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Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
EBIT
by its Interest Expense. PICC Property and Casualty Co's
EBIT
for the
six
months ended in Jun. 2026 was HK$41,642 Mil. PICC Property and Casualty Co's Interest Expense for the
six
months ended in Jun. 2026 was HK$0 Mil.
PICC Property and Casualty Co's interest coverage for the quarter that ended in Jun. 2026 was 70.38.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for PICC Property and Casualty Co's Interest Coverage or its related term are showing as below:
HKSE:02328'
s Interest Coverage Range Over the Past 10 Years
Min: 12.6 Med: 20.08 Max: 58.3
Current: 58.3
HKSE:02328's Interest Coverage is ranked better than 73.84% of 344
companies
in the Insurance industry
Industry Median: 15.52
vs HKSE:02328: 58.30
PICC Property and Casualty Co (HKSE:02328) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
PICC Property and Casualty Co Interest Coverage Related Terms
PICC Property and Casualty Co Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
PICC Property and Casualty Co Interest Coverage Chart
HKSE:02328 vs CB, PGR, TRV: Interest Coverage Comparison
For the Insurance - Property & Casualty subindustry, PICC Property and Casualty Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
PICC Property and Casualty Co Interest Coverage vs Insurance Industry
For the Insurance industry and Financial Services sector, PICC Property and Casualty Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where PICC Property and Casualty Co's Interest Coverage falls into.
PICC Property and Casualty Co Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
PICC Property and Casualty Co (HKSE:02328) has a Interest Coverage of 70.38 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PICC Property and Casualty Co and its competitors. This is 250% above median its historical median of 20.08. Over the past decade, PICC Property and Casualty Co's Interest Coverage has ranged from 12.60 to 58.30. According to the industry distribution chart, PICC Property and Casualty Co ranks #90 out of 344 companies in the Insurance industry, placing it in the top 26.2%.
Is PICC Property and Casualty Co's Interest Coverage too high?
PICC Property and Casualty Co's current Interest Coverage of 70.38 is 250% above median its 10-year median of 20.08. Over the past 10 years, this metric has ranged from a low of 12.60 to a high of 58.30. The Insurance industry median Interest Coverage is 15.52. PICC Property and Casualty Co's value of 70.38 is 353.5% above this industry median. Based on the distribution chart, PICC Property and Casualty Co ranks #90 out of 344 companies in the Insurance industry, which is above the industry midpoint. Overall, PICC Property and Casualty Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PICC Property and Casualty Co's Interest Coverage compare to CB and PGR?
According to the Insurance industry distribution chart, PICC Property and Casualty Co ranks #90 out of 344 companies for Interest Coverage. This puts PICC Property and Casualty Co in the upper half of its industry. The industry median Interest Coverage is 15.52. PICC Property and Casualty Co's value of 70.38 is 353.5% above this benchmark. Historically, PICC Property and Casualty Co's own Interest Coverage has ranged from 12.60 to 58.30 over the past decade. While the company's 10-year median is 20.08 vs. the industry median of 15.52, PICC Property and Casualty Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Insurance company?
The median Interest Coverage among Insurance companies is 15.52, based on 344 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PICC Property and Casualty Co's current Interest Coverage of 70.38 is 353.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PICC Property and Casualty Co and its competitors. For the Insurance industry, the median Interest Coverage is 15.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PICC Property and Casualty Co's current Interest Coverage is 70.38, which is 250% above median its own 10-year median of 20.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PICC Property and Casualty Co stock overvalued right now?
Based on GuruFocus' analysis, PICC Property and Casualty Co (HKSE:02328) is currently considered Fairly Valued. The stock's GF Value™ is HK$15.89, compared to a current price of HK$17.02 — trading 7.1% above its estimated fair value. The current Interest Coverage is 70.38, which is 250% above median its 10-year median of 20.08 and 353.5% above the Insurance industry median of 15.52. PICC Property and Casualty Co's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For PICC Property and Casualty Co (HKSE:02328), the current Interest Coverage is 70.38 as of Jun. 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 PICC Property and Casualty Co (HKSE:02328) Overvalued in 2026?
Based on GuruFocus' analysis, PICC Property and Casualty Co stock appears to be overvalued.
The current stock price of HK$17.02 is trading 7.1% above its estimated GF Value™ of HK$15.89.
GuruFocus considers PICC Property and Casualty Co to be Fairly Valued.
Key valuation signals for HKSE:02328:
Interest Coverage: 70.38 (250% above median its 10-year median of 20.08)
GF Value™: HK$15.89 vs. price of HK$17.02 (7.1% above fair value)
Industry Position: 353.5% above the Insurance median (#90 of 344)
No single metric tells the full story. See the HKSE:02328 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PICC P&C is headquartered in Beijing. The company is China's largest nonlife insurer, commanding nearly 33% domestic market share. Founded by the People's Bank of China in 1949, PICC P&C operates as the flagship subsidiary of PICC Group—a state-owned insurance holding company that retains a 69% equity stake. The company underwrites a comprehensive suite of nonlife insurance products spanning auto, commercial property, liability, credit and surety, accident and health, energy and aerospace, and agricultural lines.
86GF Score
Get the complete analysis for HKSE:02328
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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