Manulife FinancialMFC.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Richly Valued” zone.
As of Oct 16, 2026, Manulife Financial (MFC.N) trades at a P/E of 16.70x, P/B of 2.00x, P/S of 2.47x, and a dividend yield of 2.38%.
Longitudinal percentile comparison: P/E sits at the 85th percentile over the trailing 10Y window (vs. 95th percentile over 3Y); P/B sits at the 99th percentile over the trailing 10Y window (vs. 98th percentile over 3Y); P/S sits at the 90th percentile over the trailing 10Y window (vs. 75th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 55th percentile within its industry and the 43rd percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 4.79%, ranking at the 56th percentile over the trailing 20Y window.
The P/E and P/B long-window percentiles differ by only 14.2 points, pointing to a consistent valuation read across both metrics. Relative to the broader market, its P/E shows a deeper discount than it does against industry peers. Breaking down the total shareholder yield: 2.38% comes from cash dividends, with an implied ~2.41% from buybacks — a fairly balanced mix of both channels. Manulife Financial operates in the Finance, Insurance, And Real Estate sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: MFC · MFC
Want the full picture on whether Manulife Financial (MFC.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 16.70 | ||||||
| P/B (MRQ) | 2.00 | ||||||
| P/S (TTM) | 2.47 | ||||||
| Dividend Yield | 2.38% | ||||||
| Buyback + Div Yield | 4.79% |