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Ping An Insurance (Group) Co. of China (SHSE:601318) EV-to-EBIT

: 1.88 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ping An Insurance (Group) Co. of China's Enterprise Value is ¥1,335,562 Mil. Ping An Insurance (Group) Co. of China's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ¥711,789 Mil. Therefore, Ping An Insurance (Group) Co. of China's EV-to-EBIT for today is 1.88.

The historical rank and industry rank for Ping An Insurance (Group) Co. of China's EV-to-EBIT or its related term are showing as below:

SHSE:601318' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.86   Med: 10.32   Max: 35.38
Current: 1.87

During the past 13 years, the highest EV-to-EBIT of Ping An Insurance (Group) Co. of China was 35.38. The lowest was 1.86. And the median was 10.32.

SHSE:601318's EV-to-EBIT is ranked better than
84.59% of 318 companies
in the Insurance industry
Industry Median: 7.935 vs SHSE:601318: 1.87

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ping An Insurance (Group) Co. of China's Enterprise Value for the quarter that ended in Dec. 2023 was ¥1,754,014 Mil. Ping An Insurance (Group) Co. of China's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ¥711,789 Mil. Ping An Insurance (Group) Co. of China's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 40.58%.


Ping An Insurance (Group) Co. of China EV-to-EBIT Historical Data

The historical data trend for Ping An Insurance (Group) Co. of China's EV-to-EBIT 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Take a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 11.70 12.33 12.79 2.76 2.46

Ping An Insurance (Group) Co. of China Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Take 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 2.76 2.28 2.45 2.49 2.46

Competitive Comparison

For the Insurance - Life subindustry, Ping An Insurance (Group) Co. of China's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

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

* The bar in red indicates where Ping An Insurance (Group) Co. of China's EV-to-EBIT falls into.



Ping An Insurance (Group) Co. of China EV-to-EBIT Calculation

Ping An Insurance (Group) Co. of China's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1335561.649/711789
=1.88

Ping An Insurance (Group) Co. of China's current Enterprise Value is ¥1,335,562 Mil.
Ping An Insurance (Group) Co. of China's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥711,789 Mil.

* 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  (SHSE:601318) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Ping An Insurance (Group) Co. of China's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=711789/1754014.06
=40.58 %

Ping An Insurance (Group) Co. of China's Enterprise Value for the quarter that ended in Dec. 2023 was ¥1,754,014 Mil.
Ping An Insurance (Group) Co. of China's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥711,789 Mil.

* 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 EV-to-EBIT Related Terms

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Ping An Insurance (Group) Co. of China (SHSE:601318) 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.

Ping An Insurance (Group) Co. of China (SHSE:601318) Headlines

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