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Australian (ASX) Life and Health Insurance Industry Analysis

UpdatedNov 05, 2024
DataAggregated Company Financials
Companies5
  • 7D-1.2%
  • 3M-5.2%
  • 1Y1.4%
  • YTDn/a

Over the last 7 days, the Life and Health Insurance industry has dropped 3.4%, driven by pullbacks from every company within the industry. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 Nov 2024AU$14.2bAU$12.6bAU$212.6m47.5x66.9x1.1x
Thu, 03 Oct 2024AU$14.2bAU$12.6bAU$212.6m49.8x66.9x1.1x
Sat, 31 Aug 2024AU$15.0bAU$12.3bAU$206.1m49.7x72.6x1.2x
Mon, 29 Jul 2024AU$15.1bAU$12.0bAU$933.2m18x16.1x1.3x
Wed, 26 Jun 2024AU$15.1bAU$12.0bAU$933.2m17.5x16.1x1.3x
Fri, 24 May 2024AU$14.5bAU$12.0bAU$933.2m17x15.5x1.2x
Sun, 21 Apr 2024AU$14.4bAU$12.0bAU$933.2m17.6x15.5x1.2x
Tue, 19 Mar 2024AU$15.2bAU$12.0bAU$933.2m17.6x16.2x1.3x
Thu, 15 Feb 2024AU$15.1bAU$11.2bAU$742.1m19.6x20.4x1.4x
Sat, 13 Jan 2024AU$14.9bAU$11.2bAU$742.1m18.8x20.1x1.3x
Mon, 11 Dec 2023AU$14.1bAU$11.2bAU$742.1m18.9x19x1.3x
Wed, 08 Nov 2023AU$13.7bAU$11.2bAU$742.1m18.4x18.5x1.2x
Fri, 06 Oct 2023AU$13.8bAU$11.2bAU$742.1m18.4x18.6x1.2x
Sun, 03 Sep 2023AU$14.8bAU$11.2bAU$742.1m19.6x19.9x1.3x
Tue, 01 Aug 2023AU$14.1bAU$10.2bAU$570.6m27.7x24.8x1.4x
Thu, 29 Jun 2023AU$14.0bAU$10.2bAU$570.6m27.8x24.5x1.4x
Sat, 27 May 2023AU$14.3bAU$10.2bAU$570.6m26.9x25x1.4x
Mon, 24 Apr 2023AU$13.8bAU$10.1bAU$558.9m29.4x24.7x1.4x
Wed, 22 Mar 2023AU$12.3bAU$10.1bAU$558.9m30.1x22x1.2x
Fri, 17 Feb 2023AU$12.5bAU$9.9bAU$531.3m61.4x23.6x1.3x
Sun, 15 Jan 2023AU$11.9bAU$9.9bAU$531.3m59.6x22.4x1.2x
Tue, 13 Dec 2022AU$11.8bAU$9.9bAU$531.3m58.7x22.2x1.2x
Thu, 10 Nov 2022AU$11.1bAU$9.9bAU$531.3m54x20.9x1.1x
Sat, 08 Oct 2022AU$13.3bAU$9.9bAU$531.3m58.3x25x1.3x
Mon, 05 Sep 2022AU$13.9bAU$9.9bAU$531.3m60.6x26.1x1.4x
Wed, 03 Aug 2022AU$13.4bAU$10.2bAU$620.2m31.6x21.7x1.3x
Fri, 01 Jul 2022AU$12.8bAU$10.2bAU$620.2m32.1x20.6x1.3x
Sun, 29 May 2022AU$12.6bAU$10.2bAU$620.2m31.9x20.4x1.2x
Tue, 26 Apr 2022AU$12.4bAU$10.2bAU$620.2m32.9x20.1x1.2x
Thu, 24 Mar 2022AU$11.9bAU$10.2bAU$620.2m32.6x19.1x1.2x
Sat, 19 Feb 2022AU$12.4bAU$10.0bAU$609.7m30.1x20.4x1.2x
Mon, 17 Jan 2022AU$13.2bAU$10.0bAU$609.7m31.4x21.6x1.3x
Wed, 15 Dec 2021AU$13.2bAU$10.0bAU$609.7m30.8x21.6x1.3x
Fri, 12 Nov 2021AU$13.2bAU$10.0bAU$609.7m30.8x21.6x1.3x
Price to Earnings Ratio

21.6x


Total Market Cap: AU$13.2bTotal 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 23.9x202220232024
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 66.1x which is higher than its 3-year average PE of 23.8x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
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 Market-0.64%
Financials-0.40%
Insurance-1.91%
Life and Health Insurance-1.21%
General Insurance0%
Reinsurance0%
Insurance Brokers-1.10%
Property and Casualty Insurance-2.18%
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
No data available
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