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Thursday, October 13, 2011

Excellent Stock Value (NYSE: PFG)

Shares of PFG fell by 3.17% or $-0.79/share to $24.13. Principal Financial Group Inc. is trading at a price to book ratio of 0.75. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.69 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.85. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 3467360 shares of PFG exchange hands on a given day and today's volume is recorded at 1405271. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Principal Financial Group, Inc. (PFG) is a provider of retirement savings, investment and insurance products and services.