Header cover image

Bahraini (BAX) Insurance Industry Analysis

UpdatedMay 17, 2024
DataAggregated Company Financials
Companies5
  • 7D0.2%
  • 3M4.3%
  • 1Y25.8%
  • YTD11.1%

In the last week, Insurance has been flat. The past year has been better, since the industry has gained 17% in that time.

Industry Valuation and Performance

Has the Bahraini Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 17 May 2024ب.د369.0mب.د178.6mب.د38.5m8.7x9.6x2.1x
Sun, 14 Apr 2024ب.د370.9mب.د170.7mب.د31.8m9.6x11.7x2.2x
Tue, 12 Mar 2024ب.د328.9mب.د170.7mب.د31.8m9.7x10.4x1.9x
Thu, 08 Feb 2024ب.د294.8mب.د107.5mب.د24.0m11.2x12.3x2.7x
Sat, 06 Jan 2024ب.د321.0mب.د126.7mب.د25.5m11.4x12.6x2.5x
Mon, 04 Dec 2023ب.د283.5mب.د126.7mب.د25.5m9.2x11.1x2.2x
Wed, 01 Nov 2023ب.د265.7mب.د130.0mب.د25.8m9.7x10.3x2x
Fri, 29 Sep 2023ب.د262.2mب.د130.0mب.د25.8m9.5x10.2x2x
Sun, 27 Aug 2023ب.د260.6mب.د130.0mب.د25.8m9.3x10.1x2x
Tue, 25 Jul 2023ب.د258.4mب.د127.1mب.د26.3m9.9x9.8x2x
Thu, 22 Jun 2023ب.د265.2mب.د126.6mب.د26.3m10.1x10.1x2.1x
Sat, 20 May 2023ب.د267.5mب.د126.2mب.د36.5m9.2x7.3x2.1x
Mon, 17 Apr 2023ب.د239.4mب.د130.5mب.د37.9m8.5x6.3x1.8x
Wed, 15 Mar 2023ب.د242.9mب.د130.5mب.د37.9m9.1x6.4x1.9x
Fri, 10 Feb 2023ب.د238.7mب.د123.4mب.د36.9m9.6x6.5x1.9x
Sun, 08 Jan 2023ب.د231.0mب.د123.4mب.د36.9m8.5x6.3x1.9x
Tue, 06 Dec 2022ب.د236.6mب.د123.4mب.د36.9m8.8x6.4x1.9x
Thu, 03 Nov 2022ب.د238.6mب.د118.8mب.د36.7m8.9x6.5x2x
Sat, 01 Oct 2022ب.د238.6mب.د118.8mب.د36.7m8.9x6.5x2x
Mon, 29 Aug 2022ب.د244.4mب.د118.8mب.د36.7m8.9x6.7x2.1x
Wed, 27 Jul 2022ب.د241.3mب.د118.5mب.د40.4m9x6x2x
Fri, 24 Jun 2022ب.د244.3mب.د118.5mب.د40.4m9.2x6x2.1x
Sun, 22 May 2022ب.د245.0mب.د116.0mب.د40.3m8.8x6.1x2.1x
Tue, 19 Apr 2022ب.د253.5mب.د125.3mب.د38.9m8.1x6.5x2x
Thu, 17 Mar 2022ب.د243.8mب.د105.9mب.د37.3m10.8x6.5x2.3x
Sat, 12 Feb 2022ب.د240.9mب.د115.3mب.د37.6m10.5x6.4x2.1x
Mon, 10 Jan 2022ب.د240.8mب.د115.3mب.د37.6m10.5x6.4x2.1x
Wed, 08 Dec 2021ب.د231.9mب.د115.3mب.د37.6m9.5x6.2x2x
Fri, 05 Nov 2021ب.د210.5mب.د123.0mب.د36.2m7.3x5.8x1.7x
Sun, 03 Oct 2021ب.د210.4mب.د123.0mب.د36.2m7.4x5.8x1.7x
Tue, 31 Aug 2021ب.د238.8mب.د141.4mب.د39.0m8.3x6.1x1.7x
Wed, 07 Jul 2021ب.د230.4mب.د141.4mب.د39.0m7.5x5.9x1.6x
Price to Earnings Ratio

6.3x


Total Market Cap: ب.د220.4mTotal Earnings: ب.د35.0mTotal Revenue: ب.د151.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Bahraini Insurance Industry Price to Earnings3Y Average 7.8x202220232024
Current Industry PE
  • Investors are optimistic on the Bahraini Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.4x which is higher than its 3-year average PE of 7.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have declined 2.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Bahraini Financials industry?

BH Market-1.18%
Financials0.13%
Insurance0.17%
Property and Casualty Insurance0.43%
Insurance Brokers0%
Life and Health Insurance0%
General Insurance0%
Reinsurance0%
Industry PE
  • Investors are most optimistic about the Reinsurance industry which is trading above its 3-year average PE ratio of 5.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the General Insurance industry, which is trading below its 3-year average of 11.5x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SOLID Solidarity Bahrain B.S.Cب.د0.311.0%
+ب.د399.9k
7.6%PE8.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

SOLID

ب.د0.31

Solidarity Bahrain B.S.C

7D

1.0%

1Y

7.6%