Hong Kong (HSI) Property and Casualty Insurance Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies3
- 7D2.3%
- 3M9.9%
- 1Y-0.6%
- YTDn/a
The Property and Casualty Insurance is down 1.4% in the last week. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 9.8% annually.
Industry Valuation and Performance
Has the Hong Kong Property and Casualty Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | HK$455.1b | HK$1.1t | HK$50.8b | 8.5x | 9x | 0.4x |
| Thu, 21 Mar 2024 | HK$451.0b | HK$1.2t | HK$53.0b | 5x | 8.5x | 0.4x |
| Sat, 17 Feb 2024 | HK$436.0b | HK$1.2t | HK$53.6b | 5x | 8.1x | 0.4x |
| Mon, 15 Jan 2024 | HK$422.5b | HK$1.2t | HK$53.2b | 5.2x | 7.9x | 0.4x |
| Wed, 13 Dec 2023 | HK$412.1b | HK$1.2t | HK$53.1b | 5.5x | 7.8x | 0.3x |
| Fri, 10 Nov 2023 | HK$427.1b | HK$1.2t | HK$58.1b | 5.5x | 7.4x | 0.4x |
| Sun, 08 Oct 2023 | HK$475.9b | HK$1.2t | HK$58.1b | 5x | 8.2x | 0.4x |
| Tue, 05 Sep 2023 | HK$468.5b | HK$1.2t | HK$58.3b | 5x | 8x | 0.4x |
| Thu, 03 Aug 2023 | HK$455.7b | HK$1.1t | HK$56.1b | 4.7x | 8.1x | 0.4x |
| Sat, 01 Jul 2023 | HK$444.6b | HK$1.1t | HK$55.6b | 4.8x | 8x | 0.4x |
| Mon, 29 May 2023 | HK$475.2b | HK$1.2t | HK$57.2b | 4.9x | 8.3x | 0.4x |
| Wed, 26 Apr 2023 | HK$468.2b | HK$1.2t | HK$56.4b | 4.6x | 8.3x | 0.4x |
| Fri, 24 Mar 2023 | HK$414.0b | HK$1.2t | HK$57.0b | 4.2x | 7.3x | 0.3x |
| Sun, 19 Feb 2023 | HK$389.9b | HK$1.2t | HK$56.5b | 4.1x | 6.9x | 0.3x |
| Tue, 17 Jan 2023 | HK$414.4b | HK$1.2t | HK$57.5b | 4.2x | 7.2x | 0.3x |
| Thu, 15 Dec 2022 | HK$400.8b | HK$1.2t | HK$55.4b | 4.3x | 7.2x | 0.3x |
| Sat, 12 Nov 2022 | HK$385.9b | HK$1.1t | HK$53.9b | 3.9x | 7.2x | 0.3x |
| Mon, 10 Oct 2022 | HK$402.9b | HK$1.2t | HK$52.7b | 4.3x | 7.6x | 0.3x |
| Wed, 07 Sep 2022 | HK$426.8b | HK$1.2t | HK$54.1b | 4.4x | 7.9x | 0.4x |
| Fri, 05 Aug 2022 | HK$382.5b | HK$1.2t | HK$51.4b | 4.1x | 7.4x | 0.3x |
| Sun, 03 Jul 2022 | HK$413.1b | HK$1.2t | HK$51.8b | 4.2x | 8x | 0.3x |
| Tue, 31 May 2022 | HK$388.5b | HK$1.2t | HK$51.9b | 4.3x | 7.5x | 0.3x |
| Thu, 28 Apr 2022 | HK$411.9b | HK$1.2t | HK$54.5b | 4.1x | 7.6x | 0.3x |
| Sat, 26 Mar 2022 | HK$389.3b | HK$1.2t | HK$57.5b | 4.1x | 6.8x | 0.3x |
| Mon, 21 Feb 2022 | HK$467.5b | HK$1.3t | HK$58.7b | 4.4x | 8x | 0.4x |
| Wed, 19 Jan 2022 | HK$426.1b | HK$1.3t | HK$58.4b | 4.6x | 7.3x | 0.3x |
| Fri, 17 Dec 2021 | HK$416.2b | HK$1.3t | HK$58.3b | 4.9x | 7.1x | 0.3x |
| Sun, 14 Nov 2021 | HK$424.1b | HK$1.3t | HK$58.1b | 5.2x | 7.3x | 0.3x |
| Tue, 12 Oct 2021 | HK$462.4b | HK$1.2t | HK$60.2b | 4.2x | 7.7x | 0.4x |
| Thu, 09 Sep 2021 | HK$469.4b | HK$1.2t | HK$59.9b | 5.7x | 7.8x | 0.4x |
| Sat, 07 Aug 2021 | HK$445.8b | HK$1.2t | HK$59.9b | 5.1x | 7.4x | 0.4x |
| Fri, 30 Apr 2021 | HK$521.6b | HK$1.2t | HK$54.4b | 6.4x | 9.6x | 0.4x |
Price to Earnings Ratio
9.6x
Current Industry PE
- There are only 3 companies in the Hong Kong Property and Casualty Insurance 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 Property and Casualty Insurance industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 2.6% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Comparison
How does Hong Kong Property and Casualty Insurance compare with similar industries?
| HK Market | -0.66% | |
| Financials | 1.93% | |
| Insurance | 0.046% | |
| Property and Casualty Insurance | 2.32% | |
| Insurance Brokers | 0% | |
| Reinsurance | 0% | |
| Life and Health Insurance | -0.58% | |
| General Insurance | -9.40% | |
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 | |
|---|---|---|---|---|---|
| 1339 People's Insurance Company (Group) of China | HK$2.57 | 2.4% +HK$2.7b | -10.8% | PE4.7x | |
| 222 Min Xin Holdings | HK$2.53 | 10.0% +HK$137.4m | -25.8% | PE38.3x |