Sun Price Earnings Ratio from 2010 to 2024

SLF Stock  USD 61.18  0.19  0.31%   
Sun Life's Price Earnings Ratio is decreasing over the last several years with stable swings. Price Earnings Ratio is estimated to finish at 18.44 this year. During the period from 2010 to 2024 Sun Life Financial Price Earnings Ratio regressed destribution of quarterly values had mean deviationof  13.47 and mean square error of  1,003. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
12.72351343
Current Value
18.44
Quarterly Volatility
30.72203255
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sun Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sun Life's main balance sheet or income statement drivers, such as Depreciation And Amortization of 627.9 M, Interest Expense of 315.1 M or Total Revenue of 25.2 B, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0275 or PTB Ratio of 1.06. Sun financial statements analysis is a perfect complement when working with Sun Life Valuation or Volatility modules.
  
Check out the analysis of Sun Life Correlation against competitors.

Latest Sun Life's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Sun Life Financial over the last few years. It is Sun Life's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sun Life's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Pretty Stable
   Price Earnings Ratio   
       Timeline  

Sun Price Earnings Ratio Regression Statistics

Arithmetic Mean14.19
Coefficient Of Variation216.49
Mean Deviation13.47
Median11.91
Standard Deviation30.72
Sample Variance943.84
Range160
R-Value(0.11)
Mean Square Error1,003
R-Squared0.01
Significance0.68
Slope(0.79)
Total Sum of Squares13,214

Sun Price Earnings Ratio History

2024 18.44
2023 12.72
2022 12.18
2021 9.44
2019 11.91
2018 9.42
2017 12.79

About Sun Life Financial Statements

Sun Life stakeholders use historical fundamental indicators, such as Sun Life's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Sun Life investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sun Life's assets and liabilities are reflected in the revenues and expenses on Sun Life's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sun Life Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 12.72  18.44 

Currently Active Assets on Macroaxis

When determining whether Sun Life Financial is a strong investment it is important to analyze Sun Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sun Life's future performance. For an informed investment choice regarding Sun Stock, refer to the following important reports:
Check out the analysis of Sun Life Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sun Life. If investors know Sun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sun Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.567
Dividend Share
3.18
Earnings Share
4.37
Revenue Per Share
55.991
Quarterly Revenue Growth
0.077
The market value of Sun Life Financial is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Life's value that differs from its market value or its book value, called intrinsic value, which is Sun Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sun Life's market value can be influenced by many factors that don't directly affect Sun Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sun Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.