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ZhongAn Online P&C Insurance Co (HKSE:06060) Median PS Value : HK$0.00 (As of May. 23, 2024)


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What is ZhongAn Online P&C Insurance Co Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. ZhongAn Online P&C Insurance Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$21.755. ZhongAn Online P&C Insurance Co's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is HK$0.00.

As of today (2024-05-23), ZhongAn Online P&C Insurance Co's share price is HK$14.08. ZhongAn Online P&C Insurance Co's Median PS Value is HK$0.00. Therefore, ZhongAn Online P&C Insurance Co's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for ZhongAn Online P&C Insurance Co's Median PS Value or its related term are showing as below:

HKSE:06060's Price-to-Median-PS-Value is not ranked *
in the Insurance industry.
Industry Median: 0.97
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

ZhongAn Online P&C Insurance Co Median PS Value Historical Data

The historical data trend for ZhongAn Online P&C Insurance Co's Median PS Value 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.

ZhongAn Online P&C Insurance Co Median PS Value Chart

ZhongAn Online P&C Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
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ZhongAn Online P&C Insurance Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of ZhongAn Online P&C Insurance Co's Median PS Value

For the Insurance - Property & Casualty subindustry, ZhongAn Online P&C Insurance Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


ZhongAn Online P&C Insurance Co's Price-to-Median-PS-Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ZhongAn Online P&C Insurance Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where ZhongAn Online P&C Insurance Co's Price-to-Median-PS-Value falls into.



ZhongAn Online P&C Insurance Co Median PS Value Calculation

ZhongAn Online P&C Insurance Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=21.755*0
=0.00

10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ZhongAn Online P&C Insurance Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$21.755.

* 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.


ZhongAn Online P&C Insurance Co  (HKSE:06060) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

ZhongAn Online P&C Insurance Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=14.08/0.00
=

* 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.


ZhongAn Online P&C Insurance Co Median PS Value Related Terms

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ZhongAn Online P&C Insurance Co (HKSE:06060) Business Description

Traded in Other Exchanges
Address
219 Yuanmingyuan Road, Shanghai, CHN
ZhongAn was founded by Ant Financial, Tencent, Ping An Insurance, and other well-known enterprises in 2013 and is headquartered in Shanghai. The company is the first internet-based insurance company in China. It provides online underwriting and claim services through the internet without any offline branches. ZhongAn was listed in September 2017 in Hong Kong. Besides the online insurance segment, the company operates technology and banking segments. Its insurance technology segment exports digital operating system, middle platforms, and industry models to licensed financial players both domestically and overseas. Its banking segment, through Hong Kong-based virtual bank ZA Bank, offers similar services as traditional offline banks but without an offline presence.

ZhongAn Online P&C Insurance Co (HKSE:06060) Headlines

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