HKD46.60
0.54% today
Hong Kong, Dec 24, 05:08 am CET
ISIN
CNE1000003X6
Symbol
2318
Index
Sector
Industry

Ping An Insurance (Group) Company of China Target price 2024 - Analyst rating & recommendation

Ping An Insurance (Group) Company of China Classifications & Recommendation:

Buy
90%
Hold
10%

Ping An Insurance (Group) Company of China Price Target

Target Price HKD60.54
Price HKD46.60
Potential
Number of Estimates 17
17 Analysts have issued a price target Ping An Insurance (Group) Company of China 2025 . The average Ping An Insurance (Group) Company of China target price is HKD60.54. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 21 analysts: 19 Analysts recommend Ping An Insurance (Group) Company of China to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Ping An Insurance (Group) Company of China stock has an average upside potential 2025 of . Most analysts recommend the Ping An Insurance (Group) Company of China stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Dec '23 2024
Estimates
Revenue Billion HKD 997.21 1,036.17
3.77% 3.91%
Net Margin 9.70% 14.37%
25.01% 48.20%

12 Analysts have issued a sales forecast Ping An Insurance (Group) Company of China 2024 . The average Ping An Insurance (Group) Company of China sales estimate is

HKD1.0t
Unlock
. This is
10.42% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
HKD1.2t 0.98%
Unlock
, the lowest is
HKD891b 22.97%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 HKD997b 3.77%
2024
HKD1.0t 3.91%
Unlock
2025
HKD1.1t 4.19%
Unlock
2026
HKD1.2t 6.64%
Unlock

7 Ping An Insurance (Group) Company of China Analysts have issued a net profit forecast 2024. The average Ping An Insurance (Group) Company of China net profit estimate is

HKD149b
Unlock
. This is
16.93% higher
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
HKD172b 35.12%
Unlock
, the lowest is
HKD121b 4.99%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 HKD96.7b 27.84%
2024
HKD149b 53.94%
Unlock
2025
HKD154b 3.37%
Unlock
2026
HKD165b 7.23%
Unlock

Net Margin

2023 9.70% 25.01%
2024
14.37% 48.20%
Unlock
2025
14.25% 0.84%
Unlock
2026
14.33% 0.56%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Dec '23 2024
Estimates
Earnings Per Share HKD 5.34 8.22
27.84% 53.93%
P/E 5.64
EV/Sales 1.07

7 Analysts have issued a Ping An Insurance (Group) Company of China forecast for earnings per share. The average Ping An Insurance (Group) Company of China <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

HKD8.22
Unlock
. This is
16.93% higher
Unlock
than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
HKD9.50 35.14%
Unlock
, the lowest is
HKD6.68 4.98%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 HKD5.34 27.84%
2024
HKD8.22 53.93%
Unlock
2025
HKD8.50 3.41%
Unlock
2026
HKD9.11 7.18%
Unlock

P/E ratio

Current 6.59 17.47%
2024
5.64 14.42%
Unlock
2025
5.45 3.37%
Unlock
2026
5.09 6.61%
Unlock

Based on analysts' sales estimates for 2024, the Ping An Insurance (Group) Company of China stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.96 20.00%
2024
1.07 11.10%
Unlock
2025
1.02 4.01%
Unlock
2026
0.96 6.23%
Unlock

P/S ratio

Current 0.73 40.78%
2024
0.81 11.63%
Unlock
2025
0.78 4.02%
Unlock
2026
0.73 6.23%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today