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 8,56,824 8,34,257 8,76,091 10,67,151 14,73,279 16,22,496 16,22,496 -
Change - -2.63% 5.01% 21.81% 38.06% 10.13% 0% -
Enterprise Value (EV) 8,56,824 8,34,257 8,76,091 10,67,151 14,73,279 16,22,496 16,22,496 16,22,496
Change - -2.63% 5.01% 21.81% 38.06% 10.13% 0% 0%
P/E ratio 3.66x 3.27x 3.44x 3.66x 4.97x 5.65x 5.61x 5.51x
PBR 0.37x 0.35x 0.36x 0.36x 0.46x 0.49x 0.46x 0.44x
PEG - 0.2x 0.8x 2.67x 3.68x -2.4x 8.07x 2.94x
Capitalization / Revenue 1.51x 1.38x 1.42x 1.71x 2.33x 2.55x 2.45x 2.32x
EV / Revenue 0x 0x 0x 0x 0x 2.55x 2.45x 2.32x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 4.07x 3.9x 3.64x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.197 0.221 0.232 0.2364 0.2424 0.2207 0.2293 0.2331
Rate of return 8.83% 9.65% 9.24% 8.74% 6.5% 5.33% 5.54% 5.63%
EPS 2 0.61 0.7 0.73 0.74 0.75 0.7323 0.7374 0.7512
Distribution rate 32.3% 31.6% 31.8% 31.9% 32.3% 30.1% 31.1% 31%
Net sales 1 5,67,647 6,05,717 6,19,139 6,24,138 6,32,771 6,36,681 6,63,041 6,99,447
EBITDA - - - - - - - -
EBIT 1 3,65,236 3,79,362 3,87,943 4,01,205 3,97,001 3,99,115 4,16,469 4,45,351
Net income 1 1,92,870 2,16,559 2,27,439 2,31,904 2,37,841 2,34,353 2,40,435 2,47,016
Net Debt - - - - - - - -
Reference price 2 2.231 2.289 2.512 2.705 3.731 4.138 4.138 4.138
Nbr of stocks (in thousands) 29,43,85,451 29,43,84,261 29,43,87,791 29,43,87,791 29,43,87,791 32,22,12,412 32,22,12,412 -
Announcement Date 30/03/21 29/03/22 30/03/23 28/03/24 26/03/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.65x - - 5.33% 23TCr
15.89x - - 1.8% 87TCr
14.85x - - 1.92% 41TCr
5.78x - - 5.38% 35TCr
15.03x - - 4.03% 30TCr
14.88x - - 1.81% 29TCr
5.5x - - 5.43% 27TCr
15.07x - - 2.89% 24TCr
15.25x - - 2.54% 21TCr
25.34x - - 3.14% 19TCr
Average 13.32x 3.43% 33.7TCr
Weighted average by Cap. 13.41x 3.13%
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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