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Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) Price-to-Owner-Earnings

: 9.33 (As of Today)
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As of today (2024-04-24), Ping An Insurance (Group) Co. of China's share price is $4.01. Ping An Insurance (Group) Co. of China's Owner Earnings per Share (TTM) ended in Dec. 2023 was $0.43. It's Price-to-Owner-Earnings for today is 9.33.


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

PIAIF' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.36   Med: 12.46   Max: 43.88
Current: 9.36

During the past 13 years, the highest Price-to-Owner-Earnings of Ping An Insurance (Group) Co. of China was 43.88. The lowest was 6.36. And the median was 12.46.


PIAIF's Price-to-Owner-Earnings is ranked worse than
54.63% of 324 companies
in the Insurance industry
Industry Median: 9.55 vs PIAIF: 9.36

As of today (2024-04-24), Ping An Insurance (Group) Co. of China's share 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 $0.67. Therefore, Ping An Insurance (Group) Co. of China's PE Ratio for today is 5.98.

As of today (2024-04-24), Ping An Insurance (Group) Co. of China's share price is $4.01. Ping An Insurance (Group) Co. of China's EPS without NRI for the trailing twelve months (TTM) ended in was $0.84. Therefore, Ping An Insurance (Group) Co. of China's PE Ratio without NRI for today is 4.80.

During the past 13 years, Ping An Insurance (Group) Co. of China's highest PE Ratio without NRI was 14.13. The lowest was 4.92. And the median was 8.69.


Ping An Insurance (Group) Co. of China Price-to-Owner-Earnings Historical Data

The historical data trend for Ping An Insurance (Group) Co. of China's Price-to-Owner-Earnings 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
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.21 11.90 9.90 8.19 9.57

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
Price-to-Owner-Earnings 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 8.19 7.23 8.36 9.06 9.57

Competitive Comparison

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

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

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



Ping An Insurance (Group) Co. of China Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Ping An Insurance (Group) Co. of China's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=4.01/0.43
=9.33

* 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) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Ping An Insurance (Group) Co. of China Price-to-Owner-Earnings 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.

Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) Headlines