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Industrial And Commercial Bank Of China (HKSE:01398) Valuation Rank


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What is Industrial And Commercial Bank Of China Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Industrial And Commercial Bank Of China Valuation Rank Related Terms

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Industrial And Commercial Bank Of China (HKSE:01398) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial And Commercial Bank Of China Ltd (HKSE:01398) » Definitions » Valuation Rank
Comparable Companies
SHSE:601288 SHSE:601988 SHSE:601939 SHSE:601328 JPM BAC WFC LSE:HSBA TSX:RY ASX:CBA C TSE:8306 TSX:TD XSWX:UBSG XMAD:SAN TSE:8316 ASX:NAB XMAD:BBVA TSX:BMO ASX:WBC
Traded in Other Exchanges
IDCBY:USA IDCBF:USA ICK:Germany 601398:China
Address
3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG
Website
http://www.icbc-ltd.com
ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 417 outlets are located in 42 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 44%, 44%, and 12% of total revenue, respectively; and 39%, 47%, and 24% of profit before tax in 2022. Overseas banking and other business contributed 8% of total revenue and 6% of profit before tax in 2022.