GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ping An Insurance (Group) Co. of China Ltd (OTCPK:PNGAY) » Definitions » 5-Year Yield-on-Cost %
中文

Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) 5-Year Yield-on-Cost % : 11.99 (As of Apr. 25, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Ping An Insurance (Group) Co. of China 5-Year Yield-on-Cost %?

Ping An Insurance (Group) Co. of China's yield on cost for the quarter that ended in Mar. 2024 was 11.99.


The historical rank and industry rank for Ping An Insurance (Group) Co. of China's 5-Year Yield-on-Cost % or its related term are showing as below:

PNGAY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.46   Med: 3.22   Max: 13.04
Current: 11.99


During the past 13 years, Ping An Insurance (Group) Co. of China's highest Yield on Cost was 13.04. The lowest was 0.46. And the median was 3.22.


PNGAY's 5-Year Yield-on-Cost % is ranked better than
95.25% of 400 companies
in the Insurance industry
Industry Median: 3.87 vs PNGAY: 11.99

Competitive Comparison of Ping An Insurance (Group) Co. of China's 5-Year Yield-on-Cost %

For the Insurance - Life subindustry, Ping An Insurance (Group) Co. of China's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Ping An Insurance (Group) Co. of China's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Ping An Insurance (Group) Co. of China's 5-Year Yield-on-Cost % falls into.



Ping An Insurance (Group) Co. of China 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Ping An Insurance (Group) Co. of China is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Ping An Insurance (Group) Co. of China  (OTCPK:PNGAY) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Ping An Insurance (Group) Co. of China 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Ping An Insurance (Group) Co. of China's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


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.