Has the Indian Insurance Industry valuation changed over the past few years?
|Sun, 28 Nov 2021||₹4.9t||₹3.9t||₹81.6b||91.4x|
|Tue, 26 Oct 2021||₹5.0t||₹3.7t||₹75.3b||87.8x|
|Thu, 23 Sep 2021||₹5.3t||₹3.6t||₹73.6b||92.5x|
|Sat, 21 Aug 2021||₹4.9t||₹3.6t||₹73.6b||87.1x|
|Sat, 05 Jun 2021||₹4.7t||₹3.6t||₹93.0b||67x|
|Tue, 09 Mar 2021||₹4.5t||₹2.9t||₹91.1b||59.6x|
|Mon, 30 Nov 2020||₹4.1t||₹2.5t||₹71.5b||59.3x|
|Thu, 03 Sep 2020||₹3.8t||₹2.3t||₹59.6b||57.1x|
|Sun, 07 Jun 2020||₹3.5t||₹2.1t||₹63.8b||53.5x|
|Sat, 29 Feb 2020||₹3.8t||₹2.5t||₹57.6b||54.3x|
|Tue, 03 Dec 2019||₹4.3t||₹2.4t||₹63.1b||57.1x|
|Fri, 06 Sep 2019||₹3.7t||₹2.4t||₹76.1b||53.4x|
|Mon, 10 Jun 2019||₹3.5t||₹2.3t||₹84.2b||48.9x|
|Sun, 03 Mar 2019||₹3.0t||₹2.2t||₹135.1b||36.9x|
|Wed, 05 Dec 2018||₹3.2t||₹2.2t||₹133.5b||35.5x|
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 91.4x which is higher than its 3-year average PE of 58.2x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Insurance industry have declined 15% per year over the last three years, while revenues for these companies have grown 20% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the Indian Insurance industry?
|Property and Casualty Insurance||-3.53%|
|Life and Health Insurance||-5.14%|
Industry PE: Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio of 68.3x. This is likely because analysts are expecting annual earnings growth of 24%, which is higher than its past year's earnings decline of 20% per year. Meanwhile, investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 477x.
Forecasted Growth: Analysts are most optimistic on the Property and Casualty Insurance industry, expecting annual earnings growth of 38% over the next 5 years. This is better than its past earnings decline of 20% per year. Meanwhile, the Life and Health Insurance industry is expected to see its earnings grow by 24% per year over the next few years.
Which companies have driven the market over the last 7 days?
|RELCAPITAL Reliance Capital||16.9%+₹732.9m||105.6%||PS0.03x|
ICICI Prudential Life Insurance
HDFC Life Insurance
ICICI Lombard General Insurance
New India Assurance
General Insurance Corporation of India
Max Financial Services
SBI Life Insurance