Ping An Return On Equity vs. Price To Book
| PNGAY Stock | USD 11.73 0.08 0.69% |
For Ping An profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ping An to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ping An Insurance utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ping An's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ping An Insurance over time as well as its relative position and ranking within its peers.
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Ping An Insurance Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ping An's current stock value. Our valuation model uses many indicators to compare Ping An value to that of its competitors to determine the firm's financial worth. Ping An Insurance is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in price to book category among its peers fabricating about 8.99 of Price To Book per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ping An by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ping An's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ping Price To Book vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.11 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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| = | 0.99 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Ping Price To Book Comparison
Ping An is currently under evaluation in price to book category among its peers.
Ping An Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ping An, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ping An will eventually generate negative long term returns. The profitability progress is the general direction of Ping An's change in net profit over the period of time. It can combine multiple indicators of Ping An, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Ping An Insurance Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and fintech and healthtech businesses in the Peoples Republic of China. Ping An Insurance Company of China, Ltd. was founded in 1988 and is based in Shenzhen, China. Ping An operates under InsuranceLife classification in the United States and is traded on OTC Exchange. It employs 355982 people.
Ping Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ping An. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ping An position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ping An's important profitability drivers and their relationship over time.
Use Ping An in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ping An position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ping An will appreciate offsetting losses from the drop in the long position's value.Ping An Pair Trading
Ping An Insurance Pair Trading Analysis
The ability to find closely correlated positions to Ping An could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ping An when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ping An - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ping An Insurance to buy it.
The correlation of Ping An is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ping An moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ping An Insurance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ping An can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Ping An position
In addition to having Ping An in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 constituents at this time.
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Additional Tools for Ping Pink Sheet Analysis
When running Ping An's price analysis, check to measure Ping An's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ping An is operating at the current time. Most of Ping An's value examination focuses on studying past and present price action to predict the probability of Ping An's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ping An's price. Additionally, you may evaluate how the addition of Ping An to your portfolios can decrease your overall portfolio volatility.