New China Life Insurance Company Ltd. provides life insurance products and services to individuals and institutions in the People's Republic of China. It operates through three segments: Individual Insurance Business, Group Insurance Business, and Other Business. The company also offers asset management, training, electronic commerce, and medical services; and invests in, develops, leases, and manages real estate properties. New China Life Insurance Company Ltd. was incorporated in 1996 and is headquartered in Beijing, the People's Republic of China.
P/B ratio for New China Life Insurance Company Ltd. (601336.SS)
P/B ratio as of 2023: 0.93
According to New China Life Insurance Company Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.93. At the end of 2022 the company had a P/B ratio of 0.91.
P/B ratio history for New China Life Insurance Company Ltd. from 2008 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.93 |
| 2022 | 0.91 |
| 2021 | 1.12 |
| 2020 | 1.78 |
| 2019 | 1.82 |
| 2018 | 1.95 |
| 2017 | 3.46 |
| 2016 | 2.31 |
| 2015 | 2.81 |
| 2014 | 3.20 |
| 2013 | 1.81 |
| 2012 | 2.51 |
| 2011 | 2.01 |
| 2010 | 4.84 |
| 2009 | 7.47 |
| 2008 | 23.01 |