Ping An Insurance (Group) Co. of China Ltd Class H 2318
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.
News
Trading Information
- Previous Close Price
- €96.00
- Day Range
- €91.15–91.15
- 52-Week Range
- €69.32–112.59
- Bid/Ask
- €96.01 / —
- Market Cap
- €1.66 Tril
- Volume/Avg
- 41,400 / —
Key Statistics
- Price/Earnings (Normalized)
- 7.58
- Price/Sales
- 0.85
- Dividend Yield (Trailing)
- 7.10%
- Dividend Yield (Forward)
- 7.10%
- Total Yield
- 7.10%
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
|
2318
|
601628
|
01299
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.58 | 46.77 | 17.81 |
Price/Book Value | 0.71 | 2.25 | 2.28 |
Price/Sales | 0.85 | 2.17 | 4.94 |
Price/Cash Flow | 1.37 | 2.69 | — |
Price/Earnings
2318
601628
01299
Financial Strength
|
Metric
|
2318
|
601628
|
01299
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 1.02 | — | 12.10 |
Quick Ratio
No chart available
Profitability
|
Metric
|
2318
|
601628
|
01299
|
|---|---|---|---|
Return on Assets (Normalized) | 0.98% | 0.95% | 2.23% |
Return on Equity (Normalized) | 12.58% | 12.06% | 15.38% |
Return on Invested Capital (Normalized) | 7.94% | 5.76% | 12.10% |
Return on Assets
2318
601628
01299
Insurance - Life Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| China Life Insurance Co Ltd Class H
CILJF
| — | Nss | $129.5 Bil | |||
| Ping An Insurance (Group) Co. of China Ltd Class H
PIAIF
| Mzmpztb | Jzcs | $120.7 Bil | |||
| Ping An Insurance (Group) Co. of China Ltd ADR
PNGAY
| — | Lflw | $120.7 Bil | |||
| AIA Group Ltd ADR
AAGIY
| — | Gtk | $89.0 Bil | |||
| AIA Group Ltd
AAIGF
| — | Zxch | $89.0 Bil | |||
| Aflac Inc
AFL
| Fnbyyrsv | Ksjhl | $61.6 Bil | |||
| MetLife Inc
MET
| Nrwydzx | Ptpsw | $57.1 Bil | |||
| Manulife Financial Corp
MFC
| Xdvnjdmrz | Zcmwr | $52.6 Bil | |||
| Prudential Financial Inc
PRU
| Bdxrlbf | Fzl | $43.0 Bil | |||
| Prudential PLC ADR
PUK
| Srrhhhnc | Djf | $24.5 Bil |
United States