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The People's Insurance Co (Group) of China (FRA:PIR) Enterprise Value : €30,850 Mil (As of May. 24, 2024)


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What is The People's Insurance Co (Group) of China Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, The People's Insurance Co (Group) of China's Enterprise Value is €30,850 Mil. The People's Insurance Co (Group) of China's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €4,315 Mil. Therefore, The People's Insurance Co (Group) of China's EV-to-EBIT ratio for today is 7.15.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, The People's Insurance Co (Group) of China's Enterprise Value is €30,850 Mil. The People's Insurance Co (Group) of China's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €4,315 Mil. Therefore, The People's Insurance Co (Group) of China's EV-to-EBITDA ratio for today is 7.15.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, The People's Insurance Co (Group) of China's Enterprise Value is €30,850 Mil. The People's Insurance Co (Group) of China's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was €64,805 Mil. Therefore, The People's Insurance Co (Group) of China's EV-to-Revenue ratio for today is 0.48.


The People's Insurance Co (Group) of China Enterprise Value Historical Data

The historical data trend for The People's Insurance Co (Group) of China's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The People's Insurance Co (Group) of China Enterprise Value Chart

The People's Insurance Co (Group) of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,691.85 24,226.23 25,264.24 27,379.91 24,534.65

The People's Insurance Co (Group) of China Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,090.30 28,485.83 28,057.36 24,534.65 25,611.00

Competitive Comparison of The People's Insurance Co (Group) of China's Enterprise Value

For the Insurance - Property & Casualty subindustry, The People's Insurance Co (Group) of China's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The People's Insurance Co (Group) of China's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The People's Insurance Co (Group) of China's Enterprise Value distribution charts can be found below:

* The bar in red indicates where The People's Insurance Co (Group) of China's Enterprise Value falls into.



The People's Insurance Co (Group) of China Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

The People's Insurance Co (Group) of China's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

The People's Insurance Co (Group) of China's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The People's Insurance Co (Group) of China  (FRA:PIR) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

The People's Insurance Co (Group) of China's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=30849.538/4314.633
=7.15

The People's Insurance Co (Group) of China's current Enterprise Value is €30,850 Mil.
The People's Insurance Co (Group) of China's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,315 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

The People's Insurance Co (Group) of China's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=30849.538/4314.633
=7.15

The People's Insurance Co (Group) of China's current Enterprise Value is €30,850 Mil.
The People's Insurance Co (Group) of China's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,315 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

The People's Insurance Co (Group) of China's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=30849.538/64805.047
=0.48

The People's Insurance Co (Group) of China's current Enterprise Value is €30,850 Mil.
The People's Insurance Co (Group) of China's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €64,805 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The People's Insurance Co (Group) of China Enterprise Value Related Terms

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The People's Insurance Co (Group) of China (FRA:PIR) Business Description

Traded in Other Exchanges
Address
No. 88, West Chang’an Avenue, 1st-13th Floor, Xi Cheng District, Beijing, CHN, 100031
Headquartered in Beijing, PICC Group is the largest state-owned insurance group, holding a 69% stake in PICC P&C, an 80% stake in PICC Life, and a 69% stake in PICC Health Insurance. Its P&C subsidiary is the largest nonlife insurer with about one third of market share in China. Life and health insurance subsidiaries hold about 2.9% and 1.3% share, respectively. The Ministry of Finance is the largest shareholder, with 61% share. China's Social Security Fund is the group's second-largest shareholder holding nearly 13% share.

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