Ping An Insurance (Group) Co. of China (WBO:PZX) Book Value per Share : €6.35 (As of Sep. 2024)

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What is Ping An Insurance (Group) Co. of China Book Value per Share?

Ping An Insurance (Group) Co. of China's book value per share for the quarter that ended in Sep. 2024 was €6.35.

During the past 12 months, Ping An Insurance (Group) Co. of China's average Book Value Per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ping An Insurance (Group) Co. of China was 44.20% per year. The lowest was 0.10% per year. And the median was 18.55% per year.

Ping An Insurance (Group) Co. of China's current price is €5.792. Its book value per share for the quarter that ended in Sep. 2024 was €6.35. Hence, today's PB Ratio of Ping An Insurance (Group) Co. of China is 0.91.

During the past 13 years, the highest P/B Ratio of Ping An Insurance (Group) Co. of China was 3.07. The lowest was 0.76. And the median was 1.76.

Ping An Insurance (Group) Co. of China Book Value per Share Historical Data

The historical data trend for Ping An Insurance (Group) Co. of China's Book Value per Share 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 Book Value per Share Chart

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

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Book Value per Share

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4.73

5.24

6.18

6.44

6.34

Ping An Insurance (Group) Co. of China Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Book Value per Share	Get a 7-Day Free Trial															6.37	6.34	6.35	6.55	6.35

Competitive Comparison of Ping An Insurance (Group) Co. of China's Book Value per Share

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

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

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

Ping An Insurance (Group) Co. of China Book Value per Share Calculation

Ping An Insurance (Group) Co. of China's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(115,458	-	0)	/	18,210
	=	6.34

Ping An Insurance (Group) Co. of China's Book Value Per Share for the quarter that ended in Sep. 2024 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(115,610	-	0)	/	18,210
	=	6.35

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Ping An Insurance (Group) Co. of China (WBO:PZX) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Ping An Insurance (Group) Co. of China Book Value per Share Related Terms

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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 (WBO:PZX) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

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

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 89%, 8%, 23%, -18%, and 2% of the company's operating profits, respectively, in 2023.

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