(MFC) Manulife Financial - Ratings and Ratios

Manulife Financial Corporation, operating under the ticker symbol MFC on the NYSE, is a Canadian-based financial services giant with a global footprint spanning the United States, Canada, Asia, and key international markets. Incorporated in 1887 and headquartered in Toronto, Canada, the company is a major player in the life and health insurance sector, classified under the GICS sub-industry Life & Health Insurance.

Manulife operates through three primary segments: Wealth and Asset Management Businesses, Insurance and Annuity Products, and Corporate and Other. The Wealth and Asset Management Businesses segment delivers investment advice and tailored financial solutions to a diverse clientele, including retirement plans, retail investors, and institutional clients. This segment leverages multiple distribution channels such as affiliated agents and brokers, independent brokerage firms, financial advisors, pension plan consultants, and banks to reach its customers.

The Insurance and Annuity Products segment offers a wide range of financial protection and savings solutions. This includes individual life insurance, group and individual long-term care insurance, and a variety of annuity products that provide guaranteed or partially guaranteed returns. These products are distributed through an extensive network of insurance agents, brokers, banks, financial planners, and direct marketing channels. Additionally, the segment provides deposit and credit products, further diversifying its offerings.

The Corporate and Other segment encompasses the company’s property and casualty reinsurance operations, run-off reinsurance activities, and legacy businesses such as variable annuities and accident and health insurance. This segment also manages significant timberland and agricultural portfolios, adding a unique dimension to the company’s asset base. Furthermore, Manulife engages in a variety of financial services, including insurance agency operations, investment counseling, portfolio management, mutual fund dealer businesses, and property and casualty insurance. The company also offers integrated banking products and services, rounding out its comprehensive financial solutions platform.

From a financial perspective, Manulife commands a market capitalization of $51.07 billion USD, reflecting its substantial size and market presence. The company’s price-to-earnings (P/E) ratio stands at 15.05, with a forward P/E of 10.46, indicating expectations of future earnings growth. The price-to-book (P/B) ratio of 1.68 and price-to-sales (P/S) ratio of 1.70 provide additional insights into the company’s valuation metrics. These metrics are critical for investors and fund managers