Mirae Asset Life Insurance Co Ltd
KRX:085620

Watchlist Manager
Mirae Asset Life Insurance Co Ltd Logo
Mirae Asset Life Insurance Co Ltd
KRX:085620
Watchlist
Price: 16 700 KRW -0.42%
Market Cap: ₩2.2T

P/E

16.7
Current
179%
More Expensive
vs 3-y average of 6

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
16.7
=
Market Cap
₩2.3T
/
Net Income
₩130.8B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
16.7
=
Market Cap
₩2.3T
/
Net Income
₩130.8B

Valuation Scenarios

Mirae Asset Life Insurance Co Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (6), the stock would be worth ₩5 989.45 (64% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-64%
Maximum Upside
No Upside Scenarios
Average Downside
52%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 16.7 ₩16 700
0%
3-Year Average 6 ₩5 989.45
-64%
5-Year Average 6 ₩5 989.45
-64%
Industry Average 6.1 ₩6 161.41
-63%
Country Average 13.9 ₩13 902.39
-17%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
₩2.3T
/
Jan 2026
₩130.8B
=
16.7
Current
₩2.3T
/
Dec 2026
₩157.4B
=
14.5
Forward
₩2.3T
/
Dec 2027
₩185.1B
=
12.3
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in Korea
Percentile
58th
Based on 1 157 companies
58th percentile
16.7
Low
0.2 — 8.5
Typical Range
8.5 — 23.4
High
23.4 —
Distribution Statistics
Korea
Min 0.2
30th Percentile 8.5
Median 13.9
70th Percentile 23.4
Max 7 223

Other Multiples

Mirae Asset Life Insurance Co Ltd
Glance View

Market Cap
2.2T KRW
Industry
Insurance

MIRAE ASSET Life Insurance Co., Ltd. engages in the provision life and health insurance and financial consulting services. The company is headquartered in Seoul, Seoul. The company went IPO on 2015-07-08. The firm provides life insurance, death insurance, life and death mixed insurance, children's health Insurance, endowment insurance, accident insurance, critical Illness insurance, group insurance, retirement annuity and others. The company also provides unsecured loans, fund sales, financial consulting and other financial services.

Intrinsic Value
10 663.54 KRW
Overvaluation 36%
Intrinsic Value
Price ₩16 700
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett