TO · PIC-A.TO
Premium Income Corporation
- Sector
- Financial Services · Asset Management - Income
- Headquarters
- Toronto, ON M5H 3T9
- Website
- strathbridge.com
Price · as of 2025-10-31
$9.76
Market cap 161.33M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $21.96 | +125% |
| Intrinsic Value(DCF) | $9.73 | -0.31% |
| Graham-Dodd Method(GD) | $20.53 | +110.33% |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $1.41 | $29.40 | $9.03 | $5.48 | $0.13 |
| 2012 | $1.53 | $107.57 | $7.05 | $0.00 | $0.00 |
| 2013 | $1.90 | $44.91 | $7,982.96 | $0.00 | $789.19 |
| 2014 | $2.51 | $18.13 | $319.16 | $0.12 | $49.38 |
| 2015 | $1.80 | $87.56 | $0.00 | $0.00 | $132.19 |
| 2016 | $3.02 | $62.18 | $6.62 | $0.00 | |
| 2017 | $3.74 | $32.23 | $65.67 | $2.33 | $398.62 |
| 2018 | $3.43 | $24.72 | $0.00 | $0.00 | $70.66 |
| 2019 | $3.70 | $311.40 | $7.83 | $0.00 | |
| 2020 | $3.31 | $144.38 | $0.00 | $0.00 | $966.98 |
| 2021 | $5.95 | $69.51 | $9.68 | $24.37 | |
| 2022 | $5.94 | $25.01 | $0.00 | $0.00 | $165.79 |
| 2023 | $4.46 | $99.19 | $0.00 | $0.00 | |
| 2024 | $4.71 | $137.06 | $6.36 | $20.49 | |
| 2025 | $8.96 | $21.96 | $10.89 | $20.53 | $0.00 |
AI valuation
Our deep-learning model estimates Premium Income Corporation's (PIC-A.TO) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $21.96
- Current price
- $9.76
- AI upside
- +125%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$9.73
-0.31% upside
Graham-Dodd
$20.53
+110.33% upside
Graham Formula
—
— upside
About Premium Income Corporation
Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. It seeks to invest in stocks of dividend paying companies. The fund benchmarks the performance of its portfolio against the S&P/TSX Diversified Banks Total Return Index. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Canada.
- CEO
- John Paul Mulvihill
- Employees
- 0
- Beta
- 1.20
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($9.73 ÷ $9.76) − 1 = -0.31% (DCF, example).