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Monday, April 23, 2012

Potential Takeover Candidate? (NYSE: AFL)

Shares of AFL fell by 2.33% or $-0.97/share to $40.65. NYSE is trading at a price to book ratio of 1.44. The PEG is 0.6 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.88. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 3472230 shares of AFL exchange hands on a given day and today's volume is recorded at 1419547. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Aflac Incorporated (Aflac) is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services.