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The People's Insurance Co (Group) of China (HKSE:01339) Price-to-Owner-Earnings : 1.07 (As of May. 02, 2024)


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What is The People's Insurance Co (Group) of China Price-to-Owner-Earnings?

As of today (2024-05-02), The People's Insurance Co (Group) of China's share price is HK$2.59. The People's Insurance Co (Group) of China's Owner Earnings per Share (TTM) ended in Mar. 2024 was HK$2.42. It's Price-to-Owner-Earnings for today is 1.07.


The historical rank and industry rank for The People's Insurance Co (Group) of China's Price-to-Owner-Earnings or its related term are showing as below:

HKSE:01339' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 0.94   Med: 1.03   Max: 1.2
Current: 1.07

During the past 13 years, the highest Price-to-Owner-Earnings of The People's Insurance Co (Group) of China was 1.20. The lowest was 0.94. And the median was 1.03.


HKSE:01339's Price-to-Owner-Earnings is ranked better than
92.64% of 326 companies
in the Insurance industry
Industry Median: 9.515 vs HKSE:01339: 1.07

As of today (2024-05-02), The People's Insurance Co (Group) of China's share price is HK$2.59. The People's Insurance Co (Group) of China's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.73. Therefore, The People's Insurance Co (Group) of China's PE Ratio for today is 3.54.

As of today (2024-05-02), The People's Insurance Co (Group) of China's share price is HK$2.59. The People's Insurance Co (Group) of China's EPS without NRI for the trailing twelve months (TTM) ended in was HK$0.73. Therefore, The People's Insurance Co (Group) of China's PE Ratio without NRI for today is 3.53.

During the past 13 years, The People's Insurance Co (Group) of China's highest PE Ratio without NRI was 5.77. The lowest was 2.92. And the median was 4.38.


The People's Insurance Co (Group) of China Price-to-Owner-Earnings Historical Data

The historical data trend for The People's Insurance Co (Group) of China's Price-to-Owner-Earnings 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.

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The People's Insurance Co (Group) of China Price-to-Owner-Earnings Chart

The People's Insurance Co (Group) of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.23 0.72 0.97 0.99

The People's Insurance Co (Group) of China Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 - - 0.99 -

Competitive Comparison of The People's Insurance Co (Group) of China's Price-to-Owner-Earnings

For the Insurance - Property & Casualty subindustry, The People's Insurance Co (Group) of China's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


The People's Insurance Co (Group) of China's Price-to-Owner-Earnings Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The People's Insurance Co (Group) of China's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where The People's Insurance Co (Group) of China's Price-to-Owner-Earnings falls into.



The People's Insurance Co (Group) of China Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

The People's Insurance Co (Group) of China's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=2.59/2.42
=1.07

* 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.


The People's Insurance Co (Group) of China  (HKSE:01339) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


The People's Insurance Co (Group) of China Price-to-Owner-Earnings Related Terms

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The People's Insurance Co (Group) of China (HKSE:01339) Business Description

Traded in Other Exchanges
Address
No. 88, West Chang’an Avenue, 1st-13th Floor, Xi Cheng District, Beijing, CHN, 100031
Headquartered in Beijing, PICC Group is the largest state-owned insurance group, holding a 69% stake in PICC P&C, an 80% stake in PICC Life, and a 69% stake in PICC Health Insurance. Its P&C subsidiary is the largest nonlife insurer with about one third of market share in China. Life and health insurance subsidiaries hold about 2.9% and 1.3% share, respectively. The Ministry of Finance is the largest shareholder, with 61% share. China's Social Security Fund is the group's second-largest shareholder holding nearly 13% share.

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