Ping An Insurance Stock Current Ratio
PIAIF Stock | USD 5.75 0.25 4.17% |
Ping An Insurance fundamentals help investors to digest information that contributes to Ping An's financial success or failures. It also enables traders to predict the movement of Ping Pink Sheet. The fundamental analysis module provides a way to measure Ping An's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ping An pink sheet.
Ping |
Ping An Insurance Company Current Ratio Analysis
Ping An's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Ping An Current Ratio | 6.18 X |
Most of Ping An's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ping An Insurance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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In accordance with the recently published financial statements, Ping An Insurance has a Current Ratio of 6.18 times. This is 52.59% higher than that of the Financial Services sector and significantly higher than that of the Insurance—Life industry. The current ratio for all United States stocks is 186.11% lower than that of the firm.
Ping Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ping An's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Ping An could also be used in its relative valuation, which is a method of valuing Ping An by comparing valuation metrics of similar companies.Ping An is considered to be number one stock in current ratio category among its peers.
Ping Fundamentals
Return On Equity | 0.11 | |||
Return On Asset | 0.0088 | |||
Profit Margin | 0.08 % | |||
Operating Margin | 0.12 % | |||
Current Valuation | 235.35 B | |||
Shares Outstanding | 7.45 B | |||
Shares Owned By Insiders | 16.00 % | |||
Shares Owned By Institutions | 40.76 % | |||
Price To Earning | 4.92 X | |||
Price To Book | 1.02 X | |||
Price To Sales | 0.09 X | |||
Revenue | 1.06 T | |||
Gross Profit | 397.42 B | |||
EBITDA | 162.51 B | |||
Net Income | 101.62 B | |||
Cash And Equivalents | 2.23 T | |||
Cash Per Share | 123.21 X | |||
Total Debt | 1.46 T | |||
Debt To Equity | 1.81 % | |||
Current Ratio | 6.18 X | |||
Book Value Per Share | 46.32 X | |||
Cash Flow From Operations | 90.12 B | |||
Earnings Per Share | 0.80 X | |||
Price To Earnings To Growth | 0.44 X | |||
Number Of Employees | 355.98 K | |||
Beta | 1.0 | |||
Market Capitalization | 132.9 B | |||
Total Asset | 10.14 T | |||
Retained Earnings | 180.4 B | |||
Working Capital | 742.72 B | |||
Current Asset | 909.92 B | |||
Current Liabilities | 167.2 B | |||
Annual Yield | 0.05 % | |||
Five Year Return | 2.85 % | |||
Net Asset | 10.14 T | |||
Last Dividend Paid | 3.3 |
About Ping An Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ping An Insurance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ping An using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ping An Insurance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Information on Investing in Ping Pink Sheet
Ping An financial ratios help investors to determine whether Ping Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ping with respect to the benefits of owning Ping An security.