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Canadian (TSX) Life and Health Insurance Industry Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies7
  • 7D2.7%
  • 3M-0.8%
  • 1Y24.4%
  • YTDn/a

Over the last 7 days, the Life and Health Insurance industry has risen 2.7%, driven by gains from Manulife Financial of 7.3%. This takes the industry's 12 month performance to a gain of 24%. Looking forward, earnings are forecast to grow by 7.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025CA$216.1bCA$154.6bCA$18.4b12.8x11.7x1.4x
Sun, 19 Jan 2025CA$213.5bCA$146.9bCA$18.1b12x11.8x1.5x
Tue, 17 Dec 2024CA$218.0bCA$146.9bCA$18.1b12.9x12.1x1.5x
Thu, 14 Nov 2024CA$221.1bCA$144.7bCA$17.5b12.5x12.7x1.5x
Sat, 12 Oct 2024CA$205.5bCA$142.3bCA$16.6b11.7x12.4x1.4x
Mon, 09 Sep 2024CA$191.0bCA$142.2bCA$16.5b11.2x11.5x1.3x
Wed, 07 Aug 2024CA$175.8bCA$138.4bCA$16.1b11.4x10.9x1.3x
Fri, 05 Jul 2024CA$180.0bCA$138.3bCA$16.1b11.2x11.2x1.3x
Sun, 02 Jun 2024CA$180.5bCA$138.3bCA$16.1b11.6x11.2x1.3x
Tue, 30 Apr 2024CA$173.4bCA$139.5bCA$15.5b10.8x11.2x1.2x
Thu, 28 Mar 2024CA$181.3bCA$141.5bCA$15.3b10.8x11.9x1.3x
Sat, 24 Feb 2024CA$181.5bCA$160.8bCA$14.7b12.3x12.3x1.1x
Mon, 22 Jan 2024CA$169.6bCA$164.0bCA$23.6b7.2x7.2x1x
Wed, 20 Dec 2023CA$170.9bCA$164.0bCA$23.6b7.6x7.3x1x
Fri, 17 Nov 2023CA$164.0bCA$156.1bCA$23.7b7.3x6.9x1.1x
Sun, 15 Oct 2023CA$156.1bCA$164.6bCA$21.9b7.4x7.1x0.9x
Tue, 12 Sep 2023CA$160.2bCA$181.6bCA$21.9b7.5x7.3x0.9x
Thu, 10 Aug 2023CA$162.9bCA$186.1bCA$18.2b9x8.9x0.9x
Sat, 08 Jul 2023CA$158.0bCA$176.5bCA$18.4b9.1x8.6x0.9x
Mon, 05 Jun 2023CA$159.9bCA$170.8bCA$18.4b8.9x8.7x0.9x
Wed, 03 May 2023CA$158.3bCA$144.1bCA$16.2b11.3x9.8x1.1x
Fri, 31 Mar 2023CA$147.7bCA$144.1bCA$16.2b10.5x9.1x1x
Sun, 26 Feb 2023CA$156.7bCA$148.5bCA$16.4b11x9.6x1.1x
Tue, 24 Jan 2023CA$150.8bCA$160.5bCA$16.4b10.8x9.2x0.9x
Thu, 22 Dec 2022CA$143.1bCA$160.5bCA$16.4b10.1x8.7x0.9x
Sat, 19 Nov 2022CA$140.8bCA$160.5bCA$16.4b9.8x8.6x0.9x
Mon, 17 Oct 2022CA$130.3bCA$179.0bCA$17.8b8.6x7.3x0.7x
Wed, 14 Sep 2022CA$142.2bCA$178.8bCA$17.8b9.5x8x0.8x
Fri, 12 Aug 2022CA$146.5bCA$208.2bCA$19.7b9.5x7.4x0.7x
Sun, 10 Jul 2022CA$141.1bCA$242.0bCA$20.4b8x6.9x0.6x
Tue, 07 Jun 2022CA$148.9bCA$241.9bCA$20.4b8.6x7.3x0.6x
Thu, 05 May 2022CA$154.9bCA$249.9bCA$19.0b8.7x8.2x0.6x
Sat, 02 Apr 2022CA$165.4bCA$249.8bCA$19.0b8.9x8.7x0.7x
Mon, 28 Feb 2022CA$164.8bCA$248.5bCA$19.2b9.2x8.6x0.7x
Price to Earnings Ratio

8.6x


Total Market Cap: CA$164.8bTotal Earnings: CA$19.2bTotal Revenue: CA$248.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Life and Health Insurance Industry Price to Earnings3Y Average 9.3x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Life and Health Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.7x which is higher than its 3-year average PE of 9.3x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Life and Health Insurance industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 15% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Comparison

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

CA Market-0.52%
Financials0.57%
Insurance1.43%
Life and Health Insurance2.67%
General Insurance0%0
Reinsurance0%0
Property and Casualty Insurance-1.07%
Insurance Brokers-1.82%
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
MFC Manulife FinancialCA$45.147.3%
+CA$5.3b		38.0%PE13.8x
GWO Great-West LifecoCA$52.071.1%
+CA$549.8m		21.2%PE12.1x
POW Power Corporation of CanadaCA$48.071.3%
+CA$386.1m		21.4%PE13.5x
IAG iA FinancialCA$129.250.3%
+CA$37.8m		51.2%PE12.8x
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IAG

CA$129.25

iA Financial

7D

0.3%

1Y

51.2%

MFC

CA$45.14

Manulife Financial

7D

7.3%

1Y

38.0%

GWO

CA$52.07

Great-West Lifeco

7D

1.1%

1Y

21.2%

ELF

CA$1,450.00

E-L Financial

7D

-3.5%

1Y

42.2%

SLF

CA$78.19

Sun Life Financial

7D

-0.3%

1Y

5.9%

POW

CA$48.07

Power Corporation of Canada

7D

1.3%

1Y

21.4%

SFC

CA$8.00

Sagicor Financial

7D

-0.6%

1Y

29.0%