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China Life Insurance Co Stock

China Life Insurance Co P/E 2024

China Life Insurance Co P/E

29.86

Ticker

601628.SS

ISIN

CNE000001Q93

WKN

A0M4XJ

As of Jul 31, 2024, China Life Insurance Co's P/E ratio was 29.86, a -41% change from the 50.61 P/E ratio recorded in the previous year.

The China Life Insurance Co P/E history

China Life Insurance Co Aktienanalyse

What does China Life Insurance Co do?

China Life Insurance Co Ltd is one of the largest life and pension insurance companies in China, with a history dating back to 1949. The company was originally established as People's Insurance Company of China and later renamed China Life Insurance Co Ltd. Since its founding, the company has become a major player in the life and pension insurance industry in China. Offering a wide range of insurance products and services, the company serves millions of customers throughout China. China Life Insurance Co Ltd offers various products to its customers, including life insurance, pension insurance, accident insurance, health insurance, and travel insurance. Each product offers a variety of options and plan variations to meet the individual needs and requirements of customers. The life insurance products of China Life Insurance Co Ltd provide financial security for family members in the event of the policyholder's death. In the event of the policyholder's death, the company pays a sum to the named beneficiaries to provide financial support. Pension insurance products provide customers with a regular source of income during retirement. Pension insurance can be paid as a lump sum or in regular installments. This product offers financial stability to finance the retirement lifestyle. Accident insurance provides financial support in the event of accidents, disabilities, or deaths resulting from accidents. These insurances help family members cover the costs resulting from the accident. Health insurance covers the medical expenses of the insured and provides support in covering medication, doctor's bills, and hospital stays. This provides financial stability and certainty for unexpected medical expenses. Travel insurance covers the costs incurred during a trip. Insured individuals are protected by travel insurance against unforeseen incidents such as illness, injury, and theft. China Life Insurance Co Ltd also offers investment products. These investment products include bonds, stocks, funds, and a variety of investment options. China Life Insurance Co Ltd offers its customers the opportunity to diversify their portfolio in various ways, thereby minimizing their risk. The various divisions of China Life Insurance Co Ltd include property and casualty insurance, travel insurance, and life insurance. Under life insurance, one can classify pension insurance, savings insurance, and health insurance. These divisions offer customers a wide range of insurance products and services to meet their needs and requirements. To lead and manage the company, China Life Insurance Co Ltd has an experienced management team with a wide range of business experiences. The team works together to understand the needs of customers and achieve both the financial and operational goals of the company. Overall, China Life Insurance Co Ltd is a company with a long history and a wide range of insurance products and services. The company has become a leading player in the insurance industry in China, serving millions of customers nationwide. The company focuses on providing financial stability and support to its customers to cover retirement lifestyles, economic difficulties, accidents, and medical expenses. China Life Insurance Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering China Life Insurance Co's P/E Ratio

The Price to Earnings (P/E) Ratio of China Life Insurance Co is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing China Life Insurance Co's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of China Life Insurance Co is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in China Life Insurance Co’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about China Life Insurance Co stock

What is the price-to-earnings ratio of China Life Insurance Co?

The price-earnings ratio of China Life Insurance Co is currently 29.86.

How has the price-earnings ratio of China Life Insurance Co changed compared to last year?

The price-to-earnings ratio of China Life Insurance Co has increased by -41% 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 Life Insurance Co high compared to other companies?

Yes, the price-to-earnings ratio of China Life Insurance Co is high compared to other companies.

How does an increase in the price-earnings ratio of China Life Insurance Co affect the company?

An increase in the price-earnings ratio of China Life Insurance 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 Life Insurance Co affect the company?

A decrease in the price-earnings ratio of China Life Insurance 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 Life Insurance Co?

Some factors that influence the price-earnings ratio of China Life Insurance Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does China Life Insurance Co pay?

Over the past 12 months, China Life Insurance Co paid a dividend of 0.49 CNY . This corresponds to a dividend yield of about 1.58 %. For the coming 12 months, China Life Insurance Co is expected to pay a dividend of 0.51 CNY.

What is the dividend yield of China Life Insurance Co?

The current dividend yield of China Life Insurance Co is 1.58 %.

When does China Life Insurance Co pay dividends?

China Life Insurance Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of China Life Insurance Co?

China Life Insurance Co paid dividends every year for the past 22 years.

What is the dividend of China Life Insurance Co?

For the upcoming 12 months, dividends amounting to 0.51 CNY are expected. This corresponds to a dividend yield of 1.64 %.

In which sector is China Life Insurance Co located?

China Life Insurance Co is assigned to the 'Finance' sector.

Wann musste ich die Aktien von China Life Insurance Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Life Insurance Co from 7/13/2023 amounting to 0.49 CNY, you needed to have the stock in your portfolio before the ex-date on 7/13/2023.

When did China Life Insurance Co pay the last dividend?

The last dividend was paid out on 7/13/2023.

What was the dividend of China Life Insurance Co in the year 2023?

In the year 2023, China Life Insurance Co distributed 0.65 CNY as dividends.

In which currency does China Life Insurance Co pay out the dividend?

The dividends of China Life Insurance Co are distributed in CNY.

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Andere Kennzahlen von China Life Insurance Co

Our stock analysis for China Life Insurance 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 Life Insurance Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.