China Taiping Insurance Holdings Co P/E 2024

China Taiping Insurance Holdings Co P/E

4.31

China Taiping Insurance Holdings Co Dividend yield

3 %

Ticker

966.HK

ISIN

HK0000055878

WKN

A0YA1F

As of May 25, 2024, China Taiping Insurance Holdings Co's P/E ratio was 4.31, a -20.48% change from the 5.42 P/E ratio recorded in the previous year.

The China Taiping Insurance Holdings Co P/E history

China Taiping Insurance Holdings Co Aktienanalyse

What does China Taiping Insurance Holdings Co do?

China Taiping Insurance Holdings Co Ltd is a Chinese company headquartered in Hong Kong. It was established in 2000 and is one of the largest insurance companies in the country. The company offers a wide range of insurance products, including life insurance, property insurance, health insurance, and travel insurance. The history of China Taiping dates back to 1929 when the China Insurance Company was founded. Over the years, the company underwent several restructurings and nationalizations. In 2000, Taiping Insurance (HK) Company Limited was established, and in 2003, China Taiping Insurance Group Co Ltd, the current parent company of China Taiping, was founded. China Taiping is a diversified company that offers a broad range of insurance products. The company operates in various divisions, including life, property and casualty, international travel, health insurance, and asset management. It also operates in different geographical regions, including Hong Kong, China, Taiwan, Singapore, Macau, Australia, Canada, and the United States. In the life insurance sector, China Taiping offers various types of life insurance, including traditional life insurance, savings plans, and investment-linked insurance. In the property insurance sector, the company provides a wide range of products such as building and household insurance, car insurance, and travel insurance. China Taiping also has a strong presence in asset management and offers a wide range of investment funds in this area. The company also offers innovative products, such as cyber insurance, to protect businesses against cyber attacks. Customer service is a priority for the company, and it has built a wide network of agents and representatives to ensure that customers around the world have access to its services. The company also has a strong online presence, allowing customers to purchase insurance products through the internet. In recent years, China Taiping has expanded its business through acquisitions and partnerships in different geographical regions. In 2016, the company acquired America-based First Capital Insurance Company Limited to expand its business in the American market. It also entered into a joint venture agreement with Japan Post Group to operate in Japan. In summary, China Taiping Insurance Holdings Co Ltd is a leading insurance company in China offering a wide range of insurance products and services. The company has a strong presence in various geographical regions and has grown through acquisitions and partnerships in recent years. Customers appreciate the company's offerings and benefit from its excellent customer service and innovative solutions. China Taiping Insurance Holdings Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering China Taiping Insurance Holdings Co's P/E Ratio

The Price to Earnings (P/E) Ratio of China Taiping Insurance Holdings 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 Taiping Insurance Holdings 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 Taiping Insurance Holdings 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 Taiping Insurance Holdings 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 Taiping Insurance Holdings Co Stock

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

The price-earnings ratio of China Taiping Insurance Holdings Co is currently 4.31.

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

The price-to-earnings ratio of China Taiping Insurance Holdings Co has increased by -20.48% 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 Taiping Insurance Holdings Co high compared to other companies?

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

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

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

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

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

How much dividend does China Taiping Insurance Holdings Co pay?

Over the past 12 months, China Taiping Insurance Holdings Co paid a dividend of 0.26 HKD . This corresponds to a dividend yield of about 3 %. For the coming 12 months, China Taiping Insurance Holdings Co is expected to pay a dividend of 0.27 HKD.

What is the dividend yield of China Taiping Insurance Holdings Co?

The current dividend yield of China Taiping Insurance Holdings Co is 3 %.

When does China Taiping Insurance Holdings Co pay dividends?

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

How secure is the dividend of China Taiping Insurance Holdings Co?

China Taiping Insurance Holdings Co paid dividends every year for the past 10 years.

What is the dividend of China Taiping Insurance Holdings Co?

For the upcoming 12 months, dividends amounting to 0.27 HKD are expected. This corresponds to a dividend yield of 3.1 %.

In which sector is China Taiping Insurance Holdings Co located?

China Taiping Insurance Holdings Co is assigned to the 'Finance' sector.

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

To receive the latest dividend of China Taiping Insurance Holdings Co from 7/23/2024 amounting to 0.3 HKD, you needed to have the stock in your portfolio before the ex-date on 7/10/2024.

When did China Taiping Insurance Holdings Co pay the last dividend?

The last dividend was paid out on 7/23/2024.

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

In the year 2023, China Taiping Insurance Holdings Co distributed 0.46 HKD as dividends.

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

The dividends of China Taiping Insurance Holdings Co are distributed in HKD.

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Andere Kennzahlen von China Taiping Insurance Holdings Co

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