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Australian (ASX) Life and Health Insurance Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies5
  • 7D0.9%
  • 3M-5.8%
  • 1Y3.0%
  • YTDn/a

Last week, the Life and Health Insurance industry hasn't moved much but Generation Development Group is up 7.9% in that time. The past year has been better, since the industry has gained 3.0% in that time. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

Has the Australian Life and Health Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024AU$14.7bAU$12.6bAU$212.6m33.5x69.3x1.2x
Sat, 19 Oct 2024AU$14.5bAU$12.6bAU$212.6m52.1x68x1.1x
Mon, 16 Sep 2024AU$14.6bAU$12.6bAU$212.6m50.2x68.6x1.2x
Wed, 14 Aug 2024AU$15.5bAU$12.0bAU$933.2m17.5x16.6x1.3x
Fri, 12 Jul 2024AU$14.4bAU$12.0bAU$933.2m17.5x15.5x1.2x
Sun, 09 Jun 2024AU$15.0bAU$12.0bAU$933.2m17.1x16.1x1.3x
Tue, 07 May 2024AU$14.1bAU$12.0bAU$933.2m17.6x15.1x1.2x
Thu, 04 Apr 2024AU$15.0bAU$12.0bAU$933.2m17.4x16x1.3x
Sat, 02 Mar 2024AU$14.6bAU$11.9bAU$929.8m16.9x15.7x1.2x
Mon, 29 Jan 2024AU$15.0bAU$11.2bAU$742.1m19.5x20.2x1.3x
Wed, 27 Dec 2023AU$14.1bAU$11.2bAU$742.1m18x19x1.3x
Fri, 24 Nov 2023AU$14.2bAU$11.2bAU$742.1m18.6x19.1x1.3x
Sun, 22 Oct 2023AU$14.1bAU$11.2bAU$742.1m18.9x19x1.3x
Tue, 19 Sep 2023AU$14.0bAU$11.2bAU$742.1m18.7x18.9x1.3x
Thu, 17 Aug 2023AU$13.7bAU$10.2bAU$570.6m28.9x24.1x1.3x
Sat, 15 Jul 2023AU$13.7bAU$10.2bAU$570.6m27.7x24x1.3x
Mon, 12 Jun 2023AU$14.3bAU$10.2bAU$570.6m27.8x25.1x1.4x
Wed, 10 May 2023AU$14.3bAU$10.2bAU$570.6m27.7x25.1x1.4x
Fri, 07 Apr 2023AU$13.1bAU$10.1bAU$558.9m29.3x23.4x1.3x
Sun, 05 Mar 2023AU$12.8bAU$10.1bAU$558.9m29.5x22.9x1.3x
Tue, 31 Jan 2023AU$11.9bAU$9.9bAU$531.3m59.3x22.4x1.2x
Thu, 29 Dec 2022AU$12.0bAU$9.9bAU$531.3m57.7x22.6x1.2x
Sat, 26 Nov 2022AU$11.5bAU$9.9bAU$531.3m62.3x21.7x1.2x
Mon, 24 Oct 2022AU$13.0bAU$9.9bAU$531.3m54.9x24.5x1.3x
Wed, 21 Sep 2022AU$13.4bAU$9.9bAU$531.3m60.3x25.3x1.4x
Fri, 19 Aug 2022AU$13.5bAU$10.2bAU$620.2m30.9x21.8x1.3x
Sun, 17 Jul 2022AU$13.2bAU$10.2bAU$620.2m32.6x21.3x1.3x
Tue, 14 Jun 2022AU$12.4bAU$10.2bAU$620.2m30.5x20x1.2x
Thu, 12 May 2022AU$12.6bAU$10.2bAU$620.2m32.1x20.2x1.2x
Sat, 09 Apr 2022AU$11.8bAU$10.2bAU$620.2m32.8x19.1x1.2x
Mon, 07 Mar 2022AU$11.9bAU$10.2bAU$620.2m33.3x19.3x1.2x
Wed, 02 Feb 2022AU$12.2bAU$10.0bAU$609.7m30x20x1.2x
Fri, 31 Dec 2021AU$13.1bAU$10.0bAU$609.7m30.4x21.6x1.3x
Sun, 28 Nov 2021AU$13.0bAU$10.0bAU$609.7m31.3x21.4x1.3x
Price to Earnings Ratio

21.4x


Total Market Cap: AU$13.0bTotal Earnings: AU$609.7mTotal Revenue: AU$10.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Life and Health Insurance Industry Price to Earnings3Y Average 24.5x202220232024
Current Industry PE
  • Investors are optimistic on the Australian Life and Health Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 69.3x which is higher than its 3-year average PE of 24.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Life and Health Insurance industry have declined 30% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.0% 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 Comparison

How does Australian Life and Health Insurance compare with similar industries?

AU Market1.37%
Financials2.36%
Insurance4.06%
Life and Health Insurance0.90%
Property and Casualty Insurance5.15%
Insurance Brokers0.98%
General Insurance0%
Reinsurance0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
GDG Generation Development GroupAU$3.827.9%
+AU$90.8m		134.4%PE195.8x
MPL Medibank PrivateAU$3.730.8%
+AU$82.6m		7.8%PE2634x
CVW ClearView WealthAU$0.359.4%
+AU$19.5m		-36.9%PE32.6x
NOL NobleOak LifeAU$1.622.5%
+AU$3.5m		-5.8%PE15.1x
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Latest News

CVW

AU$0.35

ClearView Wealth

7D

9.4%

1Y

-36.9%

GDG

AU$3.82

Generation Development Group

7D

7.9%

1Y

134.4%

NHF

AU$5.64

nib holdings

7D

-1.1%

1Y

-24.5%

MPL

AU$3.73

Medibank Private

7D

0.8%

1Y

7.8%

NOL

AU$1.62

NobleOak Life

7D

2.5%

1Y

-5.8%

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