China Life Insurance
601628.SS
#145
Rank
C$150.58 B
Marketcap
$6.52
Share price
0.71%
Change (1 day)
-1.66%
Change (1 year)

China Life Insurance Company Limited is a Chinese insurance company based in Beijing. It is the fifth largest insurer worldwide, according to Forbes.

China Life Insurance (601628.SS) - P/B ratio

P/B ratio as of September 2024 : 1.63

According to China Life Insurance's latest financial reports the company has a price-to-book ratio of 1.63.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

China Life Insurance - P/B ratio (from 2003 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.40-27.02%
2022-12-311.91778.8%
2021-12-310.2177-28.34%
2020-12-310.3037-0.1%
2019-12-310.304126.78%
2018-12-310.2398-34.96%
2017-12-310.368723.86%
2016-12-310.2977-15.44%
2015-12-310.3521-29.67%
2014-12-310.500648.08%
2013-12-310.3381-21.16%
2012-12-310.42898.94%
2011-12-310.3937-14.79%
2010-12-310.4620-26.34%
2009-12-310.627225.44%
2008-12-310.5000-40.66%
2007-12-310.84252.66%
2006-12-310.8207120.32%
2005-12-310.372541.65%
2004-12-310.2630-24.81%
2003-12-310.3497

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
1.25-23.67%๐Ÿ‡ฌ๐Ÿ‡ง UK
1.47-10.05%๐Ÿ‡บ๐Ÿ‡ธ USA
0.9936-39.17%๐Ÿ‡บ๐Ÿ‡ธ USA
2.36 44.24%๐Ÿ‡บ๐Ÿ‡ธ USA