Header cover image

Canadian (TSX) Property and Casualty Insurance Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies4
  • 7D0.7%
  • 3M18.4%
  • 1Y38.9%
  • YTDn/a

Over the last 7 days, the Property and Casualty Insurance industry has remained flat, although notably Trisura Group declined by 3.0%. As for the the longer term, the industry is up 35% over the past 12 months. Looking forward, earnings are forecast to grow by 3.2% annually.

Industry Valuation and Performance

Has the Canadian Property and Casualty Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024CA$83.5bCA$78.5bCA$7.5b22.9x11.1x1.1x
Wed, 14 Feb 2024CA$76.4bCA$67.7bCA$5.8b19x13.3x1.1x
Fri, 12 Jan 2024CA$73.8bCA$65.6bCA$5.7b10.5x13.1x1.1x
Sun, 10 Dec 2023CA$72.5bCA$66.1bCA$5.7b10.5x12.7x1.1x
Tue, 07 Nov 2023CA$70.2bCA$62.7bCA$6.9b10.5x10.2x1.1x
Thu, 05 Oct 2023CA$67.6bCA$67.1bCA$5.3b10.5x12.8x1x
Sat, 02 Sep 2023CA$68.2bCA$66.6bCA$5.2b10.5x13x1x
Mon, 31 Jul 2023CA$66.9bCA$62.9bCA$5.0b11.4x13.4x1.1x
Wed, 28 Jun 2023CA$65.7bCA$62.7bCA$5.0b10.8x13.2x1x
Fri, 26 May 2023CA$64.9bCA$63.9bCA$5.0b10.8x12.9x1x
Sun, 23 Apr 2023CA$65.0bCA$61.6bCA$4.1b15.8x15.7x1.1x
Tue, 21 Mar 2023CA$61.1bCA$62.0bCA$4.2b14.9x14.7x1x
Thu, 16 Feb 2023CA$63.1bCA$59.0bCA$2.8b16.6x22.8x1.1x
Sat, 14 Jan 2023CA$62.4bCA$58.8bCA$2.9b27.5x21.2x1.1x
Mon, 12 Dec 2022CA$62.7bCA$59.3bCA$2.9b28.2x21.3x1.1x
Wed, 09 Nov 2022CA$59.2bCA$58.6bCA$2.9b27.1x20.5x1x
Fri, 07 Oct 2022CA$56.4bCA$59.1bCA$3.6b18.9x15.6x1x
Sun, 04 Sep 2022CA$56.3bCA$57.6bCA$3.6b21.7x15.7x1x
Tue, 02 Aug 2022CA$57.6bCA$56.8bCA$3.6b23.8x16.1x1x
Thu, 30 Jun 2022CA$53.4bCA$57.0bCA$5.7b16.2x9.4x0.9x
Sat, 28 May 2022CA$54.3bCA$56.6bCA$5.6b16.2x9.7x1x
Mon, 25 Apr 2022CA$55.8bCA$54.5bCA$6.6b15.7x8.5x1x
Wed, 23 Mar 2022CA$55.5bCA$54.3bCA$6.5b16.5x8.5x1x
Fri, 18 Feb 2022CA$57.1bCA$54.5bCA$6.6b16x8.6x1x
Sun, 16 Jan 2022CA$33.5bCA$18.7bCA$2.0b15.3x16.7x1.8x
Tue, 14 Dec 2021CA$33.3bCA$18.7bCA$2.0b14.9x16.6x1.8x
Thu, 11 Nov 2021CA$31.1bCA$13.8bCA$1.8b17.2x17.2x2.3x
Sat, 09 Oct 2021CA$31.0bCA$13.7bCA$1.8b16.8x17.2x2.3x
Mon, 06 Sep 2021CA$32.5bCA$13.7bCA$1.8b17.5x18x2.4x
Wed, 04 Aug 2021CA$31.9bCA$13.7bCA$1.8b17.2x17.7x2.3x
Sat, 08 May 2021CA$24.7bCA$12.9bCA$1.5b16.3x16.7x1.9x
Price to Earnings Ratio

15.7x


Total Market Cap: CA$23.3bTotal Earnings: CA$1.5bTotal Revenue: CA$12.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Property and Casualty Insurance Industry Price to Earnings3Y Average 14.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Property and Casualty Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.9x which is lower than its 3-year average PE of 14.7x.
  • 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 Property and Casualty Insurance industry have grown 72% per year over the last three years.
  • Revenues for these companies have grown 82% 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 Canadian Property and Casualty Insurance compare with similar industries?

CA Market0.35%
Financials-0.29%
Insurance0.32%
Property and Casualty Insurance0.67%
Life and Health Insurance0.16%
General Insurance0%
Reinsurance0%
Insurance Brokers-12.50%
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
FFH Fairfax Financial HoldingsCA$1.54k3.4%
+CA$1.2b
72.8%PE6.2x
TSU Trisura GroupCA$43.260.8%
+CA$16.1m
37.7%PE30.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.