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Jordanian (Amman SE) Insurance Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies17
  • 7D1.4%
  • 3M5.3%
  • 1Y4.8%
  • YTD3.2%

Over the last 7 days, the Insurance industry has risen 1.4%, driven by gains from Gulf Insurance Group - Jordan of 8.9%. During this same period, the Jordan International Insurance underperformed, falling 8.3%. This takes the industry's 12 month performance to a gain of 4.8%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024د.أ287.4mد.أ499.9mد.أ21.8m11.9x13.2x0.6x
Mon, 22 Jan 2024د.أ282.9mد.أ485.6mد.أ23.6m9.8x12x0.6x
Wed, 20 Dec 2023د.أ281.0mد.أ488.3mد.أ23.6m9.8x11.9x0.6x
Fri, 17 Nov 2023د.أ277.2mد.أ488.6mد.أ24.5m9x11.3x0.6x
Sun, 15 Oct 2023د.أ275.3mد.أ475.3mد.أ18.9m11.4x14.5x0.6x
Tue, 12 Sep 2023د.أ273.3mد.أ500.9mد.أ19.5m10.6x14x0.5x
Thu, 10 Aug 2023د.أ277.5mد.أ473.3mد.أ20.5m10.3x13.5x0.6x
Sat, 08 Jul 2023د.أ286.0mد.أ470.9mد.أ19.6m10.5x14.6x0.6x
Mon, 05 Jun 2023د.أ292.3mد.أ465.4mد.أ18.3m11.2x16x0.6x
Wed, 03 May 2023د.أ285.0mد.أ455.0mد.أ17.8m10.4x16x0.6x
Fri, 31 Mar 2023د.أ292.1mد.أ451.6mد.أ17.6m11.7x16.6x0.6x
Sun, 26 Feb 2023د.أ289.3mد.أ444.0mد.أ19.0m9x15.2x0.7x
Tue, 24 Jan 2023د.أ292.9mد.أ425.9mد.أ20.2m9.1x14.5x0.7x
Thu, 22 Dec 2022د.أ293.8mد.أ424.7mد.أ20.0m10.1x14.7x0.7x
Sat, 19 Nov 2022د.أ300.1mد.أ424.7mد.أ19.9m9.9x15x0.7x
Mon, 17 Oct 2022د.أ306.2mد.أ408.4mد.أ18.5m14.3x16.6x0.7x
Wed, 14 Sep 2022د.أ292.7mد.أ405.6mد.أ18.9m12.4x15.5x0.7x
Fri, 12 Aug 2022د.أ291.1mد.أ390.1mد.أ21.6m12x13.5x0.7x
Sun, 10 Jul 2022د.أ285.5mد.أ400.3mد.أ20.1m11x14.2x0.7x
Tue, 07 Jun 2022د.أ278.1mد.أ358.3mد.أ19.1m11x14.5x0.8x
Thu, 05 May 2022د.أ299.1mد.أ399.1mد.أ20.2m11.3x14.8x0.7x
Sat, 02 Apr 2022د.أ300.9mد.أ397.3mد.أ21.9m12.3x13.7x0.8x
Mon, 28 Feb 2022د.أ303.7mد.أ403.7mد.أ24.1m12x12.6x0.8x
Wed, 26 Jan 2022د.أ300.2mد.أ406.0mد.أ24.1m11.2x12.5x0.7x
Fri, 24 Dec 2021د.أ283.8mد.أ402.4mد.أ25.3m11x11.2x0.7x
Sun, 21 Nov 2021د.أ294.9mد.أ392.2mد.أ24.9m11.4x11.9x0.8x
Tue, 19 Oct 2021د.أ294.8mد.أ391.7mد.أ25.8m11.1x11.4x0.8x
Thu, 16 Sep 2021د.أ268.2mد.أ387.1mد.أ25.7m10.5x10.4x0.7x
Sat, 14 Aug 2021د.أ274.0mد.أ400.4mد.أ26.3m10.7x10.4x0.7x
Wed, 09 Jun 2021د.أ279.9mد.أ399.1mد.أ26.1m11.6x10.7x0.7x
Tue, 02 Mar 2021د.أ279.8mد.أ398.5mد.أ25.6m11.1x10.9x0.7x
Price to Earnings Ratio

10.9x


Total Market Cap: د.أ279.8mTotal Earnings: د.أ25.6mTotal Revenue: د.أ398.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Jordanian Insurance Industry Price to Earnings3Y Average 13.2x202220232024
Current Industry PE
  • Investors are relatively neutral on the Jordanian Insurance industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 13.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have declined 5.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.8% 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.

Industry Trends

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

JO Market-0.41%
Financials-0.019%
Insurance1.36%
Property and Casualty Insurance1.37%
General Insurance1.35%
Insurance Brokers0%
Life and Health Insurance0%
Reinsurance0%
Industry PE
  • Investors are most optimistic about the Property and Casualty Insurance industry which is trading above its 3-year average PE ratio of 11.5x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the General Insurance industry, which is trading close to its 3-year average of 13.6x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
GIGJ Gulf Insurance Group - Jordanد.أ1.968.9%
+د.أ4.2m
2.6%PE6.5x
AAIN Al-Nisr Al-Arabi Insuranceد.أ3.051.7%
+د.أ500.0k
-24.7%PE12x
TIIC Islamic Insuranceد.أ1.551.3%
+د.أ300.0k
11.5%PE14.7x
MIIC Al Manara Islamic Insuranceد.أ0.633.3%
+د.أ112.0k
40.0%PS0.3x
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Latest News

AAIN

د.أ3.05

Al-Nisr Al-Arabi Insurance

7D

1.7%

1Y

-24.7%

GIGJ

د.أ1.96

Gulf Insurance Group - Jordan

7D

8.9%

1Y

2.6%

FINS

د.أ0.82

First Insurance

7D

-1.2%

1Y

20.6%

JIJC

د.أ0.44

Jordan International Insurance

7D

-8.3%

1Y

57.1%

MIIC

د.أ0.63

Al Manara Islamic Insurance

7D

3.3%

1Y

40.0%

TIIC

د.أ1.55

Islamic Insurance

7D

1.3%

1Y

11.5%

MEIN

د.أ1.15

Middle East Insurance

7D

-0.9%

1Y

21.1%