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South Korean (KOSPI) Life and Health Insurance Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies4
  • 7D-3.8%
  • 3M22.9%
  • 1Y17.5%
  • YTDn/a

Over the last 7 days, the Life and Health Insurance industry has dropped 3.8%, driven by Samsung Life Insurance declining 4.7%. This takes the industry's 12 month performance to a gain of 17%. Earnings are forecast to grow by 7.2% annually.

Industry Valuation and Performance

Has the South Korean Life and Health Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Apr 2024₩17.3t₩58.8t₩3.0t4.2x5.8x0.3x
Thu, 21 Mar 2024₩21.1t₩73.8t₩2.7t7.5x7.7x0.3x
Sat, 17 Feb 2024₩18.7t₩73.8t₩2.7t6.8x6.8x0.3x
Mon, 15 Jan 2024₩14.5t₩73.8t₩2.7t5.2x5.3x0.2x
Wed, 13 Dec 2023₩16.0t₩73.8t₩2.7t5.6x5.8x0.2x
Fri, 10 Nov 2023₩15.9t₩77.5t₩2.5t6.3x6.2x0.2x
Sun, 08 Oct 2023₩16.5t₩77.5t₩2.5t6.2x6.5x0.2x
Tue, 05 Sep 2023₩15.2t₩77.5t₩2.5t5.4x6x0.2x
Thu, 03 Aug 2023₩15.4t₩81.0t₩3.0t4x5.2x0.2x
Sat, 01 Jul 2023₩15.1t₩81.0t₩3.0t4.1x5.1x0.2x
Mon, 29 May 2023₩14.9t₩78.3t₩2.4t7.2x6.1x0.2x
Wed, 26 Apr 2023₩14.6t₩78.3t₩2.4t6.8x6x0.2x
Fri, 24 Mar 2023₩14.3t₩71.1t₩2.9t3.1x5x0.2x
Sun, 19 Feb 2023₩15.0t₩68.2t₩2.0t3.6x7.6x0.2x
Tue, 17 Jan 2023₩16.2t₩68.2t₩2.0t3.9x8.2x0.2x
Thu, 15 Dec 2022₩16.4t₩68.2t₩2.0t4.2x8.3x0.2x
Sat, 12 Nov 2022₩14.9t₩65.2t₩2.0t3.5x7.4x0.2x
Mon, 10 Oct 2022₩14.5t₩65.2t₩2.0t3.4x7.2x0.2x
Wed, 07 Sep 2022₩14.6t₩65.2t₩2.0t3.7x7.2x0.2x
Fri, 05 Aug 2022₩13.7t₩63.6t₩1.8t3.8x7.6x0.2x
Sun, 03 Jul 2022₩14.3t₩63.6t₩1.8t3.9x7.9x0.2x
Tue, 31 May 2022₩15.7t₩64.0t₩2.9t4.7x5.4x0.2x
Thu, 28 Apr 2022₩15.1t₩63.7t₩2.9t5.2x5.2x0.2x
Sat, 26 Mar 2022₩15.2t₩58.7t₩2.2t7.8x7x0.3x
Mon, 21 Feb 2022₩15.4t₩60.6t₩2.3t7.4x6.8x0.3x
Wed, 19 Jan 2022₩15.6t₩60.6t₩2.3t7.5x6.9x0.3x
Fri, 17 Dec 2021₩16.0t₩67.0t₩2.4t8.2x6.7x0.2x
Sun, 14 Nov 2021₩16.1t₩66.4t₩2.4t7.8x6.8x0.2x
Tue, 12 Oct 2021₩17.3t₩66.4t₩2.4t8.4x7.3x0.3x
Thu, 09 Sep 2021₩17.2t₩66.4t₩2.4t7.6x7.3x0.3x
Sat, 07 Aug 2021₩17.9t₩66.4t₩2.4t7.3x7.5x0.3x
Fri, 30 Apr 2021₩18.6t₩66.1t₩2.7t7x7x0.3x
Price to Earnings Ratio

7x


Total Market Cap: ₩18.6tTotal Earnings: ₩2.7tTotal Revenue: ₩66.1tTotal Market Cap vs Earnings and Revenue0%0%0%
South Korean Life and Health Insurance Industry Price to Earnings3Y Average 6.7x202220232024
Current Industry PE
  • Investors are pessimistic on the South Korean 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 5.8x which is lower than its 3-year average PE of 6.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.23x.
Past Earnings Growth
  • The earnings for companies in the Life and Health Insurance industry have grown 4.0% per year over the last three years.
  • Meanwhile revenues for these companies have declined 3.8% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does South Korean Life and Health Insurance compare with similar industries?

KR Market-3.28%
Financials-2.02%
Insurance-2.71%
Life and Health Insurance-3.77%
Reinsurance3.27%
General Insurance0%
Insurance Brokers-0.55%
Property and Casualty Insurance-2.17%
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?

CompanyLast Price7D1YValuation
A032830 Samsung Life Insurance₩85.80k8.2%
+₩1.2t
30.6%PE8.1x
A088350 Hanwha Life Insurance₩2.82k7.6%
+₩150.3b
13.3%PE2.9x
A082640 Tong Yang Life Insurance₩5.26k3.5%
+₩28.1b
30.0%PE3x
A085620 MIRAE ASSET Life Insurance₩4.98k2.5%
+₩15.7b
83.8%PE5.5x
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