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Australian (ASX) Property and Casualty Insurance Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies3
- 7D2.4%
- 3M15.7%
- 1Y35.8%
- YTDn/a
Over the last 7 days, the Property and Casualty Insurance industry has risen 4.5%, driven by gains from every company within the industry. This means that the industry has gained 35% over the past year. Looking forward, earnings are forecast to grow by 3.2% annually.
Industry Valuation and Performance
Has the Australian Property and Casualty Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Nov 2024 | AU$74.1b | AU$63.4b | AU$4.5b | 21.6x | 16.6x | 1.2x |
| Mon, 21 Oct 2024 | AU$66.9b | AU$62.4b | AU$4.4b | 19.8x | 15.3x | 1.1x |
| Wed, 18 Sep 2024 | AU$66.6b | AU$62.1b | AU$4.4b | 20.4x | 15.3x | 1.1x |
| Fri, 16 Aug 2024 | AU$63.2b | AU$63.4b | AU$4.5b | 18.4x | 14x | 1x |
| Sun, 14 Jul 2024 | AU$63.8b | AU$61.7b | AU$3.9b | 18.3x | 16.6x | 1x |
| Tue, 11 Jun 2024 | AU$64.4b | AU$62.7b | AU$3.9b | 17.9x | 16.5x | 1x |
| Thu, 09 May 2024 | AU$61.9b | AU$62.8b | AU$3.9b | 17.6x | 15.8x | 1x |
| Sat, 06 Apr 2024 | AU$62.8b | AU$68.7b | AU$3.9b | 17.5x | 16.1x | 0.9x |
| Mon, 04 Mar 2024 | AU$60.1b | AU$69.0b | AU$3.9b | 16.5x | 15.3x | 0.9x |
| Wed, 31 Jan 2024 | AU$54.8b | AU$50.6b | AU$3.6b | 15.4x | 15.2x | 1.1x |
| Fri, 29 Dec 2023 | AU$52.9b | AU$49.8b | AU$3.5b | 15.2x | 14.9x | 1.1x |
| Sun, 26 Nov 2023 | AU$54.6b | AU$50.7b | AU$3.6b | 15.3x | 15.1x | 1.1x |
| Tue, 24 Oct 2023 | AU$53.9b | AU$51.7b | AU$3.7b | 14.9x | 14.7x | 1x |
| Thu, 21 Sep 2023 | AU$55.2b | AU$51.1b | AU$3.6b | 15.6x | 15.2x | 1.1x |
| Sat, 19 Aug 2023 | AU$53.3b | AU$50.4b | AU$3.5b | 14.6x | 15.4x | 1.1x |
| Mon, 17 Jul 2023 | AU$53.6b | AU$43.8b | AU$2.5b | 21.2x | 21x | 1.2x |
| Wed, 14 Jun 2023 | AU$51.2b | AU$44.0b | AU$2.6b | 19.3x | 20x | 1.2x |
| Fri, 12 May 2023 | AU$50.2b | AU$44.1b | AU$2.6b | 18.5x | 19.6x | 1.1x |
| Sun, 09 Apr 2023 | AU$49.9b | AU$44.3b | AU$2.6b | 18.9x | 19.4x | 1.1x |
| Tue, 07 Mar 2023 | AU$49.9b | AU$44.2b | AU$2.6b | 19x | 19.5x | 1.1x |
| Thu, 02 Feb 2023 | AU$48.4b | AU$40.7b | AU$1.6b | 34.5x | 30.1x | 1.2x |
| Sat, 31 Dec 2022 | AU$46.7b | AU$41.5b | AU$1.6b | 33.1x | 28.6x | 1.1x |
| Mon, 28 Nov 2022 | AU$46.4b | AU$41.6b | AU$1.6b | 31.8x | 28.4x | 1.1x |
| Wed, 26 Oct 2022 | AU$43.6b | AU$42.9b | AU$1.7b | 27.4x | 26x | 1x |
| Fri, 23 Sep 2022 | AU$41.4b | AU$41.9b | AU$1.6b | 28.7x | 25.2x | 1x |
| Sun, 21 Aug 2022 | AU$43.1b | AU$41.3b | AU$1.6b | 30.1x | 26.5x | 1x |
| Tue, 19 Jul 2022 | AU$42.0b | AU$41.8b | AU$2.2b | 16.8x | 19.3x | 1x |
| Thu, 16 Jun 2022 | AU$41.7b | AU$41.5b | AU$2.2b | 17.2x | 19.3x | 1x |
| Sat, 14 May 2022 | AU$45.1b | AU$41.6b | AU$2.2b | 18.5x | 20.9x | 1.1x |
| Mon, 11 Apr 2022 | AU$41.6b | AU$40.0b | AU$2.1b | 18.3x | 20x | 1x |
| Wed, 09 Mar 2022 | AU$38.5b | AU$40.3b | AU$2.1b | 15.7x | 18.3x | 1x |
| Fri, 04 Feb 2022 | AU$42.7b | AU$40.5b | AU$38.0m | 13.8x | 1124.7x | 1.1x |
| Sun, 02 Jan 2022 | AU$41.2b | AU$40.2b | AU$49.6m | 13.5x | 829.8x | 1x |
| Tue, 30 Nov 2021 | AU$41.3b | AU$40.6b | AU$37.4m | 13x | 1104.8x | 1x |
Price to Earnings Ratio
1104.8x
Current Industry PE
- There are only 3 companies in the Australian Property and Casualty Insurance industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Property and Casualty Insurance industry have grown 392% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Property and Casualty Insurance compare with similar industries?
| AU Market | 0.92% | |
| Financials | 1.49% | |
| Insurance | 1.57% | |
| Property and Casualty Insurance | 2.36% | |
| Insurance Brokers | 1.72% | |
| General Insurance | 0% | |
| Reinsurance | 0% | |
| Life and Health Insurance | -2.38% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| QBE QBE Insurance Group | AU$19.78 | 2.4% +AU$707.5m | 29.3% | PE11.3x | |
| IAG Insurance Australia Group | AU$8.22 | 3.0% +AU$567.2m | 38.9% | PE21.6x | |
| SUN Suncorp Group | AU$19.59 | 1.8% +AU$432.6m | 42.0% | PE26.5x |