iA Financial Corporation Inc
TSX:IAG
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (1.3), the stock would be worth CA$120.15 (32% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2 | CA$176.23 |
0%
|
| 3-Year Average | 1.3 | CA$120.15 |
-32%
|
| 5-Year Average | 1.2 | CA$107.58 |
-39%
|
| Industry Average | 1.9 | CA$171.25 |
-3%
|
| Country Average | 2.7 | CA$239.73 |
+36%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
iA Financial Corporation Inc
TSX:IAG
|
16B CAD | 2 | 15.4 | |
| ZA |
S
|
Sanlam Ltd
JSE:SLM
|
180.5B ZAR | 1.8 | 11.3 | |
| ZA |
D
|
Discovery Ltd
JSE:DSY
|
178.5B ZAR | 2.4 | 16.6 | |
| CN |
|
Ping An Insurance Group Co of China Ltd
SSE:601318
|
1T CNY | 1 | 7.7 | |
| CN |
|
China Life Insurance Co Ltd
SSE:601628
|
1T CNY | 1.8 | 6.8 | |
| ZA |
O
|
OUTsurance Group Ltd
JSE:OUT
|
112.7B ZAR | 8.3 | 22.6 | |
| HK |
|
AIA Group Ltd
HKEX:1299
|
858.9B HKD | 2.5 | 17.5 | |
| CA |
|
Manulife Financial Corp
TSX:MFC
|
88.8B CAD | 1.7 | 16.9 | |
| ZA |
O
|
Old Mutual Ltd
JSE:OMU
|
63.3B ZAR | 1.1 | 7.5 | |
| US |
|
Aflac Inc
NYSE:AFL
|
59.7B USD | 2 | 16.4 | |
| IN |
|
Life Insurance Corporation Of India
NSE:LICI
|
5.1T INR | 3.6 | 9.7 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
iA Financial Corporation Inc
Glance View
iA Financial Corporation Inc., rooted deeply in Canadian soil, has grown from humble beginnings in the early 20th century into a towering force in the financial services industry. Originally founded as a life insurance company, it has since expanded its portfolio to cater to a diversified clientele. The company is headquartered in Quebec City, which serves as its strategic command center for operations across North America. At its core, iA Financial thrives on a comprehensive suite of insurance and financial products tailored for both individuals and businesses. Its offerings include life, health, and auto insurance, as well as wealth management and pension solutions. This diversification enables the company to mitigate risk by capturing a wide array of demographics, ensuring steady revenue streams even when certain sectors face headwinds. The company’s success is substantially built on its robust distribution network, which is designed to adapt and respond to the evolving needs of its clients. iA Financial leverages an extensive network of independent advisors, brokers, and direct distribution channels to reach its customers. This approach ensures that the company remains agile and customer-focused, integrating feedback to refine its product offerings continuously. Moreover, the financial behemoth embraces technological advancements to streamline its operations and enhance customer experience. By investing in digital platforms and tools, iA Financial has efficiently scaled its advisory services while reducing overhead costs. This strategic focus not only bolsters its market competitiveness but also solidifies its role as a stable provider of financial security to its vast clientele. By balancing its heritage of reliable insurance services with modern wealth management and digital innovations, iA Financial Corporation positions itself as a formidable player in the financial landscape.