1508.HK
Price:
$1.69
Market Cap:
$64.89B
China Reinsurance (Group) Corporation, together with its subsidiaries, operates as a reinsurance company in the People's Republic of China and internationally. It operates through Property and Casualty Reinsurance, Life and Health Reinsurance, Primary Property and Casualty Insurance, Asset Management, and Others segments. The company offers reinsurance products, including motor, commercial and household property, engineering, marine hull, cargo, liability, credit and guarantee, personal accident, health, agriculture, life and annuity, space and aviation, energy, nuclear, etc.; and insurance agency services, such as risk identification, assessment and consulting, insurance program design, ins...[Read more]
Industry
Insurance - Reinsurance
IPO Date
2015-10-26
Stock Exchange
HKSE
Ticker
1508.HK
According to China Reinsurance (Group) Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 5.63. This represents a change of 275.27% compared to the average of 1.50 of the last 4 quarters.
The mean historical PE Ratio of China Reinsurance (Group) Corporation over the last ten years is 1.79. The current 5.63 PE Ratio has changed 31.30% with respect to the historical average. Over the past ten years (40 quarters), 1508.HK's PE Ratio was at its highest in in the December 2009 quarter at 38.60. The PE Ratio was at its lowest in in the December 2022 quarter at -5.39.
Average
1.79
Median
6.52
Minimum
-57.19
Maximum
15.99
Discovering the peaks and valleys of China Reinsurance (Group) Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 38.56%
Maximum Annual PE Ratio = 15.99
Minimum Annual Increase = -1412.42%
Minimum Annual PE Ratio = -57.19
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 3.29 | 4.83% |
| 2023 | 3.14 | -105.48% |
| 2022 | -57.19 | -1412.42% |
| 2021 | 4.36 | -12.96% |
| 2020 | 5.01 | -37.65% |
| 2019 | 8.03 | -49.79% |
| 2018 | 15.99 | 34.32% |
| 2017 | 11.91 | -12.42% |
| 2016 | 13.59 | 38.56% |
| 2015 | 9.81 | -32.48% |
The current PE Ratio of China Reinsurance (Group) Corporation (1508.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-16.92
5-year avg
-8.28
10-year avg
1.79
China Reinsurance (Group) Corporation’s PE Ratio is less than China Taiping Insurance Holdings Company Limited (8.09), less than Guolian Minsheng Securities Co., Ltd. (33.58), less than Sunshine Insurance Group Company Limited (7.31), less than Chongqing Rural Commercial Bank Co., Ltd. (8.86), less than China CITIC Financial Asset Management Co., Ltd. (7.02), less than China Zheshang Bank Co., Ltd (6.01), greater than Huishang Bank Corporation Limited (2.53), less than Everbright Securities Company Limited (21.56), less than China Cinda Asset Management Co., Ltd. (19.08), less than Bank of Chongqing Co., Ltd. (6.81),
| Company | PE Ratio | Market cap |
|---|---|---|
| 8.09 | $68.68B | |
| 33.58 | $55.23B | |
| 7.31 | $45.32B | |
| 8.86 | $80.13B | |
| 7.02 | $69.81B | |
| 6.01 | $84.14B | |
| 2.53 | $44.45B | |
| 21.56 | $86.05B | |
| 19.08 | $51.52B | |
| 6.81 | $32.86B |
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