Ping An Insurance (Group) Co. of China Ltd Class H PIAIF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if PIAIF is a good fit for your portfolio.
News
Trading Information
- Previous Close Price
- $5.72
- Day Range
- $6.01–6.01
- 52-Week Range
- $3.90–7.36
- Bid/Ask
- $5.75 / $6.14
- Market Cap
- $109.44 Bil
- Volume/Avg
- 1,148 / 32,235
Key Statistics
- Price/Earnings (Normalized)
- 9.18
- Price/Sales
- 0.98
- Dividend Yield (Trailing)
- 6.06%
- Dividend Yield (Forward)
- 6.06%
- Total Yield
- 6.06%
Company Profile
Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company has a focus on the offerings of healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services, and technology. These business segments contributed 89%, 8%, 23%, -18%, and 2% of the company’s operating profits, respectively, in 2023.
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Large Value
- Total Number of Employees
- 288,751
- Website
- https://www.pingan.cn
Competitors
Valuation
Metric
|
PIAIF
|
601628
|
01336
|
---|---|---|---|
Price/Earnings (Normalized) | 9.18 | 42.82 | 5.95 |
Price/Book Value | 0.86 | 1.94 | 0.55 |
Price/Sales | 0.98 | 1.60 | 0.75 |
Price/Cash Flow | 3.45 | 2.32 | 0.57 |
Price/Earnings
PIAIF
601628
01336
Financial Strength
Metric
|
PIAIF
|
601628
|
01336
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 1.00 | — | 1.04 |
Quick Ratio
No chart available
Profitability
Metric
|
PIAIF
|
601628
|
01336
|
---|---|---|---|
Return on Assets (Normalized) | 0.76% | 0.96% | 0.62% |
Return on Equity (Normalized) | 9.57% | 12.05% | 7.77% |
Return on Invested Capital (Normalized) | 7.52% | 5.38% | 27.23% |
Return on Assets
PIAIF
601628
01336
Insurance - Life Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
CILJF
| China Life Insurance Co Ltd Class H | — | Vzfw | $107.5 Bil | |
PNGAY
| Ping An Insurance (Group) Co. of China Ltd ADR | — | Cjjrh | $105.2 Bil | |
AAGIY
| AIA Group Ltd ADR | — | Xrfd | $94.0 Bil | |
AAIGF
| AIA Group Ltd | — | Gln | $94.0 Bil | |
MET
| MetLife Inc | Lyghcbzx | Mywt | $52.8 Bil | |
AFL
| Aflac Inc | Blpxkhq | Ydcstq | $50.2 Bil | |
MFC
| Manulife Financial Corp | Jdlrttdr | Kpv | $47.5 Bil | |
PRU
| Prudential Financial Inc | Wmgktzt | Mjky | $43.6 Bil | |
PUK
| Prudential PLC ADR | Ygyjvyl | Xmc | $28.9 Bil |