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CI Financial (TSX:CIX) PB Ratio : 10.83 (As of Apr. 08, 2025)


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What is CI Financial PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-04-08), CI Financial's share price is C$30.92. CI Financial's Book Value per Share for the quarter that ended in Dec. 2024 was C$2.86. Hence, CI Financial's PB Ratio of today is 10.83.

Warning Sign:

CI Financial Corp stock PB Ratio (=10.82) is close to 10-year high of 10.99.

The historical rank and industry rank for CI Financial's PB Ratio or its related term are showing as below:

TSX:CIX' s PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 3.2   Max: 10.99
Current: 10.82

During the past 13 years, CI Financial's highest PB Ratio was 10.99. The lowest was 1.37. And the median was 3.20.

TSX:CIX's PB Ratio is ranked worse than
98.36% of 1644 companies
in the Asset Management industry
Industry Median: 0.84 vs TSX:CIX: 10.82

During the past 12 months, CI Financial's average Book Value Per Share Growth Rate was -57.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -29.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -12.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CI Financial was 149.20% per year. The lowest was -29.20% per year. And the median was 3.90% per year.

Back to Basics: PB Ratio


CI Financial PB Ratio Historical Data

The historical data trend for CI Financial's PB 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.

* Premium members only.

CI Financial PB Ratio Chart

CI Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 3.29 1.55 2.22 10.84

CI Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.22 3.04 2.24 3.28 10.84

Competitive Comparison of CI Financial's PB Ratio

For the Asset Management subindustry, CI Financial's PB Ratio, along with its competitors' market caps and PB 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.


CI Financial's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CI Financial's PB Ratio distribution charts can be found below:

* The bar in red indicates where CI Financial's PB Ratio falls into.


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CI Financial PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

CI Financial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=30.92/2.855
=10.83

* 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.

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

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


CI Financial  (TSX:CIX) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


CI Financial PB Ratio Related Terms

Thank you for viewing the detailed overview of CI Financial's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CI Financial Business Description

Traded in Other Exchanges
Address
15 York Street, 2nd Floor, Legal Department, Toronto, ON, CAN, M5J 0A3
CI Financial is a provider of asset- and wealth-management products and services. The company has a decent share in the Canadian fund market (fifth behind Royal Bank of Canada, Toronto-Dominion, IGM Financial, and Fidelity at the end of last year) and remains the second-largest non-bank-affiliated asset manager in the Canadian market, with CAD 135.4 billion in assets under management (including CAD 36.0 billion in AUM managed for its CI Assante Wealth Management, CI Private Counsel, and Aligned Capital Partners subsidiaries) at the end of September. The firm also had CAD 350.7 billion in assets under advisement (including CAD 250.6 billion from its US wealth-management operations and CAD 100.1 billion from its Canadian wealth-management partners) and CAD 31.9 billion in custody assets.
Executives
William Thomas Holland Director
Yvette Zhang Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Hoi Sha Elsa Li Director or Senior Officer of 10% Security Holder
Jennifer Francine Sinopoli Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Manisha Burman Senior Officer
Brigette Elizabeth Chang Director
Darie Urbanky Senior Officer
Amarjit Kaur Anderson Senior Officer
Julie Lynn Silcox Senior Officer
Amit Muni Senior Officer
Kurt Macalpine Director, Senior Officer
Marc-andre Lewis Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Edward Douglas Kelterborn Senior Officer
Sean Andrew Etherington Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Christopher James Enright Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)