WBO:PZX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.62 Med: 17.65 Max: 26.42
Current: 14.58
During the past 13 years, Ping An Insurance (Group) Co. of China's highest Return-on-Tangible-Equity was 26.42%. The lowest was 10.62%. And the median was 17.65%.
WBO:PZX's Return-on-Tangible-Equity is ranked better than 54.11% of 499
companies
in the Insurance industry
Industry Median: 13.52
vs WBO:PZX: 14.58
Ping An Insurance (Group) Co. of China (WBO:PZX) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Ping An Insurance (Group) Co. of China Return-on-Tangible-Equity Related Terms
Ping An Insurance (Group) Co. of China Return-on-Tangible-Equity 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.
Ping An Insurance (Group) Co. of China Return-on-Tangible-Equity Chart
Ping An Insurance (Group) Co. of China Annual Data
WBO:PZX vs AFL, MET, PRU: Return-on-Tangible-Equity Comparison
For the Insurance - Life subindustry, Ping An Insurance (Group) Co. of China's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Ping An Insurance (Group) Co. of China Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Ping An Insurance (Group) Co. of China's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ping An Insurance (Group) Co. of China's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.73% mean?
Ping An Insurance (Group) Co. of China (WBO:PZX) has a Return-on-Tangible-Equity of 10.73% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ping An Insurance (Group) Co. of China and its competitors. This is 39% below median its historical median of 17.65. Over the past decade, Ping An Insurance (Group) Co. of China's Return-on-Tangible-Equity has ranged from 10.62 to 26.42. According to the industry distribution chart, Ping An Insurance (Group) Co. of China ranks #229 out of 499 companies in the Insurance industry, placing it in the top 45.9%.
Is Ping An Insurance (Group) Co. of China's Return-on-Tangible-Equity too high?
Ping An Insurance (Group) Co. of China's current Return-on-Tangible-Equity of 10.73% is 39% below median its 10-year median of 17.65. Over the past 10 years, this metric has ranged from a low of 10.62 to a high of 26.42. The Insurance industry median Return-on-Tangible-Equity is 13.52. Ping An Insurance (Group) Co. of China's value of 10.73% is 20.6% below this industry median. Based on the distribution chart, Ping An Insurance (Group) Co. of China ranks #229 out of 499 companies in the Insurance industry, which is above the industry midpoint. Overall, Ping An Insurance (Group) Co. of China has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ping An Insurance (Group) Co. of China's Return-on-Tangible-Equity compare to AFL and MET?
According to the Insurance industry distribution chart, Ping An Insurance (Group) Co. of China ranks #229 out of 499 companies for Return-on-Tangible-Equity. This puts Ping An Insurance (Group) Co. of China in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.52. Ping An Insurance (Group) Co. of China's value of 10.73% is 20.6% below this benchmark. Historically, Ping An Insurance (Group) Co. of China's own Return-on-Tangible-Equity has ranged from 10.62 to 26.42 over the past decade. While the company's 10-year median is 17.65 vs. the industry median of 13.52, Ping An Insurance (Group) Co. of China has consistently been below 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 Return-on-Tangible-Equity for an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.52, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ping An Insurance (Group) Co. of China's current Return-on-Tangible-Equity of 10.73% is 20.6% below 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ping An Insurance (Group) Co. of China and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ping An Insurance (Group) Co. of China's current Return-on-Tangible-Equity is 10.73%, which is 39% below median its own 10-year median of 17.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ping An Insurance (Group) Co. of China stock overvalued right now?
Based on GuruFocus' analysis, Ping An Insurance (Group) Co. of China (WBO:PZX) is currently considered Fairly Valued. The stock's GF Value™ is €5.33, compared to a current price of €5.86 — trading 10% above its estimated fair value. The current Return-on-Tangible-Equity is 10.73%, which is 39% below median its 10-year median of 17.65 and 20.6% below the Insurance industry median of 13.52. Ping An Insurance (Group) Co. of China's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Ping An Insurance (Group) Co. of China (WBO:PZX), the current Return-on-Tangible-Equity is 10.73% as of Mar. 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 Ping An Insurance (Group) Co. of China (WBO:PZX) Overvalued in 2026?
Based on GuruFocus' analysis, Ping An Insurance (Group) Co. of China stock appears to be overvalued.
The current stock price of €5.86 is trading 10% above its estimated GF Value™ of €5.33.
GuruFocus considers Ping An Insurance (Group) Co. of China to be Fairly Valued.
Key valuation signals for WBO:PZX:
Return-on-Tangible-Equity: 10.73% (39% below median its 10-year median of 17.65)
GF Value™: €5.33 vs. price of €5.86 (10% above fair value)
Industry Position: 20.6% below the Insurance median (#229 of 499)
No single metric tells the full story. See the WBO:PZX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ping An Insurance (Group) Co. of China Business Description
Ping An Insurance was founded in 1988 and headquartered in Shenzhen. As an integrated financial service provider, the company offers healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, and other financial services. These business segments contributed 66%, 10%, 28%, and 1% of the company's pretax profits, respectively, in 2025.
66GF Score
Get the complete analysis for WBO:PZX
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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