Voya Financial Inc

NYSE VOYA

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Voya Financial Inc Price to Book Ratio (P/B) on June 03, 2024: 1.85

Voya Financial Inc Price to Book Ratio (P/B) is 1.85 on June 03, 2024, a 6.03% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Voya Financial Inc 52-week high Price to Book Ratio (P/B) is 2.55 on December 14, 2023, which is 37.87% above the current Price to Book Ratio (P/B).
  • Voya Financial Inc 52-week low Price to Book Ratio (P/B) is 1.63 on February 27, 2024, which is -12.02% below the current Price to Book Ratio (P/B).
  • Voya Financial Inc average Price to Book Ratio (P/B) for the last 52 weeks is 2.03.
NYSE: VOYA

Voya Financial Inc

CEO Mr. Rodney Owen Martin Jr.
IPO Date May 2, 2013
Location United States
Headquarters 230 Park Avenue, New York, NY, United States, 10169
Employees 9,000
Sector Financial Services
Industry Financial conglomerates
Description

Voya Financial, Inc. engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees. The segment also provides wealth management services, such as individual retirement, managed, and brokerage accounts, as well as financial guidance and advisory services. This segment serves corporate, public and private school systems, higher education institutions, hospitals and healthcare facilities, other non-profit organizations, and state and local governments, as well as institutional and individual customers. The Health Solutions segment offers various insurance products comprising stop loss, group life, group disability, whole life, critical illness, accident, and hospital indemnity insurance. The segment also provides worksite employee benefits, health account solutions, leave management, benefits administration, health plan enrollment, financial wellness, and decision support products and services to mid-size and large corporate employers and professional associations. The Investment Management segment provides fixed income, equity, multi-asset, and alternative products and solutions to individual investors and institutional clients through its direct sales force, consultant channel, banks, broker-dealers, and independent financial advisers. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was founded in 1975 and is based in New York, New York.

StockViz Staff

September 16, 2024

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