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Canadian (TSX) Life and Health Insurance Industry Analysis

UpdatedMay 23, 2025
DataAggregated Company Financials
Companies7
  • 7D-0.9%
  • 3M3.8%
  • 1Y24.3%
  • YTDn/a

The Life and Health Insurance industry has been flat over the last week, but Manulife Financial has lost 3.6%. The past year has been better, since the industry has gained 24% in that time. As for the next few years, earnings are expected to grow by 9.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 May 2025CA$224.1bCA$149.3bCA$18.5b12.5x12.1x1.5x
Mon, 21 Apr 2025CA$210.6bCA$148.6bCA$17.6b12.2x12x1.4x
Wed, 19 Mar 2025CA$218.5bCA$147.2bCA$17.1b12.8x12.8x1.5x
Fri, 14 Feb 2025CA$218.1bCA$148.9bCA$17.9b12.4x12.2x1.5x
Sun, 12 Jan 2025CA$210.8bCA$146.9bCA$18.1b12.1x11.7x1.4x
Tue, 10 Dec 2024CA$227.8bCA$146.9bCA$18.1b13.2x12.6x1.6x
Thu, 07 Nov 2024CA$208.1bCA$146.1bCA$17.3b11.9x12x1.4x
Sat, 05 Oct 2024CA$202.4bCA$142.2bCA$16.5b11.6x12.2x1.4x
Mon, 02 Sep 2024CA$191.7bCA$142.2bCA$16.5b11.1x11.6x1.3x
Wed, 31 Jul 2024CA$181.7bCA$138.4bCA$16.1b11.8x11.3x1.3x
Fri, 28 Jun 2024CA$176.5bCA$138.4bCA$16.1b11.2x11x1.3x
Sun, 26 May 2024CA$185.4bCA$138.3bCA$16.1b12.1x11.5x1.3x
Tue, 23 Apr 2024CA$172.5bCA$139.5bCA$15.5b10.5x11.1x1.2x
Thu, 21 Mar 2024CA$181.4bCA$158.9bCA$14.7b12.4x12.4x1.1x
Sat, 17 Feb 2024CA$179.6bCA$178.8bCA$15.8b11x11.4x1x
Mon, 15 Jan 2024CA$169.7bCA$164.0bCA$23.6b7.2x7.2x1x
Wed, 13 Dec 2023CA$171.7bCA$164.1bCA$23.6b7.6x7.3x1x
Fri, 10 Nov 2023CA$154.5bCA$164.9bCA$21.3b8.5x7.2x0.9x
Sun, 08 Oct 2023CA$155.5bCA$164.6bCA$21.9b7.5x7.1x0.9x
Tue, 05 Sep 2023CA$159.5bCA$181.6bCA$21.9b7.5x7.3x0.9x
Thu, 03 Aug 2023CA$162.5bCA$176.5bCA$18.4b9.2x8.8x0.9x
Sat, 01 Jul 2023CA$159.3bCA$176.5bCA$18.4b9.2x8.6x0.9x
Mon, 29 May 2023CA$159.4bCA$170.9bCA$18.4b8.9x8.6x0.9x
Wed, 26 Apr 2023CA$154.8bCA$144.1bCA$16.2b11x9.6x1.1x
Fri, 24 Mar 2023CA$145.9bCA$144.2bCA$16.2b10.2x9x1x
Sun, 19 Feb 2023CA$159.0bCA$148.5bCA$16.4b11x9.7x1.1x
Tue, 17 Jan 2023CA$149.4bCA$160.5bCA$16.4b10.6x9.1x0.9x
Thu, 15 Dec 2022CA$142.0bCA$160.5bCA$16.4b9.8x8.6x0.9x
Sat, 12 Nov 2022CA$140.6bCA$165.8bCA$16.8b9.5x8.4x0.8x
Mon, 10 Oct 2022CA$131.6bCA$179.0bCA$17.8b8.7x7.4x0.7x
Wed, 07 Sep 2022CA$135.1bCA$178.8bCA$17.8b9x7.6x0.8x
Fri, 05 Aug 2022CA$143.9bCA$217.4bCA$20.2b8.2x7.1x0.7x
Sun, 03 Jul 2022CA$139.9bCA$241.9bCA$20.4b7.8x6.9x0.6x
Tue, 31 May 2022CA$150.5bCA$241.9bCA$20.4b8.7x7.4x0.6x
Price to Earnings Ratio

7.4x


Total Market Cap: CA$150.5bTotal Earnings: CA$20.4bTotal Revenue: CA$241.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Life and Health Insurance Industry Price to Earnings3Y Average 9.6x202320242025
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 12.1x which is higher than its 3-year average PE of 9.6x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Life and Health Insurance industry have declined 3.1% per year over the last three years,
  • Revenues have also declined 15% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

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

CA Market-0.052%
Financials-0.40%
Insurance0.13%
Life and Health Insurance-0.94%
Property and Casualty Insurance2.33%
Insurance Brokers0%0
General Insurance0%0
Reinsurance0%0
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
POW Power Corporation of CanadaCA$50.891.8%
+CA$574.7m		26.4%PE12x
GWO Great-West LifecoCA$51.460.3%
+CA$158.2m		20.6%PE12.5x
ELF E-L FinancialCA$1.57k0.07%
+CA$3.8m		42.7%PE1.7x
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Latest News

GWO

CA$51.46

Great-West Lifeco

7D

0.3%

1Y

20.6%

MFC

CA$42.83

Manulife Financial

7D

-4.3%

1Y

18.0%

POW

CA$50.89

Power Corporation of Canada

7D

1.8%

1Y

26.4%

ELF

CA$1,569.99

E-L Financial

7D

0.07%

1Y

42.7%

SFC

CA$7.90

Sagicor Financial

7D

-2.2%

1Y

16.2%

IAG

CA$138.89

iA Financial

7D

-2.2%

1Y

49.6%

SLF

CA$87.32

Sun Life Financial

7D

-0.7%

1Y

25.2%