Shares of IAG traded higher by 1.10% or $0.38/share to $35.00. Industrial Alliance Insurance and Financial Services Inc. is trading at a price to book ratio of 1.32. The PEG is 1.21. The price to sales ratio came in at 0.43. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 150519 shares of IAG.TO exchange hands on a given day and today's volume is recorded at 243665. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
