招商银行3968

ROA = 1.16%

ROE=22% 好过HSBC和渣打银行

		2007	2008	2009	2010	2011	2012
book est.		679.00	950.60	1140.72(+20%)	1368.86(+20%)	1642.64(+20%)	1971.16(+20%)
per book		4.62	6.47	7.76	9.31	11.17	13.41
P/B			3.79	3.16	2.63	2.19	1.83
3 PB price			19.53	23.44	28.13	33.75	40.50
4 PB		18.48	25.87	31.04	37.25	44.70	53.64
5 PB		23.10	32.33	38.80	46.56	55.87	67.05
			(+50%)	(+50%)	(+30%)	(+30%)	(+30%)
earning est.		162.80	244.20	366.30	476.19	619.05	804.76
EPS		1.11	1.66	2.49	3.24	4.21	5.47
20 PE		22.15	33.22	49.84	64.79	84.22	109.49

 

2328 中国财险

Total shares = 111亿 market value = 111* 5.7=641亿．PE=20 P/B=2.46

 

2318 中国平安

Total shares = 71.5亿 market value = 71.5*58=4149亿 PE=21

book value = 16.26  3*PB=48

 

2628 中国人寿

Total shares = 282.66亿 market value = 282.66* 28 = 7914  PE=19.4

book value= 7.765  P/B=3.6    3*PB=23.2