Sun Life Financial Preferred Stock Fundamentals
| SLF-PJ Preferred Stock | CAD 16.19 0.13 0.80% |
Sun Life Financial fundamentals help investors to digest information that contributes to Sun Life'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 Life'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 Life preferred stock.
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Sun Life Financial Company Price To Earning Analysis
Sun Life'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 Life Price To Earning | 2.58 X |
Most of Sun Life'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 Life Financial 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 Life Financial has a Price To Earning of 2.58 times. This is 85.89% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The price to earning for all Canada preferred stocks is 91.02% higher than that of the company.
Sun Life Financial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sun Life's current stock value. Our valuation model uses many indicators to compare Sun Life value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sun Life competition to find correlations between indicators driving Sun Life's intrinsic value. More Info.Sun Life Financial 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 0.46 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Sun Life Financial is roughly 2.17 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sun Life by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sun Life'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.Did you try this?
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Sun Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0081 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | (63.93 B) | ||||
| Shares Outstanding | 603.27 M | ||||
| Shares Owned By Institutions | 12.77 % | ||||
| Number Of Shares Shorted | 2.14 K | ||||
| Price To Earning | 2.58 X | ||||
| Price To Sales | 1.19 X | ||||
| Revenue | 32.66 B | ||||
| Gross Profit | 14.48 B | ||||
| EBITDA | 4.81 B | ||||
| Net Income | 3.17 B | ||||
| Cash And Equivalents | 96.56 B | ||||
| Cash Per Share | 165.13 X | ||||
| Total Debt | 2.33 B | ||||
| Debt To Equity | 0.20 % | ||||
| Book Value Per Share | 38.68 X | ||||
| Cash Flow From Operations | 5.61 B | ||||
| Short Ratio | 1.31 X | ||||
| Earnings Per Share | 6.55 X | ||||
| Number Of Employees | 30.94 K | ||||
| Beta | 0.94 | ||||
| Market Capitalization | 38.03 B | ||||
| Total Asset | 333.24 B | ||||
| Retained Earnings | 12.16 B | ||||
| Annual Yield | 0.1 % | ||||
| Five Year Return | 4.21 % | ||||
| Net Asset | 333.24 B | ||||
| Last Dividend Paid | 3.12 |
About Sun Life Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sun Life Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sun Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sun Life Financial 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 Life
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 Life 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 Life will appreciate offsetting losses from the drop in the long position's value.Moving together with Sun Preferred Stock
Moving against Sun Preferred Stock
The ability to find closely correlated positions to Sun Life 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 Life 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 Life - 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 Life Financial to buy it.
The correlation of Sun Life 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 Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sun Life Financial 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 Life 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 Life 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 Life security.