GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sunshine Insurance Group Co Ltd (HKSE:06963) » Definitions » PE Ratio (TTM)

Sunshine Insurance Group Co (HKSE:06963) PE Ratio (TTM) : 7.61 (As of Dec. 14, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Sunshine Insurance Group Co PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-12-14), Sunshine Insurance Group Co's share price is HK$2.80. Sunshine Insurance Group Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.37. Therefore, Sunshine Insurance Group Co's PE Ratio (TTM) for today is 7.61.


The historical rank and industry rank for Sunshine Insurance Group Co's PE Ratio (TTM) or its related term are showing as below:

HKSE:06963' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 6.07   Med: 8.76   Max: 12.43
Current: 7.61


During the past 5 years, the highest PE Ratio (TTM) of Sunshine Insurance Group Co was 12.43. The lowest was 6.07. And the median was 8.76.


HKSE:06963's PE Ratio (TTM) is ranked better than
74.33% of 413 companies
in the Insurance industry
Industry Median: 11.51 vs HKSE:06963: 7.61

Sunshine Insurance Group Co's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$0.29. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.37.

As of today (2024-12-14), Sunshine Insurance Group Co's share price is HK$2.80. Sunshine Insurance Group Co's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.37. Therefore, Sunshine Insurance Group Co's PE Ratio without NRI for today is 7.61.

During the past 5 years, Sunshine Insurance Group Co's highest PE Ratio without NRI was 12.43. The lowest was 6.07. And the median was 8.76.

Sunshine Insurance Group Co's EPS without NRI for the six months ended in Jun. 2024 was HK$0.29. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.37.

During the past 12 months, Sunshine Insurance Group Co's average EPS without NRI Growth Rate was -18.40% per year. During the past 3 years, the average EPS without NRI Growth Rate was -15.40% per year.

During the past 5 years, Sunshine Insurance Group Co's highest 3-Year average EPS without NRI Growth Rate was -0.80% per year. The lowest was -15.40% per year. And the median was -8.10% per year.

Sunshine Insurance Group Co's EPS (Basic) for the six months ended in Jun. 2024 was HK$0.29. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.37.


Sunshine Insurance Group Co PE Ratio (TTM) Historical Data

The historical data trend for Sunshine Insurance Group Co's PE Ratio (TTM) 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.

Sunshine Insurance Group Co PE Ratio (TTM) Chart

Sunshine Insurance Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio (TTM)
N/A N/A N/A 11.42 12.43

Sunshine Insurance Group Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only At Loss 11.42 At Loss 12.43 At Loss

Competitive Comparison of Sunshine Insurance Group Co's PE Ratio (TTM)

For the Insurance - Property & Casualty subindustry, Sunshine Insurance Group Co's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Sunshine Insurance Group Co's PE Ratio (TTM) Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sunshine Insurance Group Co's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Sunshine Insurance Group Co's PE Ratio (TTM) falls into.



Sunshine Insurance Group Co PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Sunshine Insurance Group Co's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=2.80/0.368
=7.61

Sunshine Insurance Group Co's Share Price of today is HK$2.80.
For company reported semi-annually, Sunshine Insurance Group Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.37.

* 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.

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

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Sunshine Insurance Group Co  (HKSE:06963) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Sunshine Insurance Group Co PE Ratio (TTM) Related Terms

Thank you for viewing the detailed overview of Sunshine Insurance Group Co's PE Ratio (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunshine Insurance Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7002, Hongli West Road, 17th Floor, Block A First World Plaza, Futian District, Shenzhen, CHN, 518034
Website
Sunshine Insurance Group Co Ltd is mainly engaged in the insurance business. The company has three operating segments; The life insurance segment offers a wide range of life insurance products mainly by Sunshine Life, The property and casualty insurance segment offers a wide range of property and casualty insurance products mainly by Sunshine P&C and Sunshine Surety, and Other businesses segment mainly provides corporation management and assets management services. It derives a majority of its revenue from the property and casualty insurance segment.
Executives
Hua Tai Zi Jin Tou Zi You Xian Ze Ren Gong Si
Hua Tai Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Qian Hai Rui Lian Qi Hao Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing Hong Yu Zi Xun Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Shan Rui Lian Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Nan Jing Hua Tai Rui Lian Bing Gou Ji Jin Yi Hao You Xian He Huo 2201 Interest of corporation controlled by you
Nan Jing Rui Lian Guan Li Zi Xun He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Jiang Su Hua Tai Rui Lian Bing Gou Ji Jin You Xian He Huo 2201 Interest of corporation controlled by you
Jiang Su Tian Cheng Wu Ye Fa Zhan You Xian Ze Ren Gong Si 2101 Beneficial owner
Bei Jing Lin Qi Hao Rui Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Xi Zang Hong Yu Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Shi You Hua Gong Ji Tuan You Xian Gong Si 2101 Beneficial owner
Zhong Guo Cheng Tong Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Dynamic Sunrise Limited
Wong Kwong Miu

Sunshine Insurance Group Co Headlines

No Headlines