Has the Emirati Insurance Industry valuation changed over the past few years?
|Sun, 05 Dec 2021||د.إ14.3b||د.إ10.6b||د.إ1.4b||10.5x|
|Tue, 02 Nov 2021||د.إ14.2b||د.إ10.7b||د.إ1.6b||10.3x|
|Thu, 30 Sep 2021||د.إ13.8b||د.إ10.3b||د.إ1.6b||9.7x|
|Sat, 28 Aug 2021||د.إ14.3b||د.إ10.7b||د.إ1.6b||10.8x|
|Sun, 04 Jul 2021||د.إ14.4b||د.إ10.7b||د.إ1.6b||10x|
|Wed, 07 Apr 2021||د.إ14.0b||د.إ10.5b||د.إ1.7b||8.2x|
|Sat, 09 Jan 2021||د.إ14.2b||د.إ10.3b||د.إ1.4b||9.8x|
|Fri, 02 Oct 2020||د.إ13.5b||د.إ10.1b||د.إ1.4b||7.9x|
|Mon, 06 Jul 2020||د.إ12.3b||د.إ10.0b||د.إ983.7m||9.5x|
|Thu, 09 Apr 2020||د.إ12.6b||د.إ10.1b||د.إ882.3m||12.7x|
|Wed, 01 Jan 2020||د.إ12.7b||د.إ10.2b||د.إ1.1b||11.6x|
|Sat, 05 Oct 2019||د.إ12.8b||د.إ10.0b||د.إ826.4m||16.4x|
|Tue, 09 Jul 2019||د.إ11.9b||د.إ10.0b||د.إ879.7m||15.3x|
|Mon, 01 Apr 2019||د.إ12.6b||د.إ9.9b||د.إ892.9m||12.4x|
|Thu, 03 Jan 2019||د.إ12.9b||د.إ9.9b||د.إ889.0m||10.4x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 11.3x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Insurance industry have grown 5.0% per year over the last three years, and revenues for these companies have grown 2.1% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Emirati Insurance industry?
|Life and Health Insurance||-0.44%|
|Property and Casualty Insurance||-2.85%|
Industry PE: Investors are most optimistic about the Property and Casualty Insurance industry which is trading above its 3-year average PE ratio of 12.0x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the General Insurance industry, which is trading close to its 3-year average of 10.8x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Which companies have driven the market over the last 7 days?
|ADNIC Abu Dhabi National Insurance Company PJSC||1.2%+د.إ39.9m||11.8%||PE7.8x|
|SALAMA Islamic Arab Insurance (Salama) PJSC||2.4%+د.إ21.4m||-9.8%||PE16x|
|DARTAKAFUL Dar Al Takaful PJSC||9.7%+د.إ16.5m||26.5%||PE10.5x|
|AMAN Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C)||2.9%+د.إ6.8m||-5.4%||PE8.9x|
|METHAQ Methaq Takaful Insurance Company PSC||5.9%+د.إ6.3m||-18.1%||PS0.6x|