ZhongAn Insurance (6060.HK)

P/B ratio as of October 2024 : 0.9032

According to ZhongAn Insurance 's latest financial reports the company has a price-to-book ratio of 5.12311.
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.

ZhongAn Insurance - P/B ratio (from 2018 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.18	-25.52%
2022-12-31	1.59	-5.09%
2021-12-31	1.67	-35%
2020-12-31	2.57	14.67%
2019-12-31	2.24	14.36%
2018-12-31	1.96	-85.44%
2017-12-31	13.5

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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ZhongAn Insurance (6060.HK) - P/B ratio