China Life Insurance (601628.SS) Price/Book Ratio
Market Cap: $911.81B
Avg Volume: 13.43M
Industry: Insurance - Life
Sector: Financial Services
What is China Life Insurance's Price/Book Ratio?
- China Life Insurance's trailing twelve month (TTM) Price/Book ratio is 1.89.
- China Life Insurance's annual Price/Book ratio as of today is 1.73.
- China Life Insurance's quarterly Price/Book ratio is 2.19.
What is the Price/Book Ratio?
The Price/Book (P/B) ratio is a financial metric that compares a company's market value to its book value. It is calculated by dividing the company's stock price by its book value per share. A lower P/B ratio may indicate that the stock is undervalued.
How is the Price/Book Ratio Calculated?
P/B Ratio = (Market Price per Share) / (Book Value per Share)
Related Metrics
Other important metrics to assess China Life Insurance's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 37.80
- Quarterly: 4.69
- TTM: 9.76
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 1.09
- Quarterly: 6.52
- TTM: 1.84
- P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 2.06
- Quarterly: 11.21
- TTM: 2.02
- PEG Ratio (Price/Earnings to Growth Ratio) - measures the ratio of the P/E ratio to the company's expected earnings growth rate:
- Annual: -1.10
- Quarterly: 0.02
- TTM: 0.03
These metrics provide insights into China Life Insurance's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Price/Book Ratio
1.73
Quarterly Price/Book Ratio
2.19
TTM Price/Book Ratio
1.89
China Life Insurance Historical Price/Book Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/C Ratio
Historical PEG Ratio
China Life Insurance Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Price/Book Ratio | P/E Ratio | P/S Ratio | P/C Ratio | PEG Ratio |
|---|---|---|---|---|---|
| 2023 | 1.73 | 37.80 | 1.09 | 2.06 | -1.10 |
| 2022 | 2.41 | 32.70 | 1.31 | 2.98 | -0.89 |
| 2021 | 1.78 | 16.75 | 1.03 | 2.97 | 14.91 |
| 2020 | 2.41 | 21.59 | 1.35 | 3.57 | -1.64 |
| 2019 | 2.44 | 16.91 | 1.35 | 3.45 | 0.04 |
| 2018 | 1.77 | 49.48 | 0.90 | 3.82 | -0.77 |
| 2017 | 2.68 | 26.71 | 1.34 | 4.29 | 0.38 |
| 2016 | 2.24 | 35.63 | 1.26 | 7.65 | -0.78 |
| 2015 | 2.48 | 23.07 | 1.58 | -42.55 | 3.29 |
| 2014 | 3.39 | 29.93 | 2.19 | 12.32 | 1.01 |
Related Metrics
Explore detailed financial metrics and analysis for 601628.SS.