Ping An Insurance Group Co of China Ltd
SSE:601318

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Ping An Insurance Group Co of China Ltd Logo
Ping An Insurance Group Co of China Ltd
SSE:601318
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Price: 53.47 CNY
Market Cap: 973.7B CNY

Relative Value

The Relative Value of one Ping An Insurance Group Co of China Ltd stock under the Base Case scenario is 53.81 CNY. Compared to the current market price of 53.47 CNY, Ping An Insurance Group Co of China Ltd is Undervalued by 1%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
53.81 CNY
Undervaluation 1%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
15
vs Industry
51
Median 3Y
1
Median 5Y
1
Industry
1.1
Forward
1.7
vs History
76
vs Industry
54
Median 3Y
8.4
Median 5Y
8.5
Industry
12.3
Forward
7.1
vs History
42
vs Industry
68
Median 3Y
0.9
Median 5Y
1
Industry
1.5
vs History
12
vs Industry
44
Median 3Y
1.2
Median 5Y
1.3
Industry
1.2

Multiples Across Competitors

Competitors Multiples
Ping An Insurance Group Co of China Ltd Competitors

Market Cap P/S P/E P/B
CN
Ping An Insurance Group Co of China Ltd
SSE:601318
973.7B CNY 1.2 8.3 1.1
ZA
Sanlam Ltd
JSE:SLM
171.1B Zac 0 0 0
ZA
Discovery Ltd
JSE:DSY
131.2B Zac 0 0 0
CN
China Life Insurance Co Ltd
SSE:601628
823.8B CNY 2.1 7.5 1.7
ZA
OUTsurance Group Ltd
JSE:OUT
97.1B Zac 0 0 0
HK
AIA Group Ltd
HKEX:1299
682.5B HKD 4.2 18.2 2.2
US
Aflac Inc
NYSE:AFL
59B USD 3.1 10.8 2.3
US
MetLife Inc
NYSE:MET
55.4B USD 0.8 13.1 2
ZA
Old Mutual Ltd
JSE:OMU
55.8B Zac 0 0 0
IN
Life Insurance Corporation Of India
NSE:LICI
4.7T INR 0.5 10.9 4.8
CA
Manulife Financial Corp
TSX:MFC
73.2B CAD 2 14.4 1.4
P/S Multiple
Revenue Growth P/S to Growth
CN
Ping An Insurance Group Co of China Ltd
SSE:601318
Average P/S: 2
1.2
-8%
N/A
ZA
S
Sanlam Ltd
JSE:SLM
Not Available
-20%
N/A
ZA
D
Discovery Ltd
JSE:DSY
Not Available
-13%
N/A
CN
China Life Insurance Co Ltd
SSE:601628
2.1
-1%
N/A
ZA
O
OUTsurance Group Ltd
JSE:OUT
Not Available
-36%
N/A
HK
AIA Group Ltd
HKEX:1299
4.2
2%
2.1
US
Aflac Inc
NYSE:AFL
3.1
-2%
N/A
US
MetLife Inc
NYSE:MET
0.8
5%
0.2
ZA
O
Old Mutual Ltd
JSE:OMU
Not Available
-16%
N/A
IN
Life Insurance Corporation Of India
NSE:LICI
0.5
8%
0.1
CA
Manulife Financial Corp
TSX:MFC
2
9%
0.2
P/E Multiple
Earnings Growth PEG
CN
Ping An Insurance Group Co of China Ltd
SSE:601318
Average P/E: 11.9
8.3
22%
0.4
ZA
S
Sanlam Ltd
JSE:SLM
Not Available
12%
N/A
ZA
D
Discovery Ltd
JSE:DSY
Not Available
21%
N/A
CN
China Life Insurance Co Ltd
SSE:601628
7.5
39%
0.2
ZA
O
OUTsurance Group Ltd
JSE:OUT
Not Available
10%
N/A
HK
AIA Group Ltd
HKEX:1299
18.2
27%
0.7
US
Aflac Inc
NYSE:AFL
10.8
-9%
N/A
US
MetLife Inc
NYSE:MET
13.1
24%
0.5
ZA
O
Old Mutual Ltd
JSE:OMU
Not Available
9%
N/A
IN
Life Insurance Corporation Of India
NSE:LICI
10.9
10%
1.1
CA
Manulife Financial Corp
TSX:MFC
14.4
13%
1.1