- Last Close 51.55
- Sector Financial Services
- Industry Insurance - Life
- Investment Style Large Value
- Day Range 49.85 – 51.95
- Year Range 31.30 – 63.10
- Market Cap 942.3464 Bil
- Volume / Avg 41.7 Mil / 28.7 Mil
- Price / Sales 0.76
- Price / Book 0.89
- Forward Div Yield 6.90%
- Trailing Div Yield 1.25%
Morningstar‘s Stock Analysis 02318
Ping An Earnings: Chinese Insurer Beats Expectations for New Business Value
Company Profile 02318
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 65%, 11%, 14%, 9%, and 20% of the company’s operating profits, respectively, in 2021.
Shenzhen, 518033, CHN
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of 02318’s competitive advantage.
Ping An Insurance (Group) Co. of China Ltd Class H
China Life Insurance Co Ltd Class A
China Pacific Insurance (Group) Co Ltd Class A
AIA Group Ltd
|+$2.25 (4.56%)||+$0.60 (1.59%)||+$0.35 (1.24%)||+$2.80 (3.72%)|
|942.35 Bil||1.09 Tril||274.66 Bil||903.65 Bil|
|Insurance - Life||Insurance - Life||Insurance - Life||Insurance - Life|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Ping An Insurance (Group) Co. of China Ltd Class H Stock
Yes. 02318 has a forward dividend yield of 6.60%.
02318’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
02318’s market cap is 942.35 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
02318’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
02318’s price/sales is 1.00.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.
02318’s price/forward earnings is 7.92.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.
02318’s price/book is 0.90.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See 02318’s valuation ratios compared to the Market Index.
02318’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare 02318’s historical performance against its industry peers and the overall market.