Ping An Bank Co Ltd (000001) Fair Value & Analysis
Financial Services · CN · Market cap 210B CNY (≈ $31.4B) · ISIN CNE000000040
What is Ping An Bank Co Ltd really worth?
Below-average quality, trading 46% below our fair value of ¥22.20.
Strengths
Risks
For context
Fair value as of: Aug 18, 2026
From 6 valuation models · updated 17 days ago
Fair value updated Aug 18, 2026, revised from ¥22.50 to ¥22.20 (−1.3%) since Aug 13, 2026. Share price +3.9% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain.
- The price is below even our cautious bear case (¥16.65). The market is more pessimistic than our downside scenario.
- For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 18, 2026.
How to read this chart
60‑month range ¥7.59 – ¥20.14 · fair‑value band ¥16.65 – ¥27.75 · the ¥11.89 price screens below the ¥22.20 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 18, 2026.
Analysis
Ping An Bank Co Ltd (000001) currently trades at ¥11.89, while our model-based Fair Value estimate is ¥22.20, implying the stock looks roughly 46.4% undervalued today. The Quality Score stands at 44/100 (below-average quality), in the Financial Services sector. Bull case: the Multiples group reads highest at a median of ¥28.56 per share, and 6 of the 6 models we run sit above the ¥11.89 price. Bear case: the Dividend Discount group reads lowest at ¥12.52, and 0 of the 6 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, Ping An Bank Co Ltd generated revenue of 92.1B CNY at a net margin of 46.8%. Revenue grew 3.9% year over year. It earns a return on equity of 8.2%. Net debt stands at 1.3T CNY. Fundamentals as of Aug 18, 2026
Our scenario range runs from ¥16.65 (bear case) to ¥27.75 (bull case); at ¥11.89, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 9% below its 52-week high and 14% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at −10% fair-value upside, at 87%, 000001 screens cheaper than that median.
Fair Value models
This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ¥1.03 per share, which is 4.6 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.
All 6 models by family
Widest divergence: Multiples (¥28.56) versus Dividend Discount (¥12.52). Highest evidence: Residual Income (76).
Notify me when 000001 reaches fair value
Put 000001 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 18, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 35 · Market factors (momentum, volatility) 67
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
Ping An Bank Co., Ltd. provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally. The company operates through three segments: Wholesale Financial Services, Retail Financial Services, and Other Businesses.
Full company description
Ping An Bank Co., Ltd. provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally. The company operates through three segments: Wholesale Financial Services, Retail Financial Services, and Other Businesses. It offers deposit products, including demand, time, call, negotiated, agreement, and margin deposits; foreign currency, corporate, and structured deposits. The company also provides loans, such as working capital, fixed asset, corporate fixed deposit certificate pledge, commercial property mortgage, syndicated, cross-border syndicated, real estate development, government platform, and cross-border working capital loans, as well as corporate client account overdraft, online banking revolving loans for small and medium-sized enterprises, offshore foreign exchange deposits, and offshore cross-border financing loans. In addition, it offers settlement, offshore, corporate finance, cash management, trade finance, custody, corporate e-banking, corporate intermediary, interbank, and wealth management services, as well as bank cards. The company was founded in 1987 and is headquartered in Shenzhen, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Ping An Bank Co Ltd reported revenue of 228B CNY in FY2025 versus 263B CNY in FY2021, a compound −3.5%/yr. Reported net income was 42.6B CNY in FY2025, compounding +4.1%/yr from FY2021.
of which total revenue +5.5 % · buybacks/dilution −1.8 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
Watch 000001: get an alert when its fair value changes →
Peer Group
Banks - Regional · 1071 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Aug 18, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| DBS Group D05 | 75.65 SGD | 40.48 SGD | −46% |
| China Merchants Bank Co 3968 | HK$47.96 | HK$76.51 | +60% |
| Intesa Sanpaolo S.p.A ISP | €6.78 | €5.66 | −17% |
| HDFC Bank Limited HDB | $23.17 | $24.12 | +4% |
| BNP Paribas SA BNP | €102.56 | €144.64 | +41% |
| UniCredit S.p.A UCG | €84.71 | €77.62 | −8% |
| Mizuho Financial Group MFG | $10.74 | $9.69 | −10% |
| ICICI Bank Limited ICICIBANK | ₹1,443 | ₹835.21 | −42% |
| Oversea-Chinese Banking Corporation O39 | 31.07 SGD | 19.80 SGD | −36% |
| CaixaBank, S.A CABK | €13.52 | €8.85 | −35% |
Compare Ping An Bank Co Ltd with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Financial Services stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Ping An Bank Co Ltd (000001) overvalued or undervalued?
What is the fair value of 000001?
What is the quality score of 000001?
What is the revenue of Ping An Bank Co Ltd (000001)?
What is the net profit margin of 000001?
Does Ping An Bank Co Ltd pay a dividend?
Watch Ping An Bank Co Ltd in the live analysis
One click puts Ping An Bank Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.