Ping An Insurance (Group) Co. of China (SGX:HPAD) E10: S$0.56 (As of Mar. 2026)

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SGX:HPAD Ping An Insurance (Group) Co. of China Ltd SGX:HPAD
53 GF Score
Price S$4.48
GF Value S$3.72
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ping An Insurance (Group) Co. of China E10?

Ping An Insurance (Group) Co. of China SGX:HPAD -1.10% 53 E10 is S$0.56 as of Mar. 2026. GuruFocus rates SGX:HPAD with a GF Score™ of 53/100 and a GF Value™ of S$3.72 (Modestly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Ping An Insurance (Group) Co. of China's adjusted earnings per share data for the three months ended in Mar. 2026 was S$0.232. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is S$0.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ping An Insurance (Group) Co. of China's average E10 Growth Rate was 7.10% per year. During the past 3 years, the average E10 Growth Rate was 6.50% per year. During the past 5 years, the average E10 Growth Rate was 8.20% per year. During the past 10 years, the average E10 Growth Rate was 16.40% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Ping An Insurance (Group) Co. of China was 27.40% per year. The lowest was 6.50% per year. And the median was 16.70% per year.

As of today (2026-08-14), Ping An Insurance (Group) Co. of China's current stock price is S$4.48. Ping An Insurance (Group) Co. of China's E10 for the quarter that ended in Mar. 2026 was S$0.56. Ping An Insurance (Group) Co. of China's Shiller PE Ratio of today is 8.00.

During the past 13 years, the highest Shiller PE Ratio of Ping An Insurance (Group) Co. of China was 36.54. The lowest was 6.56. And the median was 11.77.


Ping An Insurance (Group) Co. of China  (SGX:HPAD) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ping An Insurance (Group) Co. of China's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.48/0.56
=8.00

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Ping An Insurance (Group) Co. of China was 36.54. The lowest was 6.56. And the median was 11.77.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Ping An Insurance (Group) Co. of China E10 Related Terms


Ping An Insurance (Group) Co. of China E10 Historical Data

* Premium members only.

The historical data trend for Ping An Insurance (Group) Co. of China's E10 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.

Ping An Insurance (Group) Co. of China E10 Chart

Ping An Insurance (Group) Co. of China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.51

Ping An Insurance (Group) Co. of China Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.48 0.45 0.52 0.51 0.56

SGX:HPAD vs AFL, MET, PRU: E10 Comparison

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

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

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


SGX:HPAD
53GF Score
Ping An Insurance (Group) Co. of China Ltd SGX:HPAD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ping An Insurance (Group) Co. of China E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Ping An Insurance (Group) Co. of China's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.232/116.3033*116.3033
=0.232

Current CPI (Mar. 2026) = 116.3033.

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

per share eps CPI Adj_EPS
201606 0.230 101.400 0.264
201609 0.179 102.400 0.203
201612 0.068 102.600 0.077
201703 0.263 103.200 0.296
201706 0.232 103.100 0.262
201709 0.263 104.100 0.294
201712 0.259 104.500 0.288
201803 0.300 105.300 0.331
201806 0.377 104.900 0.418
201809 0.238 106.600 0.260
201812 0.313 106.500 0.342
201903 0.515 107.700 0.556
201906 0.577 107.700 0.623
201909 0.347 109.800 0.368
201912 0.217 111.200 0.227
202003 0.295 112.300 0.306
202006 0.472 110.400 0.497
202009 0.387 111.700 0.403
202012 0.458 111.500 0.478
202103 0.315 112.662 0.325
202106 0.359 111.769 0.374
202109 0.278 112.215 0.288
202112 0.242 113.108 0.249
202203 0.310 114.335 0.315
202206 0.525 114.558 0.533
202209 0.252 115.339 0.254
202212 0.200 115.116 0.202
202303 0.414 115.116 0.418
202306 0.327 114.558 0.332
202309 0.183 115.339 0.185
202312 -0.021 114.781 -0.021
202403 0.378 115.227 0.382
202406 0.389 114.781 0.394
202409 0.450 115.785 0.452
202412 0.076 114.893 0.077
202503 0.265 115.116 0.268
202506 0.405 114.907 0.410
202509 0.637 115.471 0.642
202512 0.022 115.832 0.022
202603 0.232 116.303 0.232

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of S$0.56 mean?
Ping An Insurance (Group) Co. of China (SGX:HPAD) has a E10 of S$0.56 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ping An Insurance (Group) Co. of China and its competitors.
Is Ping An Insurance (Group) Co. of China's E10 too high?
Ping An Insurance (Group) Co. of China's current E10 is S$0.56. Overall, Ping An Insurance (Group) Co. of China has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ping An Insurance (Group) Co. of China's E10 compare to AFL and MET?
Ping An Insurance (Group) Co. of China's E10 of S$0.56 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Insurance company?
A good E10 depends on the Insurance industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ping An Insurance (Group) Co. of China and its competitors. Ping An Insurance (Group) Co. of China's current E10 is S$0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ping An Insurance (Group) Co. of China stock overvalued right now?
Based on GuruFocus' analysis, Ping An Insurance (Group) Co. of China (SGX:HPAD) is currently considered Modestly Overvalued. The stock's GF Value™ is S$3.72, compared to a current price of S$4.48 — trading 20.4% above its estimated fair value. The current E10 is S$0.56. Ping An Insurance (Group) Co. of China's overall GF Score™ is 53/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Ping An Insurance (Group) Co. of China (SGX:HPAD), the current E10 is S$0.56 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ping An Insurance (Group) Co. of China (SGX:HPAD) Overvalued in 2026?

Based on GuruFocus' analysis, Ping An Insurance (Group) Co. of China stock appears to be overvalued. The current stock price of S$4.48 is trading 20.4% above its estimated GF Value™ of S$3.72. GuruFocus considers Ping An Insurance (Group) Co. of China to be Modestly Overvalued.

Key valuation signals for SGX:HPAD:

  • E10: S$0.56
  • GF Value™: S$3.72 vs. price of S$4.48 (20.4% above fair value)
  • GF Score™: 53/100 with 3 warning signs

No single metric tells the full story. See the SGX:HPAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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
Ping An Insurance was founded in 1988 and headquartered in Shenzhen. As an integrated financial service provider, the company offers 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, and other financial services. These business segments contributed 66%, 10%, 28%, and 1% of the company's pretax profits, respectively, in 2025.
53GF Score

Get the complete analysis for SGX:HPAD

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$4.48
Price
S$3.72
GF Value