Post by
bossu on Feb 09, 2022 6:13pm
About the results
MFC earn $ 7,1 B
Nnumber of shares 1 942 706 408
On a earning/share basis $ 3,65 /share
On a share price /earning $ 26,90 / $ 3,65 ratio PE: 7,36
Royal Bank earning /sh $11,21
Share price $ 146,00 Ratio PE 13,02
Just to s how how undervalued is MFC
Of course it would be better to compare with Sun Life or another Insurance but make your own exercises.
Comment by
bossu on Feb 10, 2022 9:13am
Just make the PE calculation with Sun File Profit $3,934 B Number of shares 586 000 000 Ptofit /share $ 6,71 Share price $ 73,81 PE ratio $ 73 ,81/ $ 6,71 =11,0 MFC look to me undervalued an much room to appreciate Summary MFC 7,36 SLF 11.0 RY 13,02
Comment by
ronaldco on Feb 10, 2022 9:46am
I think people are now realizing and switching out of Sunlife for Manulife.
Comment by
bossu on Feb 10, 2022 10:30am
Ronaldo, Just read the post below .Quoite obvious that Manulife still have much room to improve And avove all Yield on manulife is 4,34 % Yiel on sun life 2,98 % Period
Comment by
ronaldco on Feb 10, 2022 11:51am
Actually, the yield on MFC is 4.7% and the yield on Slf is 3.7% as both announced dividend increase the last quarter. MFC yearly dividend is 1.32 and Slf is 2.64. bossu wrote Ronaldo, Just read the post below .Quoite obvious that Manulife still have much room to improve And avove all Yield on manulife is 4,34 % Yiel on sun life 2,98 % Period