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Current and historical daily P/E ratio for China Life Insurance Co Ltd () from 2003 to May 16 2021. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive. China Life Insurance stock (LFC) PE ratio as of May 16 2021 is 20.03. More Details
China Life Insurance PE Ratio (TTM) Historical Data
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China Life Insurance PE Ratio (TTM) Comparison
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16 Financial Street, Xicheng District, Beijing, CHN, 100033
Headquartered in Beijing and commanding around 20% share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is currently undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.