China Life Insurance
601628.SS
$4.08
Share price
1.69%
Change (1 day)
-23.74%
Change (1 year)
Categories
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 April 2024 : 1.48
According to China Life Insurance's latest financial reports the company has a price-to-book ratio of 1.48.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.47 | -22.99% |
| 2022-12-31 | 1.91 | 778.8% |
| 2021-12-31 | 0.2177 | -28.34% |
| 2020-12-31 | 0.3037 | -0.1% |
| 2019-12-31 | 0.3041 | 26.78% |
| 2018-12-31 | 0.2398 | -34.96% |
| 2017-12-31 | 0.3687 | 23.86% |
| 2016-12-31 | 0.2977 | -15.44% |
| 2015-12-31 | 0.3521 | -29.67% |
| 2014-12-31 | 0.5006 | 48.08% |
| 2013-12-31 | 0.3381 | -21.16% |
| 2012-12-31 | 0.4289 | 8.94% |
| 2011-12-31 | 0.3937 | -14.79% |
| 2010-12-31 | 0.4620 | -26.34% |
| 2009-12-31 | 0.6272 | 25.44% |
| 2008-12-31 | 0.5000 | -40.66% |
| 2007-12-31 | 0.8425 | 2.66% |
| 2006-12-31 | 0.8207 | 120.32% |
| 2005-12-31 | 0.3725 | 41.65% |
| 2004-12-31 | 0.2630 | -24.81% |
| 2003-12-31 | 0.3497 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Aflac AFL | 2.19 | 48.15% | 🇺🇸 USA |
 Unum UNM | 1.02 | -30.95% | 🇺🇸 USA |
 Prudential PUK | 1.46 | -1.52% | 🇬🇧 UK |
 CNO Financial Group
CNO | 1.32 | -10.86% | 🇺🇸 USA |