Is Aviva’s share price a bargain now it’s trading well below £5?

Is Aviva’s share price a bargain now it’s trading well below £5?

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Aviva’s (LSE: AV) share price has lost around 6% in value from its 12-month 2 April traded high of £4.99.

This aligned with the FTSE 100’s decline from 8,000 around that point, prompted I think by profit-taking from short-term investors.

Is it a bargain now?

Based on key stock value measures, Aviva was a bargain even before the recent price drop, but more so now.

On the key price-to-earnings (P/E) valuation measurement, it currently…
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Source: https://www.fool.co.uk/2024/04/23/is-avivas-share-price-a-bargain-now-its-trading-well-below-5/