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Canadian (TSX) Life and Health Insurance Industry Analysis

UpdatedMay 30, 2023
DataAggregated Company Financials
Companies7
  • 7D-0.2%
  • 3M-0.3%
  • 1Y8.3%
  • YTD10.4%

The Life and Health Insurance industry has stayed flat over the last week. As for the the longer term, the industry is up 8.4% over the past 12 months. As for the next few years, earnings are expected to grow by 3.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 May 2023CA$160.3bCA$170.8bCA$18.4b8.8x8.7x0.9x
Thu, 27 Apr 2023CA$155.4bCA$144.1bCA$16.2b11.1x9.6x1.1x
Sat, 25 Mar 2023CA$145.9bCA$144.2bCA$16.2b10.2x9x1x
Mon, 20 Feb 2023CA$159.0bCA$148.5bCA$16.4b11x9.7x1.1x
Wed, 18 Jan 2023CA$150.1bCA$160.5bCA$16.4b10.7x9.1x0.9x
Fri, 16 Dec 2022CA$140.4bCA$160.5bCA$16.4b9.8x8.5x0.9x
Sun, 13 Nov 2022CA$140.6bCA$165.6bCA$18.6b9.5x7.6x0.8x
Tue, 11 Oct 2022CA$131.6bCA$179.0bCA$17.8b8.7x7.4x0.7x
Thu, 08 Sep 2022CA$135.1bCA$178.8bCA$17.8b9x7.6x0.8x
Sat, 06 Aug 2022CA$144.0bCA$217.4bCA$20.2b8.2x7.1x0.7x
Mon, 04 Jul 2022CA$139.9bCA$241.9bCA$20.4b7.8x6.9x0.6x
Wed, 01 Jun 2022CA$149.2bCA$241.9bCA$20.4b8.6x7.3x0.6x
Fri, 29 Apr 2022CA$155.2bCA$249.9bCA$19.0b8.7x8.2x0.6x
Sun, 27 Mar 2022CA$164.9bCA$249.8bCA$19.0b9x8.7x0.7x
Tue, 22 Feb 2022CA$168.5bCA$248.5bCA$19.2b9.4x8.8x0.7x
Thu, 20 Jan 2022CA$169.0bCA$241.3bCA$18.7b9.8x9x0.7x
Sat, 18 Dec 2021CA$161.6bCA$241.4bCA$18.7b9.7x8.6x0.7x
Mon, 15 Nov 2021CA$166.6bCA$236.9bCA$18.4b10.5x9x0.7x
Wed, 13 Oct 2021CA$164.9bCA$232.6bCA$18.6b10.4x8.9x0.7x
Fri, 10 Sep 2021CA$163.5bCA$232.6bCA$18.6b11x8.8x0.7x
Sun, 08 Aug 2021CA$162.5bCA$232.6bCA$18.6b10.4x8.7x0.7x
Sat, 01 May 2021CA$160.0bCA$242.0bCA$16.2b10x9.9x0.7x
Tue, 02 Feb 2021CA$136.8bCA$268.3bCA$14.1b9.6x9.7x0.5x
Fri, 06 Nov 2020CA$117.1bCA$243.3bCA$12.5b9.5x9.4x0.5x
Mon, 10 Aug 2020CA$112.3bCA$253.2bCA$10.7b10.4x10.5x0.4x
Price to Earnings Ratio

10.2x


Total Market Cap: CA$105.3bTotal Earnings: CA$10.3bTotal Revenue: CA$205.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Life and Health Insurance Industry Price to Earnings3Y Average 9x202120222023
Current Industry PE
  • Investors are relatively neutral on the Canadian Life and Health Insurance industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 9.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
  • The earnings for companies in the Life and Health Insurance industry have grown 21% per year over the last three years.
  • Meanwhile revenues for these companies have declined 6.0% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

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

CA Market-1.72%
Financials-1.02%
Insurance0.026%
Life and Health Insurance-0.17%
Property and Casualty Insurance0.51%
Insurance Brokers0%
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
GWO Great-West LifecoCA$39.581.4%
+CA$493.5m		14.3%PE14.9x
SLF Sun Life FinancialCA$67.340.2%
+CA$93.9m		5.4%PE12.3x
IAG iA FinancialCA$87.590.8%
+CA$74.3m		33.7%PE8.1x
SFC Sagicor FinancialCA$4.900.4%
+CA$2.8m		-24.5%PE2.6x
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POW

CA$35.61

Power Corporation of Canada

7D

-0.2%

1Y

-3.3%

SLF

CA$67.34

Sun Life Financial

7D

0.2%

1Y

5.4%

GWO

CA$39.58

Great-West Lifeco

7D

1.4%

1Y

14.3%

MFC

CA$25.66

Manulife Financial

7D

-1.8%

1Y

9.6%

IAG

CA$87.59

iA Financial

7D

0.8%

1Y

33.7%

ELF

CA$890.93

E-L Financial

7D

-0.4%

1Y

6.8%

SFC

CA$4.90

Sagicor Financial

7D

0.4%

1Y

-24.5%