Manulife Financial (HKSE:00945) Price-to-Tangible-Book

: 1.82 (As of Today)

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As of today (2024-04-18), Manulife Financial's share price is HK$178.00. Manulife Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$97.75. Hence, Manulife Financial's Price to Tangible Book Ratio of today is 1.82.

The historical rank and industry rank for Manulife Financial's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00945' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.16 Med: 1.57 Max: 1.87
Current: 1.86

During the past 13 years, Manulife Financial's highest Price to Tangible Book Ratio was 1.87. The lowest was 1.16. And the median was 1.57.

HKSE:00945's Price-to-Tangible-Book is ranked worse than
66.09% of 460 companies
in the Insurance industry
Industry Median: 1.33 vs HKSE:00945: 1.86

A closely related ratio is called PB Ratio. As of today, Manulife Financial's share price is HK$178.00. Manulife Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$130.98. Hence, Manulife Financial's P/B Ratio of today is 1.36.

Manulife Financial Price-to-Tangible-Book Historical Data

The historical data trend for Manulife Financial's Price-to-Tangible-Book 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.

* Premium members only.

Manulife Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.46

1.16

1.61

1.52

1.75

Manulife Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																1.52	1.52	1.58	1.50	1.75

Competitive Comparison

For the Insurance - Life subindustry, Manulife Financial's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

For the Insurance industry and Financial Services sector, Manulife Financial's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Manulife Financial's Price-to-Tangible-Book falls into.

Manulife Financial Price-to-Tangible-Book Calculation

Manulife Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	178.00	/	97.747
	=	1.82

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Manulife Financial Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Manulife Financial's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Manulife Financial (HKSE:00945) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Manulife Financial Corp (HKSE:00945) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MNLCF.PFD:USA MFC:USA MFC:Philippines 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.

Manulife Financial (HKSE:00945) Headlines

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