Hannover Rück's (ETR:HNR1) Upcoming Dividend Will Be Larger Than Last Year's
Mar 21
German (DAX) Reinsurance Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies2
- 7D-1.8%
- 3M7.8%
- 1Y29.4%
- YTDn/a
Over the last 7 days, the Reinsurance industry has dropped 2.7%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 25%. As for the next few years, earnings are expected to grow by 7.7% per annum.
Industry Valuation and Performance
Has the German Reinsurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | €84.2b | €84.3b | €6.4b | 13.8x | 13.1x | 1x |
| Thu, 14 Mar 2024 | €88.5b | €92.6b | €6.3b | 15x | 14.1x | 1x |
| Sat, 10 Feb 2024 | €81.6b | €102.8b | €4.6b | 17.6x | 17.9x | 0.8x |
| Mon, 08 Jan 2024 | €79.1b | €102.8b | €4.6b | 17.1x | 17.4x | 0.8x |
| Wed, 06 Dec 2023 | €80.2b | €102.8b | €4.6b | 17.2x | 17.6x | 0.8x |
| Fri, 03 Nov 2023 | €77.6b | €103.0b | €4.4b | 17.5x | 17.8x | 0.8x |
| Sun, 01 Oct 2023 | €75.3b | €103.0b | €4.4b | 17.1x | 17.3x | 0.7x |
| Tue, 29 Aug 2023 | €72.2b | €103.0b | €4.4b | 16.3x | 16.6x | 0.7x |
| Thu, 27 Jul 2023 | €70.9b | €101.1b | €4.7b | 15.4x | 15.1x | 0.7x |
| Sat, 24 Jun 2023 | €68.5b | €101.1b | €4.7b | 14.9x | 14.6x | 0.7x |
| Mon, 22 May 2023 | €70.4b | €100.9b | €4.7b | 15.3x | 15x | 0.7x |
| Wed, 19 Apr 2023 | €67.2b | €99.2b | €4.8b | 14.4x | 13.9x | 0.7x |
| Fri, 17 Mar 2023 | €63.0b | €99.2b | €4.8b | 13.4x | 13x | 0.6x |
| Sun, 12 Feb 2023 | €66.4b | €95.3b | €4.0b | 16.7x | 16.5x | 0.7x |
| Tue, 10 Jan 2023 | €67.8b | €95.3b | €4.0b | 17.3x | 16.9x | 0.7x |
| Thu, 08 Dec 2022 | €64.6b | €95.3b | €4.0b | 16.6x | 16.1x | 0.7x |
| Sat, 05 Nov 2022 | €57.6b | €92.6b | €3.8b | 15.4x | 15.1x | 0.6x |
| Mon, 03 Oct 2022 | €53.0b | €92.6b | €3.8b | 14.3x | 13.9x | 0.6x |
| Wed, 31 Aug 2022 | €50.3b | €92.6b | €3.8b | 13.5x | 13.2x | 0.5x |
| Fri, 29 Jul 2022 | €47.3b | €91.6b | €4.1b | 12.2x | 11.4x | 0.5x |
| Sun, 26 Jun 2022 | €47.7b | €91.6b | €4.1b | 12.2x | 11.5x | 0.5x |
| Tue, 24 May 2022 | €48.3b | €91.6b | €4.1b | 12.5x | 11.7x | 0.5x |
| Thu, 21 Apr 2022 | €52.0b | €90.0b | €4.2b | 13.1x | 12.5x | 0.6x |
| Sat, 19 Mar 2022 | €50.0b | €89.8b | €4.2b | 12.6x | 12x | 0.6x |
| Mon, 14 Feb 2022 | €59.1b | €88.2b | €3.3b | 18.2x | 17.7x | 0.7x |
| Wed, 12 Jan 2022 | €59.4b | €88.2b | €3.3b | 18.3x | 17.8x | 0.7x |
| Fri, 10 Dec 2021 | €54.2b | €88.2b | €3.3b | 16.7x | 16.2x | 0.6x |
| Sun, 07 Nov 2021 | €56.1b | €86.7b | €3.2b | 17.8x | 17.6x | 0.6x |
| Tue, 05 Oct 2021 | €52.1b | €86.0b | €3.3b | 16x | 16x | 0.6x |
| Thu, 02 Sep 2021 | €52.9b | €86.0b | €3.3b | 16.2x | 16.2x | 0.6x |
| Sat, 31 Jul 2021 | €49.0b | €86.0b | €3.3b | 15x | 15x | 0.6x |
| Tue, 04 May 2021 | €52.3b | €84.2b | €2.5b | 21.1x | 21.2x | 0.6x |
Price to Earnings Ratio
21.2x
Current Industry PE
- There are only 2 companies in the German Reinsurance industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Reinsurance industry have grown 38% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does German Reinsurance compare with similar industries?
| DE Market | -1.65% | |
| Financials | -1.44% | |
| Insurance | -1.79% | |
| Reinsurance | -1.81% | |
| Insurance Brokers | 0% | |
| Property and Casualty Insurance | 0% | |
| General Insurance | -1.77% | |
| Life and Health Insurance | -1.79% | |
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 | |
|---|---|---|---|---|---|
| MUV2 Münchener Rückversicherungs-Gesellschaft in München | €419.20 | 1.4% +€728.7m | 27.3% | PE12.2x | |
| HNR1 Hannover Rück | €233.20 | 0.8% +€217.1m | 28.2% | PE15.4x |