Ping An Insurance (Group) Co. of China Ltd Class H PIAIF

Morningstar Rating
$7.07 +0.64 (9.95%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

PIAIF is trading at a 24% premium.
Price
$6.43
Fair Value
$8.11
Uncertainty
Very High
1-Star Price
$37.80
5-Star Price
$6.83
Economic Moat
Wkgt
Capital Allocation
Wprlkjy

News

Trading Information

Previous Close Price
$6.43
Day Range
$7.027.30
52-Week Range
$3.907.30
Bid/Ask
$7.07 / $7.60
Market Cap
$128.75 Bil
Volume/Avg
83,207 / 91,329

Key Statistics

Price/Earnings (Normalized)
10.12
Price/Sales
1.13
Dividend Yield (Trailing)
4.84%
Dividend Yield (Forward)
4.84%
Total Yield
4.84%

Company Profile

Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company has a focus on the offerings of healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services, and technology. These business segments contributed 89%, 8%, 23%, -18%, and 2% of the company’s operating profits, respectively, in 2023.
Sector
Financial Services
Industry
Insurance - Life
Stock Style Box
Large Value
Total Number of Employees
288,751

Competitors

Valuation

Metric
PIAIF
601628
01299
Price/Earnings (Normalized)
10.1252.4621.06
Price/Book Value
1.002.522.58
Price/Sales
1.132.435.61
Price/Cash Flow
1.833.02
Price/Earnings
PIAIF
601628
01299

Financial Strength

Metric
PIAIF
601628
01299
Quick Ratio
Current Ratio
Interest Coverage
1.0212.10
Quick Ratio
No chart available

Profitability

Metric
PIAIF
601628
01299
Return on Assets (Normalized)
0.98%0.95%2.23%
Return on Equity (Normalized)
12.58%12.06%15.38%
Return on Invested Capital (Normalized)
7.94%5.76%12.10%
Return on Assets
PIAIF
601628
01299

Insurance - Life Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
China Life Insurance Co Ltd Class H
CILJF
Jdpbh$146.7 Bil
Ping An Insurance (Group) Co. of China Ltd ADR
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AIA Group Ltd ADR
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Aflac Inc
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MetLife Inc
MET
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Manulife Financial Corp
MFC
KbmckklgWnqfg$52.5 Bil
Prudential Financial Inc
PRU
JlftmjsNrw$42.5 Bil
Prudential PLC ADR
PUK
XkthwwcgxPqjc$24.9 Bil

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