China Pacific Insurance (Group) Co (SHSE:601601) Shiller PE Ratio : 10.16 (As of May. 02, 2024)

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What is China Pacific Insurance (Group) Co Shiller PE Ratio?

As of today (2024-05-02), China Pacific Insurance (Group) Co's current share price is ¥25.80. China Pacific Insurance (Group) Co's E10 for the quarter that ended in Mar. 2024 was ¥2.54. China Pacific Insurance (Group) Co's Shiller PE Ratio for today is 10.16.

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

SHSE:601601' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.93 Med: 21.62 Max: 40.8
Current: 10.15

During the past years, China Pacific Insurance (Group) Co's highest Shiller PE Ratio was 40.80. The lowest was 7.93. And the median was 21.62.

SHSE:601601's Shiller PE Ratio is ranked better than
67.77% of 363 companies
in the Insurance industry
Industry Median: 13.14 vs SHSE:601601: 10.15

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

China Pacific Insurance (Group) Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥1.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥2.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

China Pacific Insurance (Group) Co Shiller PE Ratio Historical Data

The historical data trend for China Pacific Insurance (Group) Co's Shiller PE Ratio 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.

China Pacific Insurance (Group) Co Shiller PE Ratio Chart

China Pacific Insurance (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

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23.22

21.69

13.86

10.62

9.66

China Pacific Insurance (Group) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Shiller PE Ratio	Get a 7-Day Free Trial															10.80	10.75	11.68	9.66	9.05

Competitive Comparison of China Pacific Insurance (Group) Co's Shiller PE Ratio

For the Insurance - Life subindustry, China Pacific Insurance (Group) Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.

China Pacific Insurance (Group) Co's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where China Pacific Insurance (Group) Co's Shiller PE Ratio falls into.

China Pacific Insurance (Group) Co Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

China Pacific Insurance (Group) Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	25.80	/	2.54
	=	10.16

China Pacific Insurance (Group) Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, China Pacific Insurance (Group) Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS	=	Earnings per Share (Diluted)	/	CPI of Mar. 2024 (Change)	*	Current CPI (Mar. 2024)
	=	1.22	/	114.6694	*	114.6694
	=	1.220

Current CPI (Mar. 2024) = 114.6694.

China Pacific Insurance (Group) Co Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201406	0.410	98.200	0.479
201409	0.230	98.900	0.267
201412	0.230	99.000	0.266
201503	0.540	99.900	0.620
201506	0.710	99.500	0.818
201509	0.410	100.500	0.468
201512	0.300	100.600	0.342
201603	0.240	102.200	0.269
201606	0.440	101.400	0.498
201609	0.300	102.400	0.336
201612	0.360	102.600	0.402
201703	0.220	103.200	0.244
201706	0.500	103.100	0.556
201709	0.490	104.100	0.540
201712	0.410	104.500	0.450
201803	0.410	105.300	0.446
201806	0.500	104.900	0.547
201809	0.490	106.600	0.527
201812	0.590	106.500	0.635
201903	0.600	107.700	0.639
201906	1.190	107.700	1.267
201909	0.740	109.800	0.773
201912	0.530	111.200	0.547
202003	0.930	112.300	0.950
202006	0.640	110.400	0.665
202009	0.560	111.700	0.575
202012	0.510	111.500	0.524
202103	0.890	112.662	0.906
202106	0.910	111.769	0.934
202109	0.560	112.215	0.572
202112	0.430	113.108	0.436
202203	0.950	114.335	0.953
202206	1.140	114.558	1.141
202209	1.090	115.339	1.084
202212	0.710	115.116	0.707
202303	1.210	115.116	1.205
202306	0.700	114.558	0.701
202309	0.500	115.339	0.497
202312	0.420	114.669	0.420
202403	1.220	114.669	1.220

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

China Pacific Insurance (Group) Co (SHSE:601601) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.

Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.

China Pacific Insurance (Group) Co Shiller PE Ratio Related Terms

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China Pacific Insurance (Group) Co (SHSE:601601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Pacific Insurance (Group) Co Ltd (SHSE:601601) » Definitions » Shiller PE Ratio

Comparable Companies

Traded in Other Exchanges

02601:Hong Kong CPIC:UK 75C:Germany

Address

1 South Zhongshan Road, Huangpu, Shanghai, CHN, 200010

Website

https://www.cpic.com.cn

China Pacific Insurance was established in 1988, with headquarter in Beijing. The company is one of the largest providers of life and general insurance products and services. It is China's third-largest life insurer and third-largest general property and casualty insurer. The company strives for an integrated financial services platform that consists of insurance, banking, and asset management.

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