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China Life Insurance Co PB Ratio

: 1.14 (As of Today)
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As of today (2020-08-03), China Life Insurance Co's share price is $11.58. China Life Insurance Co's Book Value per Share for the fiscal year that ended in Dec. 2019 was $10.18. Hence, China Life Insurance Co's P/B Ratio of today is 1.14.

NYSE:LFC' s PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 2.46   Max: 4.44
Current: 2.56

1.67
4.44

During the past 13 years, China Life Insurance Co's highest P/B Ratio was 4.44. The lowest was 1.67. And the median was 2.46.

NYSE:LFC's PB Ratio is ranked lower than
83% of the 465 Companies
in the Insurance industry.

( Industry Median: 1.02 vs. NYSE:LFC: 2.56 )

During the past 12 months, China Life Insurance Co's average Book Value Per Share Growth Rate was 26.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Life Insurance Co was 43.00% per year. The lowest was -0.40% per year. And the median was 10.65% per year.

Back to Basics: P/B Ratio


China Life Insurance Co PB Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

China Life Insurance Co Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.81 1.66 1.81 1.28 1.36

China Life Insurance Co Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.81 1.45 1.28 1.31 1.36

Competitive Comparison
* 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.


China Life Insurance Co PB Ratio Distribution

* The bar in red indicates where China Life Insurance Co's PB Ratio falls into.



China Life Insurance Co PB Ratio Calculation

China Life Insurance Co's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: Dec. 2019)
=11.58/10.184
=1.14

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and Price-to-Book Ratio is that book value other than intangibles are used in the calculation.


China Life Insurance Co  (NYSE:LFC) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PS Ratio or Price-to-Free-Cash-Flow, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


China Life Insurance Co PB Ratio Related Terms


China Life Insurance Co PB Ratio Headlines

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