Shares of SLF traded higher by 1.04% or $0.28/share to $27.24. Sun Life Financial Inc. is trading at a price to book ratio of 1.06. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.0 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.66. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 427952 shares of SLF exchange hands on a given day and today's volume is recorded at 210589. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Sun Life Financial Inc. (Sun Life Financial) is an international financial services organization, offering a diverse range of life and health insurance, savings, investment management, retirement, and pension products and services to both individual and corporate customers.
