Shares of XL traded higher by 4.55% or $0.97/share to $22.30. NYSE is trading at a price to book ratio of 0.71. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.15 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 1.01. Thus, the company is not very expensive in terms of its sales. On average, 3780630 shares of XL exchange hands on a given day and today's volume is recorded at 7587682. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
XL Group plc (XL) through its subsidiaries, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and, professional firms, insurance companies and other enterprises on a worldwide basis.
