Investors Aren't Buying General Insurance Corporation of India's (NSE:GICRE) Earnings
May 15
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Indian (NIFTY) Insurance Industry Analysis
UpdatedMay 18, 2025
DataAggregated Company Financials
Companies13
- 7D7.4%
- 3M14.1%
- 1Y3.2%
- YTD1.1%
In the last week, the Insurance industry is up 7.4%, with all of the companies up. This means that the industry has gained 3.2% over the past year. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Indian Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 18 May 2025 | ₹13.7t | ₹13.7t | ₹679.6b | 65.1x | 20.2x | 1x |
| Tue, 15 Apr 2025 | ₹12.3t | ₹14.0t | ₹675.3b | 63.3x | 18.2x | 0.9x |
| Thu, 13 Mar 2025 | ₹11.7t | ₹14.0t | ₹675.3b | 58.6x | 17.3x | 0.8x |
| Sat, 08 Feb 2025 | ₹12.7t | ₹14.1t | ₹661.9b | 61.1x | 19.2x | 0.9x |
| Mon, 06 Jan 2025 | ₹13.8t | ₹14.6t | ₹661.0b | 66.5x | 20.9x | 0.9x |
| Wed, 04 Dec 2024 | ₹14.0t | ₹14.6t | ₹661.0b | 66.2x | 21.2x | 1x |
| Fri, 01 Nov 2024 | ₹14.0t | ₹14.3t | ₹643.9b | 58.9x | 21.8x | 1x |
| Sun, 29 Sep 2024 | ₹15.2t | ₹14.0t | ₹637.8b | 72.7x | 23.9x | 1.1x |
| Tue, 27 Aug 2024 | ₹15.2t | ₹14.0t | ₹637.8b | 69.1x | 23.9x | 1.1x |
| Thu, 25 Jul 2024 | ₹15.3t | ₹13.7t | ₹582.6b | 65.5x | 26.2x | 1.1x |
| Sat, 22 Jun 2024 | ₹13.7t | ₹13.7t | ₹580.1b | 61.3x | 23.6x | 1x |
| Mon, 20 May 2024 | ₹12.9t | ₹12.7t | ₹548.6b | 43x | 23.4x | 1x |
| Wed, 17 Apr 2024 | ₹12.8t | ₹12.7t | ₹547.3b | 41.9x | 23.4x | 1x |
| Fri, 15 Mar 2024 | ₹12.8t | ₹12.7t | ₹547.3b | 43.1x | 23.3x | 1x |
| Sun, 11 Feb 2024 | ₹13.4t | ₹12.7t | ₹547.3b | 47.7x | 24.6x | 1.1x |
| Tue, 09 Jan 2024 | ₹11.5t | ₹12.3t | ₹574.4b | 41.7x | 20x | 0.9x |
| Thu, 07 Dec 2023 | ₹11.2t | ₹12.3t | ₹574.4b | 42.7x | 19.4x | 0.9x |
| Sat, 04 Nov 2023 | ₹9.6t | ₹12.5t | ₹653.2b | 41x | 14.7x | 0.8x |
| Mon, 02 Oct 2023 | ₹10.0t | ₹12.5t | ₹651.9b | 43.4x | 15.3x | 0.8x |
| Wed, 30 Aug 2023 | ₹9.9t | ₹12.5t | ₹651.5b | 45.1x | 15.2x | 0.8x |
| Fri, 28 Jul 2023 | ₹9.8t | ₹12.2t | ₹596.2b | 48.5x | 16.4x | 0.8x |
| Sun, 25 Jun 2023 | ₹9.4t | ₹11.6t | ₹593.5b | 44x | 15.9x | 0.8x |
| Tue, 23 May 2023 | ₹8.5t | ₹11.6t | ₹567.4b | 53.6x | 14.9x | 0.7x |
| Thu, 20 Apr 2023 | ₹8.1t | ₹11.5t | ₹535.3b | 48.8x | 15.2x | 0.7x |
| Sat, 18 Mar 2023 | ₹8.1t | ₹11.5t | ₹534.1b | 49.4x | 15.1x | 0.7x |
| Mon, 13 Feb 2023 | ₹8.7t | ₹11.5t | ₹531.8b | 71.7x | 16.3x | 0.8x |
| Wed, 11 Jan 2023 | ₹9.7t | ₹11.0t | ₹322.5b | 78x | 30.2x | 0.9x |
| Fri, 09 Dec 2022 | ₹9.2t | ₹11.0t | ₹322.5b | 76.7x | 28.6x | 0.8x |
| Sun, 06 Nov 2022 | ₹8.9t | ₹10.7t | ₹243.3b | 71.7x | 36.6x | 0.8x |
| Tue, 04 Oct 2022 | ₹8.8t | ₹10.6t | ₹242.1b | 64.2x | 36.3x | 0.8x |
| Thu, 01 Sep 2022 | ₹9.6t | ₹10.6t | ₹242.1b | 73.5x | 39.7x | 0.9x |
| Sat, 30 Jul 2022 | ₹9.4t | ₹10.7t | ₹165.4b | 70.9x | 57x | 0.9x |
| Mon, 27 Jun 2022 | ₹8.9t | ₹10.9t | ₹159.8b | 70.2x | 55.7x | 0.8x |
| Wed, 25 May 2022 | ₹10.1t | ₹10.5t | ₹107.5b | 79.7x | 94.2x | 1x |
Price to Earnings Ratio
94.2x
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 20.2x which is lower than its 3-year average PE of 25.6x.
- The industry is trading close to its 3-year average PS ratio of 0.89x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 85% per year over the last three years.
- Revenues for these companies have grown 9.2% 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 | 6.27% | |
| Financials | 5.84% | |
| Insurance | 7.41% | |
| Reinsurance | 10.61% | |
| Insurance Brokers | 8.41% | |
| Life and Health Insurance | 7.44% | |
| Property and Casualty Insurance | 5.12% | |
| General Insurance | 0% | 0 |
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 28.9%, which is lower than the prior year's growth of 427.0% per year.
- Investors are most pessimistic about the Reinsurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.9x.
Forecasted Growth
- Analysts are most optimistic on the Insurance Brokers industry, expecting annual earnings growth of 29% over the next 5 years.
- In contrast, the Reinsurance industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LICI Life Insurance Corporation of India | ₹857.00 | 8.9% +₹443.1b | -12.0% | PE11x | |
| HDFCLIFE HDFC Life Insurance | ₹750.55 | 5.2% +₹79.6b | 31.8% | PE89.3x | |
| SBILIFE SBI Life Insurance | ₹1.77k | 4.3% +₹73.8b | 23.2% | PE73.6x | |
| GICRE General Insurance Corporation of India | ₹436.25 | 10.6% +₹73.4b | 26.7% | PE10.2x | |
| POLICYBZR PB Fintech | ₹1.76k | 8.4% +₹62.2b | 29.0% | PE227.2x |
