Ping An Insurance (Group) Company of China, Ltd.
601318
Rank in Stocks
#160
Ping An Insurance (Group) Company of China, Ltd. operates as a leading,... Ping An Insurance (Group) Company of China, Ltd. operates as a leading, diversified financial services conglomerate within the People's Republic of China. Its extensive offerings span core areas like insurance, banking, asset management, and innovative fintech and healthtech solutions. The company's Life and Health Insurance division delivers a comprehensive spectrum of coverage, including term, whole-life, endowment, annuity, investment-linked, universal life, as well as various healthcare and medical insurance products, catering to both individual and corporate clientele. Its Property and Casualty Insurance segment provides protection for automobiles, other properties, and offers accident and health insurance to a diverse customer base. Ping An's Banking arm facilitates lending and intermediary services for corporate and retail customers, while also supplying wealth management and credit card services specifically for individuals. The Trust segment focuses on offering specialized trust services and engaging in investment activities. Its Securities operations encompass brokerage, trading, investment banking, and asset management services. Additionally, the Other Asset Management segment covers investment management, finance leasing, and other related asset management solutions. The Technology segment leverages internet platforms to deliver both financial and daily-life services, exemplified by its platforms for financial transaction information and healthcare services. Beyond these primary business lines, Ping An's broad portfolio extends to numerous other specialized services. These include annuity insurance, various forms of investment and asset management (such as real estate investment and futures brokerage), IT and business process outsourcing, financial advisory, currency brokerage, property and fund agency, factoring, equity investment, financing guarantees, logistics, management consulting, and e-commerce. Uniquely, the company also operates an expressway and is involved in the production and sale of consumer chemicals. Founded in 1988, Ping An Insurance (Group) Company of China, Ltd. is headquartered in Shenzhen, China.
Share Price
$7.63
Market Cap
$128.87B
Change (1 day)
-0.51%
Change (1 year)
-6.61%
Country
CN
Trade Ping An Insurance (Group) Company of China, Ltd. (601318)
Category
Financial Services
P/E ratio for Ping An Insurance (Group) Company of China, Ltd. (601318)
P/E ratio as of October 2026 TTM: 5.78
According to Ping An Insurance (Group) Company of China, Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.78. At the end of 2024 the company had a P/E ratio of 7.35.
P/E ratio history for Ping An Insurance (Group) Company of China, Ltd. from 2003 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 5.78 | -37.15% |
| 2025 | 9.19 | 25.02% |
| 2024 | 7.35 | -11.69% |
| 2023 | 8.33 | 12.67% |
| 2022 | 7.39 | -15.39% |
| 2021 | 8.73 | -18.70% |
| 2020 | 10.74 | 5.70% |
| 2019 | 10.16 | 10.88% |
| 2018 | 9.17 | -36.96% |
| 2017 | 14.54 | 43.63% |
| 2016 | 10.12 | -15.80% |
| 2015 | 12.02 | -20.56% |
| 2014 | 15.13 | 29.51% |
| 2013 | 11.69 | -34.74% |
| 2012 | 17.91 | 29.90% |
| 2011 | 13.78 | -43.55% |
| 2010 | 24.42 | -16.25% |
| 2009 | 29.15 | -79.18% |
| 2008 | 140.00 | 186.80% |
| 2007 | 48.82 | 24.12% |
| 2006 | 39.33 | -54.49% |
| 2005 | 86.41 | -21.88% |
| 2004 | 110.61 | -19.25% |
| 2003 | 136.98 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 15.92 | 175.67% |
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| - | - |
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| - | - |
CH
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FR
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| - | - |
IT
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How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.