Sun Lif Non Preferred Stock Fundamentals
| SLF-PH Preferred Stock | CAD 18.84 0.15 0.80% |
Sun Lif Non fundamentals help investors to digest information that contributes to Sun Lif's financial success or failures. It also enables traders to predict the movement of Sun Preferred Stock. The fundamental analysis module provides a way to measure Sun Lif's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sun Lif preferred stock.
Sun |
Sun Lif Non Company Price To Earning Analysis
Sun Lif's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Sun Lif Price To Earning | 3.96 X |
Most of Sun Lif's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sun Lif Non is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Sun Lif Non has a Price To Earning of 3.96 times. This is 78.34% lower than that of the Financial Services sector and significantly higher than that of the Insurance—Diversified industry. The price to earning for all Canada preferred stocks is 86.21% higher than that of the company.
Sun Lif Non Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sun Lif's current stock value. Our valuation model uses many indicators to compare Sun Lif value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sun Lif competition to find correlations between indicators driving Sun Lif's intrinsic value. More Info.Sun Lif Non is currently regarded as top stock in price to earning category among its peers. It also is currently regarded as top stock in price to sales category among its peers fabricating about 0.32 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Sun Lif Non is roughly 3.10 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sun Lif by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sun Lif's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Sun Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sun Lif's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Sun Lif could also be used in its relative valuation, which is a method of valuing Sun Lif by comparing valuation metrics of similar companies.Sun Lif is currently under evaluation in price to earning category among its peers.
Sun Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0082 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | (74.21 B) | ||||
| Shares Outstanding | 603.27 M | ||||
| Shares Owned By Institutions | 37.97 % | ||||
| Number Of Shares Shorted | 55.84 K | ||||
| Price To Earning | 3.96 X | ||||
| Price To Sales | 1.28 X | ||||
| Revenue | 23.21 B | ||||
| Gross Profit | 14.48 B | ||||
| EBITDA | 4.86 B | ||||
| Net Income | 3.25 B | ||||
| Cash And Equivalents | 96.56 B | ||||
| Cash Per Share | 165.13 X | ||||
| Total Debt | 10.1 B | ||||
| Debt To Equity | 0.20 % | ||||
| Book Value Per Share | 46.13 X | ||||
| Cash Flow From Operations | 4.31 B | ||||
| Short Ratio | 69.20 X | ||||
| Earnings Per Share | 6.55 X | ||||
| Number Of Employees | 29.17 K | ||||
| Beta | 0.97 | ||||
| Market Capitalization | 31.44 B | ||||
| Total Asset | 330.91 B | ||||
| Z Score | 1.8 | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 4.53 % | ||||
| Net Asset | 330.91 B | ||||
| Last Dividend Paid | 2.76 |
About Sun Lif Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sun Lif Non's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sun Lif using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sun Lif Non based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients in the United States, the United Kingdom, Canada, and internationally. The company was founded in 1871 and is headquartered in Toronto, Canada. SUN LIFE operates under InsuranceDiversified classification in Canada and is traded on Toronto Stock Exchange. It employs 22719 people.
Pair Trading with Sun Lif
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sun Lif position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sun Lif will appreciate offsetting losses from the drop in the long position's value.Moving together with Sun Preferred Stock
Moving against Sun Preferred Stock
| 0.86 | IAG | iA Financial | PairCorr |
| 0.85 | ESI | Ensign Energy Services | PairCorr |
| 0.85 | EIT-UN | Canoe EIT Income | PairCorr |
| 0.82 | CWB | Canadian Western Bank | PairCorr |
| 0.81 | SLF | Sun Life Financial | PairCorr |
The ability to find closely correlated positions to Sun Lif could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sun Lif when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sun Lif - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sun Lif Non to buy it.
The correlation of Sun Lif is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sun Lif moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sun Lif Non moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sun Lif can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Sun Preferred Stock
Sun Lif financial ratios help investors to determine whether Sun Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sun with respect to the benefits of owning Sun Lif security.