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New China Life Insurance Co (SHSE:601336) EV-to-EBITDA

: 1.12 (As of Today)
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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, New China Life Insurance Co's enterprise value is ¥74,011 Mil. New China Life Insurance Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was ¥66,073 Mil. Therefore, New China Life Insurance Co's EV-to-EBITDA for today is 1.12.

The historical rank and industry rank for New China Life Insurance Co's EV-to-EBITDA or its related term are showing as below:

SHSE:601336' s EV-to-EBITDA Range Over the Past 10 Years
Min: 0.83   Med: 1.27   Max: 4.59
Current: 1.16

During the past 13 years, the highest EV-to-EBITDA of New China Life Insurance Co was 4.59. The lowest was 0.83. And the median was 1.27.

SHSE:601336's EV-to-EBITDA is ranked better than
88.31% of 325 companies
in the Insurance industry
Industry Median: 7.47 vs SHSE:601336: 1.16

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-24), New China Life Insurance Co's stock price is ¥30.33. New China Life Insurance Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was ¥2.790. Therefore, New China Life Insurance Co's PE Ratio for today is 10.87.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


New China Life Insurance Co EV-to-EBITDA Historical Data

The historical data trend for New China Life Insurance Co's EV-to-EBITDA 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.

New China Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.87 1.42

New China Life Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 0.87 0.83 1.11 1.25 1.42

Competitive Comparison

For the Insurance - Life subindustry, New China Life Insurance Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


New China Life Insurance Co EV-to-EBITDA Distribution

For the Insurance industry and Financial Services sector, New China Life Insurance Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where New China Life Insurance Co's EV-to-EBITDA falls into.



New China Life Insurance Co EV-to-EBITDA Calculation

New China Life Insurance Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=74011.332/66073
=1.12

New China Life Insurance Co's current Enterprise Value is ¥74,011 Mil.
New China Life Insurance Co's EBITDA 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 ¥66,073 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.


New China Life Insurance Co  (SHSE:601336) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

New China Life Insurance Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=30.33/2.790
=10.87

New China Life Insurance Co's share price for today is ¥30.33.
New China Life Insurance Co's Earnings per Share (Diluted) 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 ¥2.790.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


New China Life Insurance Co EV-to-EBITDA Related Terms

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


New China Life Insurance Co (SHSE:601336) Business Description

Traded in Other Exchanges
Address
A12 Jianguomenwai Avenue, New China Insurance Tower, Chaoyang District, Beijing, CHN, 100022
Headquartered in Beijing, New China Life Insurance, or NCI, was founded by SOEs and private firms in 1996. The company is the fourth-largest life insurer in China in terms of total assets. Huijin Investment, the government's investment company owns 31% shares of New China Life. The company was listed on the Hong Kong and Shanghai Stock Exchanges in 2011. New China Life offers comprehensive life insurance products and services to individual customers and institutional customers through nationwide distributional networks and diversified marketing channels, manages and deploys insurance funds through its subsidiaries, including Asset Management Company and Asset Management Company (Hong Kong).

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