Shares of PFG traded higher by 2.95% or $0.81/share to $28.23. Principal Financial Group Inc. is trading at a price to book ratio of 0.86. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.78 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.97. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2310810 shares of PFG exchange hands on a given day and today's volume is recorded at 1055963. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Principal Financial Group, Inc. (PFG) is a provider of retirement savings, investment and insurance products and services.
