The Globe and Mail attempts to identify financial stocks offering safety and value in its Thursday edition. The Globe's guest columnist Seam Pugliese writes in the Number Cruncher column that he started his search by filtering for TSX-listed equities in the financial sector with a minimum market capitalization of $5-billion. Mr. Pugliese says market cap is a safety factor. He says generally larger companies have more stable and diverse revenue streams and earnings profiles. Mr. Pugliese's list is sorted on this metric, from largest to smallest. Dividend yield is the annualized dividend divided by the recent share price. Dividends generally reflect safety and stability. Mr. Pugliese says he likes to get paid while he waits for capital appreciation. Then Mr. Pugliese looked at debt-to-equity as a safety factor. It is the total debt outstanding divided by shareholders' equity. Price-to-earnings ratio is the share price divided by the projected earnings per share. It is a valuation metric where the lower the number, the better the value. Mr. Pugliese recommends buying Fairfax Financial, Intact Financial, Power Corp. of Canada, IGM Financial, CI Financial, and Industrial Alliance Insurance and Financial Services.