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Manulife Financial Corp
TSX:MFC

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Manulife Financial Corp
TSX:MFC
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Price: 52.92 CAD -0.09% Market Closed
Market Cap: CA$88.5B

P/S

2.3
Current
20%
More Expensive
vs 3-y average of 1.9

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.3
=
Market Cap
CA$80.9B
/
Revenue
CA$38.7B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.3
=
Market Cap
CA$80.9B
/
Revenue
CA$38.7B

Valuation Scenarios

Manulife Financial Corp is trading above its 3-year average

If P/S returns to its 3-Year Average (1.9), the stock would be worth CA$43.97 (17% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-34%
Maximum Upside
+27%
Average Downside
13%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 2.3 CA$52.92
0%
3-Year Average 1.9 CA$43.97
-17%
5-Year Average 1.7 CA$38.36
-28%
Industry Average 1.5 CA$34.76
-34%
Country Average 2.9 CA$67.33
+27%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
CA$80.9B
/
Jan 2026
CA$38.7B
=
2.3
Current
CA$80.9B
/
Dec 2026
CA$43.6B
=
1.9
Forward
CA$80.9B
/
Dec 2027
CA$46.3B
=
1.7
Forward
CA$80.9B
/
Dec 2028
CA$49.8B
=
1.6
Forward
CA$80.9B
/
Dec 2029
CA$66B
=
1.2
Forward
CA$80.9B
/
Dec 2030
CA$69.3B
=
1.2
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close

Market Distribution

In line with most companies in Canada
Percentile
43nd
Based on 2 477 companies
43nd percentile
2.3
Low
0 — 1.4
Typical Range
1.4 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.4
Median 2.9
70th Percentile 4.9
Max 15 623 917.6

Other Multiples

Manulife Financial Corp
Glance View

In the bustling world of international finance, Manulife Financial Corporation stands as a significant player, navigating the complexities of the global insurance industry with precision. Originating in 1887 in Canada, Manulife has expanded its presence across North America, Asia, and Europe, offering a diverse suite of financial products including insurance, wealth and asset management services. The company generates its revenue primarily through the premiums it collects from policyholders, along with investment income from managing these funds. By leveraging its extensive experience and adapting to evolving market conditions, Manulife effectively balances risk while aiming to deliver sustainable returns to its stakeholders. Much like a well-oiled machine, Manulife's operations hinge on a finely-tuned balance between risk management and investment execution. Its life insurance products provide financial protection to individuals and families, a cornerstone of the company’s business model. Additionally, its wealth and asset management arm capitalizes on managing portfolios for institutional and retail clients, generating fees tied to the performance of these investments. Through strategic diversification and international expansion, Manulife taps into emerging markets, which are pivotal for long-term growth. This positions the company not only as a protector of wealth but also as a creator of value, capable of weathering economic cycles and continuously seeking innovation within its services.

MFC Intrinsic Value
85.2 CAD
Undervaluation 38%
Intrinsic Value
Price CA$52.92
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