Hong Kong (HSI) Life and Health Insurance Industry Analysis
UpdatedDec 06, 2023
DataAggregated Company Financials
Companies6
- 7D-7.8%
- 3M-19.6%
- 1Y-25.7%
- YTD-29.8%
Over the last 7 days, the Life and Health Insurance industry has dropped 7.8%, driven by pullbacks from every company within the industry. However, the industry is down 26% over the past year. Earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Hong Kong Life and Health Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 06 Dec 2023 | HK$2.2t | HK$3.1t | HK$122.0b | 8.6x | 18.4x | 0.7x |
| Fri, 03 Nov 2023 | HK$2.5t | HK$3.0t | HK$119.4b | 9.1x | 20.7x | 0.8x |
| Sun, 01 Oct 2023 | HK$2.6t | HK$3.1t | HK$130.4b | 10.3x | 19.9x | 0.9x |
| Tue, 29 Aug 2023 | HK$2.6t | HK$3.1t | HK$144.6b | 8.7x | 18.2x | 0.9x |
| Thu, 27 Jul 2023 | HK$2.8t | HK$2.9t | HK$153.2b | 9.2x | 18.2x | 1x |
| Sat, 24 Jun 2023 | HK$2.8t | HK$2.9t | HK$153.1b | 9.6x | 18.3x | 1x |
| Mon, 22 May 2023 | HK$3.1t | HK$2.9t | HK$156.4b | 10.7x | 19.7x | 1.1x |
| Wed, 19 Apr 2023 | HK$3.0t | HK$2.9t | HK$142.6b | 10.9x | 21.2x | 1.1x |
| Fri, 17 Mar 2023 | HK$2.9t | HK$2.9t | HK$147.3b | 9.5x | 19.4x | 1x |
| Sun, 12 Feb 2023 | HK$3.1t | HK$3.0t | HK$189.9b | 9.9x | 16.5x | 1x |
| Tue, 10 Jan 2023 | HK$3.3t | HK$3.0t | HK$189.5b | 10.2x | 17.2x | 1.1x |
| Thu, 08 Dec 2022 | HK$2.9t | HK$2.8t | HK$177.6b | 8.9x | 16.3x | 1x |
| Sat, 05 Nov 2022 | HK$2.3t | HK$2.7t | HK$173.1b | 6.9x | 13.2x | 0.8x |
| Mon, 03 Oct 2022 | HK$2.4t | HK$2.8t | HK$187.0b | 6.7x | 12.8x | 0.9x |
| Wed, 31 Aug 2022 | HK$2.6t | HK$2.8t | HK$191.5b | 7.5x | 13.5x | 0.9x |
| Fri, 29 Jul 2022 | HK$2.6t | HK$3.0t | HK$220.2b | 7.9x | 12x | 0.9x |
| Sun, 26 Jun 2022 | HK$2.9t | HK$3.1t | HK$221.9b | 8.7x | 12.9x | 0.9x |
| Tue, 24 May 2022 | HK$2.6t | HK$3.1t | HK$221.8b | 7.7x | 11.6x | 0.8x |
| Thu, 21 Apr 2022 | HK$2.7t | HK$3.2t | HK$253.4b | 7.8x | 10.8x | 0.9x |
| Sat, 19 Mar 2022 | HK$2.8t | HK$3.3t | HK$256.4b | 5.8x | 11.1x | 0.9x |
| Mon, 14 Feb 2022 | HK$3.3t | HK$3.4t | HK$288.7b | 7.5x | 11.3x | 1x |
| Wed, 12 Jan 2022 | HK$3.0t | HK$3.4t | HK$274.7b | 6x | 10.9x | 0.9x |
| Fri, 10 Dec 2021 | HK$3.0t | HK$3.4t | HK$275.8b | 6.5x | 11x | 0.9x |
| Sun, 07 Nov 2021 | HK$3.0t | HK$3.4t | HK$273.6b | 6.6x | 10.9x | 0.9x |
| Tue, 05 Oct 2021 | HK$3.0t | HK$3.2t | HK$296.2b | 5.8x | 10x | 0.9x |
| Thu, 02 Sep 2021 | HK$3.2t | HK$3.2t | HK$295.0b | 9.1x | 10.7x | 1x |
| Sat, 31 Jul 2021 | HK$3.2t | HK$3.2t | HK$295.0b | 9.3x | 10.8x | 1x |
| Tue, 04 May 2021 | HK$3.8t | HK$3.2t | HK$301.7b | 12.9x | 12.5x | 1.2x |
| Fri, 05 Feb 2021 | HK$3.9t | HK$3.1t | HK$281.4b | 17.3x | 14x | 1.3x |
Price to Earnings Ratio
14.6x
Current Industry PE
- Investors are optimistic on the Hong Kong Life and Health Insurance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.4x which is higher than its 3-year average PE of 14.6x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.73x.
Past Earnings Growth
- The earnings for companies in the Life and Health Insurance industry have declined 24% 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 Hong Kong Life and Health Insurance compare with similar industries?
| HK Market | -4.20% | |
| Financials | -4.21% | |
| Insurance | -7.14% | |
| Life and Health Insurance | -7.80% | |
| Insurance Brokers | 0% | |
| General Insurance | -3.67% | |
| Property and Casualty Insurance | -3.71% | |
| Reinsurance | -5.49% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||