Research On The Evaluation Of Ping An Group's Equity Value

With the deepening reform of the financial industry and opening up to the outside world,companies such as Ping An Group,Everbright Group,Founder Group,Great Wall Asset Management Co.,Ltd.and Huarong Asset Management Company have successively realized diversified operations through mergers and acquisitions,reorganization and the establishment of subsidiaries.The business model of group words has become a trend.This article uses Ping An Group as a case.By evaluating the value of its equity,it provides a methodological system for the valuation of financial groups and a basis for the acquisition and reorganization of financial groups.Through the industry analysis of China's life insurance and health insurance industry,property insurance industry,banking industry and asset management industry,according to the operating characteristics of each business sector,respectively select the appropriate valuation method to evaluate the equity value of its business sector,and finally,calculate Ping An Group's equity value is 102.16 yuan / share.Compared with its closing price of 85.46 yuan / share at the end of 2019,the equity value is undervalued.At the same time,it provides a method for the valuation of financial groups.It can be applied to other Evaluation of equity value of financial groups.