New China Life Insurance
601336.SS
$4.28
Share price
2.04%
Change (1 day)
-17.21%
Change (1 year)
Categories
New China Life Insurance Co., also known as Xinhua Baoxian Jituan (ๆฐๅไฟ้ฉ้ๅข) is a Chinese life insurance company largely owned by the Chinese government.
New China Life Insurance (601336.SS) - P/B ratio
P/B ratio as of April 2024 : 0.7178
According to New China Life Insurance
's latest financial reports the company has a price-to-book ratio of 0.7178.
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.
New China Life Insurance - P/B ratio (from 2011 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.7383 | -4.42% |
| 2022-12-31 | 0.7724 | -15.08% |
| 2021-12-31 | 0.9096 | -37.11% |
| 2020-12-31 | 1.45 | -8.57% |
| 2019-12-31 | 1.58 | -10.8% |
| 2018-12-31 | 1.77 | -41.07% |
| 2017-12-31 | 3.01 | 43.23% |
| 2016-12-31 | 2.10 | -11.33% |
| 2015-12-31 | 2.37 | -15.56% |
| 2014-12-31 | 2.81 | 60.56% |
| 2013-12-31 | 1.75 | -25.89% |
| 2012-12-31 | 2.36 | -6.99% |
| 2011-12-31 | 2.54 | |
| 2010-12-31 | N/A |