China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People's Republic of China. The company operates in four segments: Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Businesses. It offers critical illness protection, annuity, children/women/pension, security, life, medical, and accident protection insurance products. The company was founded in 1949 and is based in Beijing, the People's Republic of China. China Life Insurance Company Limited is a subsidiary of China Life Insurance (Group) Company Limited.
P/B ratio for China Life Insurance Company Limited (601628.SS)
P/B ratio as of 2023: 1.73
According to China Life Insurance Company Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.73. At the end of 2022 the company had a P/B ratio of 2.41.
P/B ratio history for China Life Insurance Company Limited from 2000 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.73 |
| 2022 | 2.41 |
| 2021 | 1.78 |
| 2020 | 2.41 |
| 2019 | 2.44 |
| 2018 | 1.77 |
| 2017 | 2.68 |
| 2016 | 2.24 |
| 2015 | 2.48 |
| 2014 | 3.39 |
| 2013 | 1.94 |
| 2012 | 2.83 |
| 2011 | 2.60 |
| 2010 | 2.88 |
| 2009 | 4.24 |
| 2008 | 2.92 |
| 2007 | 7.77 |
| 2006 | 7.52 |
| 2005 | 13.05 |
| 2004 | 42.01 |
| 2003 | 12.94 |
| 2002 | -3.18 |
| 2001 | -8.64 |
| 2000 | 0.00 |