RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
New China Life Insurance Company Stock

New China Life Insurance Company P/E 2024

New China Life Insurance Company P/E

12.84

Ticker

601336.SS

ISIN

CNE1000019Y0

As of Oct 5, 2024, New China Life Insurance Company's P/E ratio was 12.84, a -2.51% change from the 13.17 P/E ratio recorded in the previous year.

The New China Life Insurance Company P/E history

New China Life Insurance Company Aktienanalyse

What does New China Life Insurance Company do?

New China Life Insurance Co Ltd is a Chinese company specializing in providing life insurance. The company was founded in 1996 and is headquartered in Beijing, China. It is one of the leading life insurance companies in China and offers a wide range of insurance services. New China Life Insurance Company ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering New China Life Insurance Company's P/E Ratio

The Price to Earnings (P/E) Ratio of New China Life Insurance Company 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 New China Life Insurance Company'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 New China Life Insurance Company 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 New China Life Insurance Company’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 New China Life Insurance Company stock

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

The price-earnings ratio of New China Life Insurance Company is currently 12.84.

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

The price-to-earnings ratio of New China Life Insurance Company has increased by -2.51% 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 New China Life Insurance Company high compared to other companies?

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

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

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

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

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

How much dividend does New China Life Insurance Company pay?

Over the past 12 months, New China Life Insurance Company paid a dividend of 1.08 CNY . This corresponds to a dividend yield of about 2.33 %. For the coming 12 months, New China Life Insurance Company is expected to pay a dividend of 1.26 CNY.

What is the dividend yield of New China Life Insurance Company?

The current dividend yield of New China Life Insurance Company is 2.33 %.

When does New China Life Insurance Company pay dividends?

New China Life Insurance Company pays a quarterly dividend. This is distributed in the months of September, September, September, September.

How secure is the dividend of New China Life Insurance Company?

New China Life Insurance Company paid dividends every year for the past 0 years.

What is the dividend of New China Life Insurance Company?

For the upcoming 12 months, dividends amounting to 1.26 CNY are expected. This corresponds to a dividend yield of 2.71 %.

In which sector is New China Life Insurance Company located?

New China Life Insurance Company is assigned to the 'Finance' sector.

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

To receive the latest dividend of New China Life Insurance Company from 8/9/2024 amounting to 0.85 CNY, you needed to have the stock in your portfolio before the ex-date on 8/9/2024.

When did New China Life Insurance Company pay the last dividend?

The last dividend was paid out on 8/9/2024.

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

In the year 2023, New China Life Insurance Company distributed 1.44 CNY as dividends.

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

The dividends of New China Life Insurance Company are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von New China Life Insurance Company

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