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STOCK COMPARISON

SBI Life Insurance Company vs China Life Insurance Co Ltd A: Fair Value & Quality

Both stocks run through our valuation models. Here is how SBI Life Insurance Company (SBILIFE) and China Life Insurance Co Ltd A (601628) compare, as of Aug 8, 2026.

As of Aug 8, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: SBI Life Insurance Company trades at ₹1,862 versus a fair value of ₹320 (-83%), while China Life Insurance Co Ltd A trades at ¥38.15 versus ¥70.87 (+86%).
SBI Life Insurance Company
SBILIFE.NSE · INR · Financials
-83%
upside to fair value
overvalued
Price₹1,862
Fair Value₹320
Quality48/100
China Life Insurance Co Ltd A
601628.SHG · CNY · Financials
+86%
upside to fair value
undervalued
Price¥38.15
Fair Value¥70.87
Quality57/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

SBI Life Insurance CompanyChina Life Insurance Co Ltd A
Valuation
73.9×P/E (TTM)7.3×
1.63×P/S (TTM)3.09×
9.58×P/B1.78×
64.8×EV/EBITDA6.0×
PEG0.68×
0.1%Dividend yield2.3%
₹2.70Dividend per share¥0.86
Profitability
2%Net margin42%
21%Operating margin38%
14%Return on equity25%
0%Return on assets2%
Growth
-82%Revenue growth (YoY)-15%
11.5%Avg. growth/yr (3Y)-9.5%
6.4%Avg. growth/yr (5Y)-4.8%
Balance & size
Debt / equity0.06×
$19BMarket cap$157B
mixedGrowth qualityweak

China Life Insurance Co Ltd A leads: 3 to 9 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

SBI Life Insurance Companyof which business quality 46 · market factors 54 China Life Insurance Co Ltd Aof which business quality 57 · market factors 42
ProfitabilityMargins and returns on capital today
24
47
Quality GrowthAre margins and returns improving?
28
68
CashflowEarnings quality: real cash, not paper profit
100
100
Fin. StrengthBalance sheet, leverage, solvency risk
2
1
InvestmentDisciplined investing over empire-building
50
59
Low VolatilityCalm price path (market factor)
95
68
MomentumPrice trend over the last 3–12 months (market factor)
36
32
52W MomentumDistance to the 52-week high (market factor)
36
29
Net IssuanceBuybacks instead of dilution
81
82

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

SBI Life Insurance Company

DCF Models₹2,740
Earnings-Based₹290
Dividend Discount₹51.56
Multiples₹419
Asset-Based₹127
Growth DCF₹5,177
Economic Profit₹311
Growth Earnings₹444

17 of 26 models see the stock below the current price.

China Life Insurance Co Ltd A

DCF Models¥330
Earnings-Based¥135
Dividend Discount¥17.98
Multiples¥74.21
Asset-Based¥14.11
Growth DCF¥752
Economic Profit¥84.37
Growth Earnings¥170

3 of 25 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

SBI Life Insurance Company
Bear ₹240Fair Value ₹320Bull ₹400
₹1,862 = current price (white tick)
China Life Insurance Co Ltd A
Bear ¥53.15Fair Value ¥70.87Bull ¥88.58
¥38.15 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

SBI Life Insurance Company · Financials

Quality score48 · below median
Fair value upside-83% · bottom 25%

China Life Insurance Co Ltd A · Financials

Quality score57 · above median
Fair value upside+86% · Top 25%

Bottom line

As of Aug 8, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: SBI Life Insurance Company trades at ₹1,862 versus a fair value of ₹320 (-83%), while China Life Insurance Co Ltd A trades at ¥38.15 versus ¥70.87 (+86%).

China Life Insurance Co Ltd A has the higher quality score (57/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.