Indian (NIFTY) Life and Health Insurance Industry Analysis
UpdatedJun 03, 2023
DataAggregated Company Financials
Companies7
- 7D-0.03%
- 3M3.2%
- 1Y-16.8%
- YTD-8.9%
The Life and Health Insurance industry is up 1.9% in the last week, with ICICI Prudential Life Insurance up 9.1%. However, the industry is down 17% over the past year. Looking forward, earnings are forecast to grow by 5.9% annually.
Industry Valuation and Performance
Has the Indian Life and Health Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|
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Current Industry PE
- Investors are pessimistic on the Indian Life and Health 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 15.1x which is lower than its 3-year average PE of 85.2x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.72x.
Past Earnings Growth
- The earnings for companies in the Life and Health Insurance industry have grown 134% per year over the last three years.
- Revenues for these companies have grown 110% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Life and Health Insurance compare with similar industries?
| IN Market | 0.86% | |
| Financials | 0.77% | |
| Insurance | 0.75% | |
| Life and Health Insurance | -0.026% | |
| Property and Casualty Insurance | 8.67% | |
| Reinsurance | 2.78% | |
| General Insurance | 0% | |
| Insurance Brokers | -1.80% | |
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 | |
|---|---|---|---|---|---|
| ICICIPRULI ICICI Prudential Life Insurance | ₹471.80 | 5.8% +₹37.2b | -14.1% | PE83.4x | |
| SBILIFE SBI Life Insurance | ₹1.20k | 0.6% +₹6.8b | 5.4% | PE70x | |
| MFSL Max Financial Services | ₹697.75 | 1.6% +₹3.7b | -12.9% | PE63.6x | |
| STARHEALTH Star Health and Allied Insurance | ₹537.15 | 0.4% +₹1.3b | -24.2% | PE50.5x |