Ping An Insurance (Group) of China (601318.SS) Market Cap
Market Cap: $881.80B
Avg Volume: 58.55M
Industry: Insurance - Life
Sector: Financial Services
Market Cap Overview
Market Cap
$881.80B
Share Price
$51.95
Shares Outstanding
16.97B
What is Ping An Insurance (Group) of China's Market Cap?
Ping An Insurance (Group) of China's current Market Cap as of today is $881.80B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Ping An Insurance (Group) of China, the market cap is calculated as $51.95 x 16.97B shares = $881.80B.
As a Mega Cap company, Ping An Insurance (Group) of China is among the largest companies in the world.
Ping An Insurance (Group) of China Historical Market Cap
Ping An Insurance (Group) of China Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Ping An Insurance (Group) of China, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Ping An Insurance (Group) of China's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $881.80B
- Total Debt: $1.40T
- Cash and Equivalents: $950.37B
- Enterprise Value: $1.40T
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
Ping An Insurance (Group) of China Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $881.80B | -7.51% |
| 2024 | $953.37B | 36.47% |
| 2023 | $698.59B | -14.84% |
| 2022 | $820.34B | -7.57% |
| 2021 | $887.57B | -42.27% |
| 2020 | $1.54T | 1.24% |
| 2019 | $1.52T | 54.25% |
| 2018 | $984.48B | -24.00% |
| 2017 | $1.30T | 105.08% |
| 2016 | $631.61B | -3.07% |
| 2015 | $651.64B | 9.62% |
| 2014 | $594.43B | 80.68% |
| 2013 | $328.99B | -8.36% |
| 2012 | $359.00B | 33.73% |
| 2011 | $268.44B | -36.49% |
| 2010 | $422.69B | 4.44% |
| 2009 | $404.74B | 103.88% |
| 2008 | $198.52B | -73.04% |
| 2007 | $736.43B | 155.04% |
| 2006 | $288.74B | 0.09% |
| 2005 | $288.48B | 0.00% |
| 2004 | $288.48B | 0.00% |
| 2003 | $288.48B | N/A |
Frequently Asked Questions
Related Metrics
Explore detailed financial metrics and analysis for 601318.SS.