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New China Life Insurance Co (HKSE:01336) Valuation Rank


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What is New China Life Insurance Co Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

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New China Life Insurance Co (HKSE:01336) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » New China Life Insurance Co Ltd (HKSE:01336) » Definitions » Valuation Rank
Comparable Companies
SZSE:002423 SZSE:000627 SHSE:601601 SHSE:601628 SHSE:601318 HKSE:01299 BOM:543526 AFL MET PRU TSX:MFC LSE:PRU TSX:GWO TPE:2881 TSE:8750 TPE:2882 BOM:540777 BOM:540719 TSX:POW GL
Traded in Other Exchanges
NWWCF:USA NCL:Germany 601336:China
Address
A12 Jianguomenwai Avenue, New China Insurance Tower, Chaoyang District, Beijing, CHN, 100022
Website
https://www.newchinalife.com
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).