 2026 was $57,584 Mil.
Manulife Financial's quarterly market cap
increased
from Sep. 2025 ($52,633 Mil) to Dec. 2025 ($60,848 Mil) but then
declined
from Dec. 2025 ($60,848 Mil) to Mar. 2026 ($57,584 Mil).
Manulife Financial's annual market cap
increased
from Dec. 2023 ($39,913 Mil) to Dec. 2024 ($53,089 Mil) and
increased
from Dec. 2024 ($53,089 Mil) to Dec. 2025 ($60,848 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Manulife Financial's Enterprise Value for Today is $63,957 Mil.
Manulife Financial (NYSE:MFC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Manulife Financial Market Cap Related Terms
Manulife Financial Market Cap Historical Data
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The historical data trend for Manulife Financial's Market Cap 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.
For the Insurance - Life subindustry, Manulife Financial's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Insurance Industry
For the Insurance industry and Financial Services sector, Manulife Financial's Market Cap distribution charts can be found below:
* The bar in red indicates where Manulife Financial's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Manulife Financial's Market Cap 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.
Manulife Financial (MFC) has a Market Cap of $66,523 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Manulife Financial and its competitors. According to the industry distribution chart, Manulife Financial ranks #15 out of 521 companies in the Insurance industry, placing it in the top 2.9%.
Is Manulife Financial's Market Cap too high?
Manulife Financial's current Market Cap is $66,523 Mil. The Insurance industry median Market Cap is 681.53. Manulife Financial's value of $66,523 Mil is 9660.9% above this industry median. Based on the distribution chart, Manulife Financial ranks #15 out of 521 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Manulife Financial has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manulife Financial's Market Cap compare to AFL and MET?
According to the Insurance industry distribution chart, Manulife Financial ranks #15 out of 521 companies for Market Cap. This places Manulife Financial in the top 3% of its industry — outperforming the majority of peers. The industry median Market Cap is 681.53. Manulife Financial's value of $66,523 Mil is 9660.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Insurance company?
The median Market Cap among Insurance companies is 681.53, based on 521 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manulife Financial's current Market Cap of $66,523 Mil is 9660.9% above 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Manulife Financial and its competitors. For the Insurance industry, the median Market Cap is 681.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife Financial's current Market Cap is $66,523 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife Financial stock overvalued right now?
Based on GuruFocus' analysis, Manulife Financial (MFC) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.25, compared to a current price of $39.70 — trading 27% above its estimated fair value. The current Market Cap is $66,523 Mil and 9660.9% above the Insurance industry median of 681.53. Manulife Financial's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Manulife Financial (MFC), the current Market Cap is $66,523 Mil as of Jun. 24, 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 Manulife Financial (MFC) Overvalued in 2026?
Based on GuruFocus' analysis, Manulife Financial stock appears to be overvalued.
The current stock price of $39.70 is trading 27% above its estimated GF Value™ of $31.25.
GuruFocus considers Manulife Financial to be Modestly Overvalued.
Key valuation signals for MFC:
Market Cap: $66,523 Mil
GF Value™: $31.25 vs. price of $39.70 (27% above fair value)
Industry Position: 9660.9% above the Insurance median (#15 of 521)
No single metric tells the full story. See the MFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manulife Financial is one of the Big Three Canadian life insurers. The firm provides life insurance, annuities, asset management, and wealth management products to individuals and group customers in Canada, the United States, and Asia. The Canadian business segment contributes approximately 21% of 2025 adjusted earnings. The Asia segment operates across 12 countries and contributes around 38% of earnings, with a significant presence in Hong Kong and Singapore. The US business, which primarily operates under the John Hancock brand, contributes about 16% of earnings. Manulife's global asset and wealth management business contributes approximately 25% of its earnings and had around CAD 1.1 trillion in assets under management and administration as of the end of 2025.
67GF Score
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