Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) PEG Ratio : 0.16 (As of Apr. 24, 2024)

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What is Ping An Insurance (Group) Co. of China PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Ping An Insurance (Group) Co. of China's PE Ratio without NRI is 5.24. Ping An Insurance (Group) Co. of China's 5-Year EBITDA growth rate is 33.00%. Therefore, Ping An Insurance (Group) Co. of China's PEG Ratio for today is 0.16.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

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

PNGAY' s PEG Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.19 Max: 0.24
Current: 0.16

During the past 13 years, Ping An Insurance (Group) Co. of China's highest PEG Ratio was 0.24. The lowest was 0.15. And the median was 0.19.

PNGAY's PEG Ratio is ranked better than
91.16% of 147 companies
in the Insurance industry
Industry Median: 1.08 vs PNGAY: 0.16

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.

Ping An Insurance (Group) Co. of China PEG Ratio Historical Data

The historical data trend for Ping An Insurance (Group) Co. of China's PEG Ratio 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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Ping An Insurance (Group) Co. of China PEG Ratio Chart

Ping An Insurance (Group) Co. of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PEG Ratio

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0.23

Ping An Insurance (Group) Co. of China Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PEG Ratio	Get a 7-Day Free Trial															0.17	0.21	0.22	0.23	-

Competitive Comparison of Ping An Insurance (Group) Co. of China's PEG Ratio

For the Insurance - Life subindustry, Ping An Insurance (Group) Co. of China's PEG Ratio, along with its competitors' market caps and PEG Ratio 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's PEG Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Ping An Insurance (Group) Co. of China's PEG Ratio falls into.

Ping An Insurance (Group) Co. of China PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

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

PEG Ratio	=	PE Ratio without NRI	/	5-Year EBITDA Growth Rate*
	=	5.2398081534772	/	33.00
	=	0.16

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Ping An Insurance (Group) Co. of China (OTCPK:PNGAY) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.

Ping An Insurance (Group) Co. of China PEG Ratio Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ping An Insurance (Group) Co. of China Ltd (OTCPK:PNGAY) » Definitions » PEG Ratio

Comparable Companies

Traded in Other Exchanges

PIAIF:USA 02318:Hong Kong PZX:Germany 601318:China PZX:Austria

Address

No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, CHN, 518033

Website

https://www.pingan.cn

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.