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New China Life Insurance Company Stock

New China Life Insurance Company P/S 2024

New China Life Insurance Company P/S

2.05

Ticker

601336.SS

ISIN

CNE1000019Y0

As of Jul 28, 2024, New China Life Insurance Company's P/S ratio stood at 2.05, a -21.15% change from the 2.6 P/S ratio recorded in the previous year.

The New China Life Insurance Company P/S 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/S Details

Decoding New China Life Insurance Company's P/S Ratio

New China Life Insurance Company'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 New China Life Insurance Company'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 New China Life Insurance Company'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 New China Life Insurance Company’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 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 2.05.

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 -21.15% 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 3.52 %. 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 3.52 %.

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 4.11 %.

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 8/10/2023 amounting to 1.08 CNY, you needed to have the stock in your portfolio before the ex-date on 8/10/2023.

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

The last dividend was paid out on 8/10/2023.

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.

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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.