PRU Stock Trading at Discount to Industry at 7.62X: Time to Hold?

Prudential Financial Inc. (PRU) shares are trading at a discount compared to the Zacks Multi-line Insurance industry. It is currently trading at a price-to-earnings multiple of 7.62X, which is lower than the industry average of 8.74X, the Finance sector’s 16.87X and the Zacks S&P 500 Composite’s 22.23X. The insurer has a Value Score of A.Image Source: Zacks Investment ResearchThe insurer has a market capitalization of $39.12 billion. The average volume of shares traded in the last three months was 1.56 mill ...