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Indian (NIFTY) Insurance Industry Analysis

UpdatedOct 09, 2024
DataAggregated Company Financials
Companies12
  • 7D-3.7%
  • 3M0.06%
  • 1Y43.7%
  • YTD19.7%

Over the last 7 days, the Insurance industry has dropped 5.0%, driven by declines from every company within the industry. In the past year, the industry has gained 43%. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

Has the Indian Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 09 Oct 2024₹14.4t₹14.0t₹637.8b67.2x22.5x1x
Fri, 06 Sep 2024₹15.6t₹14.0t₹637.8b73.5x24.5x1.1x
Sun, 04 Aug 2024₹15.7t₹13.7t₹586.2b66.2x26.8x1.1x
Tue, 02 Jul 2024₹13.7t₹13.7t₹580.1b62.9x23.7x1x
Thu, 30 May 2024₹13.0t₹12.7t₹498.1b57.9x26.2x1x
Sat, 27 Apr 2024₹12.9t₹12.9t₹548.0b43.4x23.5x1x
Mon, 25 Mar 2024₹12.4t₹12.7t₹547.3b43x22.7x1x
Wed, 21 Feb 2024₹13.3t₹12.7t₹547.3b46.8x24.3x1x
Fri, 19 Jan 2024₹11.8t₹12.4t₹575.7b42.2x20.5x1x
Sun, 17 Dec 2023₹11.4t₹12.3t₹574.4b42.3x19.9x0.9x
Tue, 14 Nov 2023₹9.6t₹12.5t₹650.6b41.1x14.7x0.8x
Thu, 12 Oct 2023₹9.8t₹12.5t₹651.9b42.5x15x0.8x
Sat, 09 Sep 2023₹10.2t₹12.5t₹651.5b47.1x15.7x0.8x
Mon, 07 Aug 2023₹9.9t₹12.2t₹601.5b46.2x16.5x0.8x
Wed, 05 Jul 2023₹9.6t₹11.6t₹593.5b46.4x16.2x0.8x
Fri, 02 Jun 2023₹8.9t₹11.6t₹593.5b42.5x15x0.8x
Sun, 30 Apr 2023₹8.2t₹11.5t₹537.3b49x15.2x0.7x
Tue, 28 Mar 2023₹7.9t₹11.5t₹534.1b47.7x14.8x0.7x
Thu, 23 Feb 2023₹8.3t₹11.5t₹534.1b53.8x15.6x0.7x
Sat, 21 Jan 2023₹9.5t₹11.1t₹321.8b83x29.6x0.9x
Mon, 19 Dec 2022₹9.4t₹11.0t₹322.5b74.8x29.1x0.9x
Wed, 16 Nov 2022₹9.0t₹11.0t₹322.9b76.4x27.8x0.8x
Fri, 14 Oct 2022₹8.7t₹10.6t₹242.1b63.3x35.8x0.8x
Sun, 11 Sep 2022₹9.4t₹10.6t₹242.1b71.9x38.9x0.9x
Tue, 09 Aug 2022₹9.4t₹10.5t₹170.4b75.3x55.2x0.9x
Thu, 07 Jul 2022₹9.2t₹10.9t₹159.8b71x57.7x0.8x
Sat, 04 Jun 2022₹10.2t₹10.6t₹104.1b90.4x98.1x1x
Mon, 02 May 2022₹5.1t₹3.6t₹54.9b73.6x93.3x1.4x
Wed, 30 Mar 2022₹4.9t₹3.6t₹51.0b80.6x95.9x1.3x
Fri, 25 Feb 2022₹4.8t₹3.6t₹51.0b77.1x93.9x1.3x
Sun, 23 Jan 2022₹5.8t₹3.8t₹68.6b100.3x83.9x1.5x
Tue, 21 Dec 2021₹5.1t₹3.9t₹69.9b91x72.7x1.3x
Thu, 18 Nov 2021₹5.1t₹3.9t₹81.6b96.1x62.9x1.3x
Sat, 16 Oct 2021₹5.1t₹3.6t₹73.6b91.9x69.8x1.4x
Price to Earnings Ratio

69.8x


Total Market Cap: ₹5.1tTotal Earnings: ₹73.6bTotal Revenue: ₹3.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Insurance Industry Price to Earnings3Y Average 38.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Indian Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 22.3x which is lower than its 3-year average PE of 38.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 105% per year over the last three years.
  • Revenues for these companies have grown 57% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Financials industry?

IN Market-3.23%
Financials-3.89%
Insurance-3.68%
General Insurance0%
Life and Health Insurance-3.49%
Property and Casualty Insurance-3.75%
Insurance Brokers-3.98%
Reinsurance-6.52%
Industry PE
  • Investors are most optimistic about the Insurance Brokers industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 38.3% and investors are willing to pay a premium for that growth.
  • Investors are most pessimistic about the Reinsurance industry, which is trading close to its 3-year average of 8.3x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance Brokers industry, expecting annual earnings growth of 38% over the next 5 years.
  • In contrast, the Reinsurance industry is expected to see its earnings decline by 3.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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Latest News

LICI

₹964.40

Life Insurance Corporation of India

7D

-3.6%

1Y

51.8%

GICRE

₹368.95

General Insurance Corporation of India

7D

-6.5%

1Y

67.6%

ICICIPRULI

₹742.60

ICICI Prudential Life Insurance

7D

-3.2%

1Y

37.5%

STARHEALTH

₹570.80

Star Health and Allied Insurance

7D

-5.6%

1Y

-0.8%

POLICYBZR

₹1,661.55

PB Fintech

7D

-4.0%

1Y

120.7%

ICICIGI

₹2,100.15

ICICI Lombard General Insurance

7D

-2.5%

1Y

59.8%

NIACL

₹208.55

New India Assurance

7D

-10.1%

1Y

51.2%