China Life Insurance
601628.SS
#108
Rank
NZ$250.13 B
Marketcap
$10.53
Share price
-2.34%
Change (1 day)
49.09%
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 November 2024 : 1.74

According to China Life Insurance's latest financial reports the company has a price-to-book ratio of 1.87164.
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 2007 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.40-27.62%
2022-12-311.9433.79%
2021-12-311.45-27.05%
2020-12-311.98-6.72%
2019-12-312.1328.96%
2018-12-311.65-31.79%
2017-12-312.4216.94%
2016-12-312.07-9.52%
2015-12-312.29-26.4%
2014-12-313.1151.57%
2013-12-312.05-23.46%
2012-12-312.687.03%
2011-12-312.50-18.37%
2010-12-313.06-28.45%
2009-12-314.2837.99%
2008-12-313.10-64.11%
2007-12-318.65
2006-12-31N/A
2005-12-31N/A
2004-12-31N/A
2003-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
1.19-31.56%๐Ÿ‡ฌ๐Ÿ‡ง UK
1.49-14.53%๐Ÿ‡บ๐Ÿ‡ธ USA
1.22-30.12%๐Ÿ‡บ๐Ÿ‡ธ USA
2.48 42.71%๐Ÿ‡บ๐Ÿ‡ธ USA