Company Valuation: Bank of China Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 856,824 834,257 876,091 1,067,151 1,473,279 1,651,724 1,651,724 -
Change - -2.63% 5.01% 21.81% 38.06% 12.11% 0% -
Enterprise Value (EV) 856,824 834,257 876,091 1,067,151 1,473,279 1,651,724 1,651,724 1,651,724
Change - -2.63% 5.01% 21.81% 38.06% 12.11% 0% 0%
P/E ratio 3.66x 3.27x 3.44x 3.66x 4.97x 5.49x 5.42x 5.32x
PBR 0.37x 0.35x 0.36x 0.36x 0.46x 0.48x 0.44x 0.42x
PEG - 0.2x 0.8x 2.67x 3.68x -1.56x 4.06x 2.76x
Capitalization / Revenue 1.51x 1.38x 1.42x 1.71x 2.33x 2.6x 2.49x 2.34x
EV / Revenue 0x 0x 0x 0x 0x 2.6x 2.49x 2.34x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 4.11x 4x 3.75x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.197 0.221 0.232 0.2364 0.2424 0.223 0.23 0.235
Rate of return 8.83% 9.65% 9.24% 8.74% 6.5% 5.61% 5.79% 5.91%
EPS 2 0.61 0.7 0.73 0.74 0.75 0.7235 0.7332 0.7473
Distribution rate 32.3% 31.6% 31.8% 31.9% 32.3% 30.8% 31.4% 31.4%
Net sales 1 567,647 605,717 619,139 624,138 632,771 634,433 664,676 704,626
EBITDA - - - - - - - -
EBIT 1 365,236 379,362 387,943 401,205 397,001 401,781 413,014 440,155
Net income 1 192,870 216,559 227,439 231,904 237,841 233,778 239,290 245,595
Net Debt - - - - - - - -
Reference price 2 2.231 2.289 2.512 2.705 3.731 3.974 3.974 3.974
Nbr of stocks (in thousands) 294,385,451 294,384,261 294,387,791 294,387,791 294,387,791 322,212,412 322,212,412 -
Announcement Date 3/30/21 A 3/29/22 A 3/30/23 A 3/28/24 A 3/26/25 A - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.43x - - 5.68% 235B
16.26x - - 1.76% 896B
14.69x - - 1.94% 408B
5.51x - - 5.65% 366B
15.21x - - 1.77% 301B
13.62x - - 4.42% 275B
5.28x - - 5.66% 262B
15.25x - - 2.86% 237B
14.05x - - 2.8% 189B
11.58x - - 2.21% 175B
Average 11.69x 3.48% 334.4B
Weighted average by Cap. 12.52x 3.17%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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