What is the price-to-earnings ratio of China Pacific Insurance Group Co?
The price-earnings ratio of China Pacific Insurance Group Co is currently 0.62.
China Pacific Insurance Group Co P/S 2024
China Pacific Insurance Group Co P/S
0.62
China Pacific Insurance Group Co Dividend yield
4.2 %
Ticker
601601.SS
ISIN
CNE1000008M8
As of Apr 20, 2024, China Pacific Insurance Group Co's P/S ratio stood at 0.62, a -40.38% change from the 1.04 P/S ratio recorded in the previous year.
The China Pacific Insurance Group Co P/S history
China Pacific Insurance Group Co Aktienanalyse
What does China Pacific Insurance Group Co do?
China Pacific Insurance Group Co Ltd is one of the largest insurance companies in China and was founded in 1991. The company is headquartered in Shanghai and has a large network of branches in various cities in China. The business model of China Pacific Insurance Group Co Ltd is to offer its customers various insurance products in the areas of property insurance, life insurance, and accident insurance. These divisions are divided into different business units to enable targeted customer outreach. In the field of property insurance, China Pacific Insurance Group Co Ltd offers a variety of products such as fire insurance, agricultural insurance, auto insurance, and liability insurance. This also includes business interruption insurance, which protects companies from losses due to unforeseen events. In the life insurance sector, the company places great emphasis on developing innovative products tailored to the needs of its customers. China Pacific Insurance Group Co Ltd offers both traditional and modern insurance products that provide high flexibility, individual customization, and various coverage options. In the accident insurance segment, the company offers a wide range of insurance products tailored to the various needs of individuals and businesses. These include travel accident insurance, disability insurance, bicycle accident insurance, and specialized group accident insurance. Over the years, China Pacific Insurance Group Co Ltd has also adapted and expanded its business models. The company expanded its operations and now also markets various financial services such as asset management, securities services, investment banking, and investment advisory. In recent times, China Pacific Insurance Group Co Ltd has actively participated in the development of insurance technology. The company aims to obtain valuable data sets that allow for the customization of insurance products to meet the individual needs of its customers. China Pacific Insurance Group Co Ltd has built an impressive track record over the years. The company has won significant awards in the Chinese insurance market and has maintained its position as one of the leading insurers in China. The company places great value on fulfilling its social responsibility. It has invested in several philanthropic initiatives and has conducted awards ceremonies for institutions that care for the well-being of society. Overall, China Pacific Insurance Group Co Ltd offers a wide range of insurance and financial products that meet the needs of individual customers and businesses. The company's years of experience, commitment to social responsibility, and continuous development of technology make China Pacific Insurance Group Co Ltd one of the most popular insurers in China. China Pacific Insurance Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding China Pacific Insurance Group Co's P/S Ratio
China Pacific Insurance Group Co's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing China Pacific Insurance Group Co's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating China Pacific Insurance Group Co's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in China Pacific Insurance Group Co’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about China Pacific Insurance Group Co Stock
How has the price-earnings ratio of China Pacific Insurance Group Co changed compared to last year?
The price-to-earnings ratio of China Pacific Insurance Group Co has increased by -40.38% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of China Pacific Insurance Group Co high compared to other companies?
Yes, the price-to-earnings ratio of China Pacific Insurance Group Co is high compared to other companies.
How does an increase in the price-earnings ratio of China Pacific Insurance Group Co affect the company?
An increase in the price-earnings ratio of China Pacific Insurance Group Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of China Pacific Insurance Group Co affect the company?
A decrease in the price-earnings ratio of China Pacific Insurance Group Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of China Pacific Insurance Group Co?
Some factors that influence the price-earnings ratio of China Pacific Insurance Group Co are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does China Pacific Insurance Group Co pay?
Over the past 12 months, China Pacific Insurance Group Co paid a dividend of 1.02 CNY . This corresponds to a dividend yield of about 4.2 %. For the coming 12 months, China Pacific Insurance Group Co is expected to pay a dividend of 1.17 CNY.
What is the dividend yield of China Pacific Insurance Group Co?
The current dividend yield of China Pacific Insurance Group Co is 4.2 %.
When does China Pacific Insurance Group Co pay dividends?
China Pacific Insurance Group Co pays a quarterly dividend. This is distributed in the months of July, July, August, July.
How secure is the dividend of China Pacific Insurance Group Co?
China Pacific Insurance Group Co paid dividends every year for the past 20 years.
What is the dividend of China Pacific Insurance Group Co?
For the upcoming 12 months, dividends amounting to 1.17 CNY are expected. This corresponds to a dividend yield of 4.82 %.
In which sector is China Pacific Insurance Group Co located?
China Pacific Insurance Group Co is assigned to the 'Finance' sector.
Wann musste ich die Aktien von China Pacific Insurance Group Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of China Pacific Insurance Group Co from 6/29/2023 amounting to 1.02 CNY, you needed to have the stock in your portfolio before the ex-date on 6/29/2023.
When did China Pacific Insurance Group Co pay the last dividend?
The last dividend was paid out on 6/29/2023.
What was the dividend of China Pacific Insurance Group Co in the year 2023?
In the year 2023, China Pacific Insurance Group Co distributed 1 CNY as dividends.
In which currency does China Pacific Insurance Group Co pay out the dividend?
The dividends of China Pacific Insurance Group Co are distributed in CNY.
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Andere Kennzahlen von China Pacific Insurance Group Co
Our stock analysis for China Pacific Insurance Group Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of China Pacific Insurance Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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- China Pacific Insurance Group Co Equity
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