Bâloise Holding (VTX:BALN) Is Paying Out A Larger Dividend Than Last Year
Apr 25
Swiss (SMI) General Insurance Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies4
- 7D0.1%
- 3M0.7%
- 1Y2.3%
- YTDn/a
Over the last 7 days, the General Insurance industry has dropped 1.3%, driven by a pullback from Zurich Insurance Group of 0.5%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 9.7% per annum.
Industry Valuation and Performance
Has the Swiss General Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | CHF78.2b | CHF84.8b | CHF4.6b | 19.4x | 16.9x | 0.9x |
| Sat, 23 Mar 2024 | CHF84.1b | CHF83.0b | CHF5.2b | 11.2x | 16.2x | 1x |
| Mon, 19 Feb 2024 | CHF78.9b | CHF58.5b | CHF5.5b | 11.2x | 14.4x | 1.3x |
| Wed, 17 Jan 2024 | CHF78.4b | CHF57.6b | CHF5.4b | 10.6x | 14.5x | 1.4x |
| Fri, 15 Dec 2023 | CHF78.7b | CHF57.7b | CHF5.4b | 10.5x | 14.6x | 1.4x |
| Sun, 12 Nov 2023 | CHF76.7b | CHF59.5b | CHF5.6b | 10.7x | 13.7x | 1.3x |
| Tue, 10 Oct 2023 | CHF75.4b | CHF59.7b | CHF5.6b | 10.7x | 13.5x | 1.3x |
| Thu, 07 Sep 2023 | CHF75.4b | CHF58.5b | CHF5.5b | 12.2x | 13.7x | 1.3x |
| Sat, 05 Aug 2023 | CHF75.8b | CHF54.6b | CHF5.3b | 11.7x | 14.4x | 1.4x |
| Mon, 03 Jul 2023 | CHF76.3b | CHF55.6b | CHF5.4b | 11.1x | 14.2x | 1.4x |
| Wed, 31 May 2023 | CHF77.6b | CHF56.1b | CHF5.4b | 12x | 14.4x | 1.4x |
| Fri, 28 Apr 2023 | CHF77.8b | CHF55.7b | CHF5.4b | 12.4x | 14.5x | 1.4x |
| Sun, 26 Mar 2023 | CHF75.8b | CHF57.3b | CHF5.5b | 11x | 13.8x | 1.3x |
| Tue, 21 Feb 2023 | CHF79.3b | CHF57.9b | CHF5.4b | 13.1x | 14.7x | 1.4x |
| Thu, 19 Jan 2023 | CHF79.3b | CHF62.8b | CHF5.9b | 12.6x | 13.4x | 1.3x |
| Sat, 17 Dec 2022 | CHF78.0b | CHF63.7b | CHF6.0b | 11.7x | 13x | 1.2x |
| Mon, 14 Nov 2022 | CHF75.7b | CHF64.3b | CHF6.1b | 11.5x | 12.4x | 1.2x |
| Wed, 12 Oct 2022 | CHF70.0b | CHF66.8b | CHF6.4b | 10.5x | 11x | 1x |
| Fri, 09 Sep 2022 | CHF75.3b | CHF67.0b | CHF6.3b | 11x | 12x | 1.1x |
| Sun, 07 Aug 2022 | CHF76.1b | CHF91.7b | CHF6.2b | 11.8x | 12.2x | 0.8x |
| Tue, 05 Jul 2022 | CHF76.9b | CHF91.5b | CHF6.2b | 12.2x | 12.4x | 0.8x |
| Thu, 02 Jun 2022 | CHF79.5b | CHF91.7b | CHF6.2b | 12.6x | 12.8x | 0.9x |
| Sat, 30 Apr 2022 | CHF81.8b | CHF92.3b | CHF6.3b | 13.1x | 13x | 0.9x |
| Mon, 28 Mar 2022 | CHF81.7b | CHF89.0b | CHF6.1b | 12.6x | 13.5x | 0.9x |
| Wed, 23 Feb 2022 | CHF77.3b | CHF88.9b | CHF6.0b | 12.3x | 12.9x | 0.9x |
| Fri, 21 Jan 2022 | CHF79.9b | CHF89.7b | CHF5.6b | 12.4x | 14.2x | 0.9x |
| Sun, 19 Dec 2021 | CHF71.6b | CHF90.2b | CHF5.7b | 11.4x | 12.6x | 0.8x |
| Tue, 16 Nov 2021 | CHF73.5b | CHF90.2b | CHF5.7b | 11.6x | 13x | 0.8x |
| Thu, 14 Oct 2021 | CHF70.7b | CHF90.5b | CHF5.7b | 11.1x | 12.4x | 0.8x |
| Sat, 11 Sep 2021 | CHF72.3b | CHF90.4b | CHF5.7b | 11.2x | 12.7x | 0.8x |
| Mon, 09 Aug 2021 | CHF71.1b | CHF88.3b | CHF5.4b | 12.5x | 13.1x | 0.8x |
| Sun, 02 May 2021 | CHF69.8b | CHF82.6b | CHF5.0b | 13.8x | 14.1x | 0.8x |
Price to Earnings Ratio
14.1x
Current Industry PE
- Investors are optimistic on the Swiss Multi-line Insurance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.0x which is higher than its 3-year average PE of 13.6x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.93x.
Past Earnings Growth
- The earnings for companies in the Multi-line Insurance industry have declined 2.4% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Swiss General Insurance compare with similar industries?
| CH Market | 1.05% | |
| Financials | -0.65% | |
| Insurance | 0.99% | |
| General Insurance | 0.15% | |
| Reinsurance | 2.76% | |
| Life and Health Insurance | 1.86% | |
| Insurance Brokers | 0% | |
| Property and Casualty Insurance | 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZURN Zurich Insurance Group | CHF446.30 | 0.1% +CHF86.4m | 4.7% | PE16.1x | |
| BALN Bâloise Holding | CHF140.80 | 0.6% +CHF36.3m | -4.1% | PE26.7x |