Manulife Financial (TSX:MFC.PR.J.PFD) PB Ratio

: (As of Today)

View and export this data going back to 2012. Start your Free Trial

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 (2024-04-18), Manulife Financial's share price is C$22.43. Manulife Financial's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.00. Hence, Manulife Financial's PB Ratio of today is .

Warning Sign:

Manulife Financial Corp stock PB Ratio (=1.4) is close to 10-year high of 1.5

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

TSX:MFC.PR.J.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1.16 Max: 1.62
Current: 1.4

During the past 13 years, Manulife Financial's highest PB Ratio was 1.62. The lowest was 0.59. And the median was 1.16.

TSX:MFC.PR.J.PFD's PB Ratio is ranked worse than
57.61% of 486 companies
in the Insurance industry
Industry Median: 1.195 vs TSX:MFC.PR.J.PFD: 1.40

During the past 12 months, Manulife Financial's average Book Value Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Manulife Financial was 18.50% per year. The lowest was -8.60% per year. And the median was 4.80% per year.

Back to Basics: PB Ratio

Manulife Financial PB Ratio Historical Data

The historical data trend for Manulife 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.

Manulife Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Manulife Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																-	-	-	-	-

Competitive Comparison

For the Insurance - Life subindustry, Manulife 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.

Manulife Financial PB Ratio Distribution

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

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

Manulife 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	22.43	/
	=

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Manulife Financial (TSX:MFC.PR.J.PFD) 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.

Manulife Financial PB Ratio Related Terms

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

Manulife Financial (TSX:MFC.PR.J.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Manulife Financial Corp (TSX:MFC.PR.J.PFD) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

MNLCF.PFD:USA MFC: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.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 (TSX:MFC.PR.J.PFD) Headlines

No Headlines