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.
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News
Trading Information
- Previous Close Price
- $4.01
- Day Range
- $4.22–4.22
- 52-Week Range
- $3.90–7.81
- Bid/Ask
- $4.28 / $4.87
- Market Cap
- $76.85 Bil
- Volume/Avg
- 100 / 58,459
Key Statistics
- Price/Earnings (Normalized)
- 5.95
- Price/Sales
- 0.64
- Dividend Yield (Trailing)
- 8.22%
- Dividend Yield (Forward)
- 8.22%
- Total Yield
- 8.22%
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) | 5.95 | 36.98 | 4.68 |
Price/Book Value | 0.58 | 1.75 | 0.39 |
Price/Sales | 0.64 | 0.97 | 0.56 |
Price/Cash Flow | 6.49 | 2.72 | 0.45 |
Price/Earnings
PIAIF
601628
01336
Financial Strength
Metric
|
PIAIF
|
601628
|
01336
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 1.00 | — | 1.09 |
Quick Ratio
No chart available
Profitability
Metric
|
PIAIF
|
601628
|
01336
|
---|---|---|---|
Return on Assets (Normalized) | 0.76% | 1.11% | 0.67% |
Return on Equity (Normalized) | 9.57% | 13.86% | 8.02% |
Return on Invested Capital (Normalized) | 7.52% | 5.69% | 28.48% |
Return on Assets
PIAIF
601628
01336
Insurance - Life Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
PNGAY
| Ping An Insurance (Group) Co. of China Ltd ADR | — | Nntjx | $95.8 Bil | |
CILJF
| China Life Insurance Co Ltd Class H | — | Fkqx | $94.8 Bil | |
AAIGF
| AIA Group Ltd | — | Zgsh | $77.5 Bil | |
AAGIY
| AIA Group Ltd ADR | — | Tkhq | $74.0 Bil | |
MET
| MetLife Inc | Zyvqpjtj | Vbjh | $50.9 Bil | |
AFL
| Aflac Inc | Vzztyczl | Jncdcbg | $48.1 Bil | |
MFC
| Manulife Financial Corp | Lysydgkgz | Sdfp | $42.4 Bil | |
PRU
| Prudential Financial Inc | Qghdldsf | Vyrx | $39.7 Bil | |
PUK
| Prudential PLC ADR | Txcbzxrz | Kfgl | $24.9 Bil |