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STOCK COMPARISON

China Life Insurance Co Ltd A vs Standard Life: Fair Value & Quality

Both stocks run through our valuation models. Here is how China Life Insurance Co Ltd A (601628) and Standard Life (SDLF) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: China Life Insurance Co Ltd A trades at ¥39.17 versus a fair value of ¥49.98 (+28%), while Standard Life trades at £9.33 versus £7.49 (-20%).
China Life Insurance Co Ltd A
601628.SHG · CNY · Financials
+28%
upside to fair value
undervalued
Price¥39.17
Fair Value¥49.98
Quality63/100
Standard Life
SDLF.LSE · GBX · Financials
-20%
upside to fair value
overvalued
Price£9.33
Fair Value£7.49
Quality44/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

China Life Insurance Co Ltd AStandard Life
Valuation
7.3×P/E (TTM)
3.09×P/S (TTM)0.41×
1.78×P/B16.07×
6.0×EV/EBITDA26.0×
0.68×PEG
+27.6%Fair value upside−19.7%
2.2%Dividend yield5.9%
¥0.86Dividend per share£0.55
Profitability
38%Operating margin1%
4.26×EBIT margin trend (5Y)0.01×
25%Return on equity-22%
2%Return on assets0%
Growth
-15%Revenue growth (YoY)128%
-9.5%Avg. growth/yr (3Y)1.0%
-4.8%Avg. growth/yr (5Y)19.1%
+27.1%Value creation/yr
Balance & size
43.7×Interest coverage (EBIT/interest)0.1×
0.06×Debt / equity4.16×
$158BMarket cap$12B
weakGrowth qualitymixed

China Life Insurance Co Ltd A leads: 8 to 5 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

China Life Insurance Co Ltd Aof which business quality 57 · market factors 45 Standard Lifeof which business quality 41 · market factors 84
ProfitabilityMargins and returns on capital today
47
7
Quality GrowthAre margins and returns improving?
68
65
CashflowEarnings quality: real cash, not paper profit
100
37
Fin. StrengthBalance sheet, leverage, solvency risk
1
7
InvestmentDisciplined investing over empire-building
59
90
Low VolatilityCalm price path (market factor)
68
78
MomentumPrice trend over the last 3–12 months (market factor)
40
82
52W MomentumDistance to the 52-week high (market factor)
29
95
Net IssuanceBuybacks instead of dilution
82
81

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyChina Life Insurance Co Ltd APrice ¥39.17Standard LifePrice £9.33
Earnings-Basedn/a-54%below the price£4.33
Dividend Discount-54%below the price¥17.98n/a
Multiples+28%above the price¥50.18-52%below the price£4.48
Asset-Based-64%below the price¥14.11-95%below the price£0.49
Economic Profit+48%above the price¥57.79-54%below the price£4.33
Minimum-64%below the price¥14.11-95%below the price£0.49
Maximum+48%above the price¥57.79-52%below the price£4.48
Median-13%close to the price¥34.08-54%below the price£4.33
Geometric mean-25%below the price¥29.28-73%below the price£2.53

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

China Life Insurance Co Ltd A: 4 of 6 models see the stock below the current price.

Standard Life: 6 of 6 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

China Life Insurance Co Ltd A
Bear ¥37.48Fair Value ¥49.98Bull ¥62.47
¥39.17 = current price (white tick)
Standard Life
Bear £7.41Fair Value £7.49Bull £7.57
£9.33 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

China Life Insurance Co Ltd A · Financials

Quality score63 · Top 25%
Fair value upside+28% · above median

Standard Life · Financials

Quality score44 · bottom 25%
Fair value upside-20% · below median

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: China Life Insurance Co Ltd A trades at ¥39.17 versus a fair value of ¥49.98 (+28%), while Standard Life trades at £9.33 versus £7.49 (-20%).

China Life Insurance Co Ltd A has the higher quality score (63/100).

See the full analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.