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Sun Life FinancialPHS:SLF +1.04%51 Price-to-Tangible-Book is 6.51 as of Aug. 13, 2026, which is 153% above its 10-year median of 2.57. GuruFocus rates PHS:SLF with a GF Score™ of 51/100. The stock has 6 warning signs investors should review. Among 475 Insurance companies, Sun Life Financial ranks worse than 93.68% on this metric.
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
Sun Life Financial Price-to-Tangible-Book Historical Data
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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.
PHS:SLF vs BRK.A, AIG, HIG: Price-to-Tangible-Book 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 vs Insurance Industry
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.
* 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 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.
Sun Life Financial (PHS:SLF) has a Price-to-Tangible-Book of 6.51 as of Aug. 13, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Sun Life Financial and its competitors. This is 153% above median its historical median of 2.57. Over the past decade, Sun Life Financial's Price-to-Tangible-Book has ranged from 1.79 to 6.64. According to the industry distribution chart, Sun Life Financial ranks #445 out of 475 companies in the Insurance industry, placing it in the top 93.7%.
Is Sun Life Financial's Price-to-Tangible-Book too high?
Sun Life Financial's current Price-to-Tangible-Book of 6.51 is 153% above median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 6.64. The Insurance industry median Price-to-Tangible-Book is 1.50. Sun Life Financial's value of 6.51 is 334% above this industry median. Based on the distribution chart, Sun Life Financial ranks #445 out of 475 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Sun Life Financial has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Sun Life Financial's Price-to-Tangible-Book compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Sun Life Financial ranks #445 out of 475 companies for Price-to-Tangible-Book. This places Sun Life Financial in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.50. Sun Life Financial's value of 6.51 is 334% above this benchmark. Historically, Sun Life Financial's own Price-to-Tangible-Book has ranged from 1.79 to 6.64 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 1.50, Sun Life Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Insurance company?
The median Price-to-Tangible-Book among Insurance companies is 1.50, based on 475 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sun Life Financial's current Price-to-Tangible-Book of 6.51 is 334% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Sun Life Financial and its competitors. For the Insurance industry, the median Price-to-Tangible-Book is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Life Financial's current Price-to-Tangible-Book is 6.51, which is 153% above median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Life Financial stock overvalued right now?
Sun Life Financial (PHS:SLF) has a current Price-to-Tangible-Book of 6.51. The current Price-to-Tangible-Book is 6.51, which is 153% above median its 10-year median of 2.57 and 334% above the Insurance industry median of 1.50. Sun Life Financial's overall GF Score™ is 51/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Sun Life Financial (PHS:SLF), the current Price-to-Tangible-Book is 6.51 as of Aug. 13, 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.
Sun Life Financial is one of the Big Three Canadian life insurers. The Canadian business contributed around 35% of its 2025 adjusted earnings. In that segment, the firm provides health, life insurance, and annuity products to individual and group customers. Its US business is mostly group health and contributed about 17% of the firm's adjusted earnings in 2025. Sun Life also offers life insurance and wealth products in several Asian markets with a strong presence in Hong Kong and the Philippines. The Asia segment contributed around 18% of adjusted 2024 earnings. Its asset management business had around CAD 1.2 trillion total assets under management or administration at the end of 2025 and represents around 30% of the firm's earnings.
51GF Score
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