Mercuries Life Insurance Co Ltd
TWSE:2867
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.9), the stock would be worth NT$5.88 (25% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.1 | NT$7.85 |
0%
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| 3-Year Average | 0.9 | NT$5.88 |
-25%
|
| 5-Year Average | 0.7 | NT$4.82 |
-39%
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| Industry Average | 1.2 | NT$8.13 |
+4%
|
| Country Average | 1.7 | NT$11.8 |
+50%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| TW |
M
|
Mercuries Life Insurance Co Ltd
TWSE:2867
|
46.3B TWD | 1.1 | 39.3 | |
| ZA |
D
|
Discovery Ltd
JSE:DSY
|
177.7B ZAR | 2.4 | 16.5 | |
| ZA |
S
|
Sanlam Ltd
JSE:SLM
|
177.6B ZAR | 1.7 | 11.1 | |
| CN |
|
Ping An Insurance Group Co of China Ltd
SSE:601318
|
1T CNY | 1 | 7.7 | |
| CN |
|
China Life Insurance Co Ltd
SSE:601628
|
1T CNY | 1.7 | 6.7 | |
| ZA |
O
|
OUTsurance Group Ltd
JSE:OUT
|
112.6B ZAR | 8.3 | 22.5 | |
| HK |
|
AIA Group Ltd
HKEX:1299
|
874.2B HKD | 2.6 | 17.8 | |
| CA |
|
Manulife Financial Corp
TSX:MFC
|
88.3B CAD | 1.7 | 16.9 | |
| ZA |
O
|
Old Mutual Ltd
JSE:OMU
|
63.1B ZAR | 1 | 7.5 | |
| US |
|
Aflac Inc
NYSE:AFL
|
59.5B USD | 2.1 | 16.7 | |
| IN |
|
Life Insurance Corporation Of India
NSE:LICI
|
5.2T INR | 3.7 | 9.8 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 1.3 |
| Median | 1.7 |
| 70th Percentile | 2.5 |
| Max | 156.9 |
Other Multiples
Mercuries Life Insurance Co Ltd
Glance View
Mercuries Life Insurance Co Ltd, established in 1993, has evolved as a stalwart in Taiwan's insurance landscape. Rooted in the bustling hub of Taipei, the company thrives by providing a wide array of insurance services, encompassing life, health, and annuity products tailored to meet the dynamic needs of its clients. Its prudent strategy combines deep market insight with innovative product offerings, ensuring that it meets the evolving demands of modern policyholders. Mercuries Life's ethos revolves around being a reliable shield for its customers against the uncertainties of life, which has garnered it a reputation built on trust and reliability. The primary mechanism through which Mercuries Life generates revenue is the collection of premiums from its numerous policy offerings. By adeptly investing these collected premiums into diverse financial instruments, the company capitalizes on a stable income through skilled asset management. This strategic investment approach ensures that Mercuries Life not only meets its obligations to policyholders but also yields profits that fuel further growth. Moreover, the company emphasizes efficient risk management and customer-centric service, underpinning its profitability and ensuring its competitive edge in the crowded insurance market.
