GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Life Insurance Co Ltd (SHSE:601628) » Definitions » Cyclically Adjusted Price-to-FCF

China Life Insurance Co (SHSE:601628) Cyclically Adjusted Price-to-FCF : 4.38 (As of Jun. 07, 2025)


View and export this data going back to 2007. Start your Free Trial

What is China Life Insurance Co Cyclically Adjusted Price-to-FCF?

As of today (2025-06-07), China Life Insurance Co's current share price is ¥40.03. China Life Insurance Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ¥9.14. China Life Insurance Co's Cyclically Adjusted Price-to-FCF for today is 4.38.

The historical rank and industry rank for China Life Insurance Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:601628' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.28   Med: 5.51   Max: 9.69
Current: 4.36

During the past years, China Life Insurance Co's highest Cyclically Adjusted Price-to-FCF was 9.69. The lowest was 3.28. And the median was 5.51.

SHSE:601628's Cyclically Adjusted Price-to-FCF is ranked better than
85.9% of 312 companies
in the Insurance industry
Industry Median: 13.095 vs SHSE:601628: 4.36

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

China Life Insurance Co's adjusted free cash flow per share data for the three months ended in Mar. 2025 was ¥6.748. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ¥9.14 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Life Insurance Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Life Insurance Co's Cyclically Adjusted Price-to-FCF 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.

China Life Insurance Co Cyclically Adjusted Price-to-FCF Chart

China Life Insurance Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.38 5.26 5.68 3.72 4.96

China Life Insurance Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF 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 3.52 3.67 5.15 4.96 4.11

Competitive Comparison of China Life Insurance Co's Cyclically Adjusted Price-to-FCF

For the Insurance - Life subindustry, China Life Insurance Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


China Life Insurance Co's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Life Insurance Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Life Insurance Co's Cyclically Adjusted Price-to-FCF falls into.


;
;

China Life Insurance Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

China Life Insurance Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=40.03/9.14
=4.38

* 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.

China Life Insurance Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, China Life Insurance Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.748/115.1156*115.1156
=6.748

Current CPI (Mar. 2025) = 115.1156.

China Life Insurance Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.852 99.500 0.986
201509 0.457 100.500 0.523
201512 -2.154 100.600 -2.465
201603 -0.016 102.200 -0.018
201606 -0.496 101.400 -0.563
201609 0.839 102.400 0.943
201612 2.520 102.600 2.827
201703 3.551 103.200 3.961
201706 1.277 103.100 1.426
201709 1.181 104.100 1.306
201712 0.641 104.500 0.706
201803 0.726 105.300 0.794
201806 0.556 104.900 0.610
201809 1.009 106.600 1.090
201812 2.041 106.500 2.206
201903 3.886 107.700 4.154
201906 1.307 107.700 1.397
201909 1.903 109.800 1.995
201912 2.576 111.200 2.667
202003 4.338 112.300 4.447
202006 1.958 110.400 2.042
202009 1.952 111.700 2.012
202012 2.185 111.500 2.256
202103 5.659 112.662 5.782
202106 1.274 111.769 1.312
202109 1.681 112.215 1.724
202112 1.331 113.108 1.355
202203 6.195 114.335 6.237
202206 2.388 114.558 2.400
202209 1.619 115.339 1.616
202212 2.210 115.116 2.210
202303 6.234 115.116 6.234
202306 2.549 114.558 2.561
202309 2.664 115.339 2.659
202312 2.020 114.781 2.026
202403 6.440 115.227 6.434
202406 3.373 114.781 3.383
202409 2.357 115.785 2.343
202412 1.082 114.893 1.084
202503 6.748 115.116 6.748

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


China Life Insurance Co  (SHSE:601628) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


China Life Insurance Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of China Life Insurance Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


China Life Insurance Co Business Description

Address
No. 16, Financial Street, Xicheng District, Beijing, CHN, 100033
With headquarters in Beijing, China Life Insurance is the largest life insurance company in China, commanding about 18% market share by end-2023. 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 focusing on building a senior-care ecosystem and reforming a new agent team for long-term growth.

China Life Insurance Co Headlines

No Headlines