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Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) EV-to-EBITDA

: 1.84 (As of Today)
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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ping An Insurance (Group) Co. of China's enterprise value is $184,224 Mil. Ping An Insurance (Group) Co. of China's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $100,144 Mil. Therefore, Ping An Insurance (Group) Co. of China's EV-to-EBITDA for today is 1.84.

The historical rank and industry rank for Ping An Insurance (Group) Co. of China's EV-to-EBITDA or its related term are showing as below:

PIAIF' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.78   Med: 10.33   Max: 35.38
Current: 1.84

During the past 13 years, the highest EV-to-EBITDA of Ping An Insurance (Group) Co. of China was 35.38. The lowest was 1.78. And the median was 10.33.

PIAIF's EV-to-EBITDA is ranked better than
84.31% of 325 companies
in the Insurance industry
Industry Median: 7.24 vs PIAIF: 1.84

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-19), Ping An Insurance (Group) Co. of China's stock price is $4.01. Ping An Insurance (Group) Co. of China's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.671. Therefore, Ping An Insurance (Group) Co. of China's PE Ratio for today is 5.98.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Ping An Insurance (Group) Co. of China EV-to-EBITDA Historical Data

The historical data trend for Ping An Insurance (Group) Co. of China's EV-to-EBITDA 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.

* Premium members only.

Ping An Insurance (Group) Co. of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.82 11.45 11.65 2.69 2.40

Ping An Insurance (Group) Co. of China Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 2.69 2.28 2.45 2.49 2.40

Competitive Comparison

For the Insurance - Life subindustry, Ping An Insurance (Group) Co. of China's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Ping An Insurance (Group) Co. of China EV-to-EBITDA Distribution

For the Insurance industry and Financial Services sector, Ping An Insurance (Group) Co. of China's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ping An Insurance (Group) Co. of China's EV-to-EBITDA falls into.



Ping An Insurance (Group) Co. of China EV-to-EBITDA Calculation

Ping An Insurance (Group) Co. of China's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=184224.199/100144.205
=1.84

Ping An Insurance (Group) Co. of China's current Enterprise Value is $184,224 Mil.
Ping An Insurance (Group) Co. of China's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $100,144 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.


Ping An Insurance (Group) Co. of China  (OTCPK:PIAIF) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Ping An Insurance (Group) Co. of China's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.01/0.671
=5.98

Ping An Insurance (Group) Co. of China's share price for today is $4.01.
Ping An Insurance (Group) Co. of China's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.671.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Ping An Insurance (Group) Co. of China EV-to-EBITDA Related Terms

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Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) Business Description

Address
No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, CHN, 518033
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%, 5%, 26%, 2%, and 4% of the company's operating profits, respectively, in 2022.