Ping An Insurance
601318.SS
$5.73
Share price
1.14%
Change (1 day)
-14.22%
Change (1 year)
Categories
Ping An Insurance (601318.SS) - P/B ratio
P/B ratio as of April 2024 : 0.5498
According to Ping An Insurance's latest financial reports the company has a price-to-book ratio of 0.5498.
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.
Ping An Insurance - P/B ratio (from 2007 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.5457 | -21.61% |
| 2022-12-31 | 0.6961 | -15.51% |
| 2021-12-31 | 0.8239 | -47.12% |
| 2020-12-31 | 1.56 | -13.88% |
| 2019-12-31 | 1.81 | 16.67% |
| 2018-12-31 | 1.55 | -27.62% |
| 2017-12-31 | 2.14 | 62.21% |
| 2016-12-31 | 1.32 | -17.01% |
| 2015-12-31 | 1.59 | -9.43% |
| 2014-12-31 | 1.76 | 13.96% |
| 2013-12-31 | 1.54 | -15.01% |
| 2012-12-31 | 1.81 | 5.66% |
| 2011-12-31 | 1.72 | -58.23% |
| 2010-12-31 | 4.11 | -9.54% |
| 2009-12-31 | 4.54 | 44.11% |
| 2008-12-31 | 3.15 | -51.21% |
| 2007-12-31 | 6.46 | |
| 2006-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 China Life Insurance 601628.SS | 1.50 | 173.29% | 🇨🇳 China |
 Manulife Financial MFC | 1.15 | 109.12% | 🇨🇦 Canada |
 Prudential PUK | 1.46 | 166.21% | 🇬🇧 UK |