Sun Life Financial (TSX:SLF.PR.I.PFD) Price-to-Tangible-Book : (As of Apr. 24, 2024)

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Sun Life Financial Price-to-Tangible-Book Definition

As of today (2024-04-24), Sun Life Financial's share price is C$24.99. Sun Life Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.00. Hence, Sun Life Financial's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Sun Life Financial's highest Price to Tangible Book Ratio was 5.75. The lowest was 1.90. And the median was 2.46.

TSX:SLF.PR.I.PFD's Price-to-Tangible-Book is not ranked ^*
in the Insurance industry.
Industry Median: 1.34
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Sun Life Financial's share price is C$24.99. Sun Life Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.00. Hence, Sun Life Financial's P/B Ratio of today is .

Sun Life Financial Price-to-Tangible-Book Historical Data

The historical data trend for Sun Life 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.

Sun Life Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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Sun Life 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	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison

For the Insurance - Diversified subindustry, Sun Life 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.

Sun Life Financial Price-to-Tangible-Book Distribution

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

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

Sun Life Financial Price-to-Tangible-Book Calculation

Sun Life 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 )
	=	24.99	/
	=

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.

Sun Life Financial Price-to-Tangible-Book Related Terms

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

Sun Life Financial (TSX:SLF.PR.I.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sun Life Financial Inc (TSX:SLF.PR.I.PFD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SUNFF.PFD:USA SLF:USA SLF:Philippines LIE:Germany SLF.PR.K.PFD:Canada SLF.PR.J.PFD:Canada SLF.PR.H.PFD:Canada SLF.PR.G.PFD:Canada SLF.PR.E.PFD:Canada SLF.PR.D.PFD:Canada SLF.PR.C.PFD:Canada SLF:Canada

Address

1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6

Website

https://www.sunlife.com

Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.

Sun Life Financial (TSX:SLF.PR.I.PFD) Headlines

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