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Sri Lankan (CSE) Insurance Industry Analysis

UpdatedDec 07, 2022
DataAggregated Company Financials
Companies12
  • 7D3.7%
  • 3M-10.9%
  • 1Y1.6%
  • YTD-26.7%

Over the last 7 days, the Insurance industry has risen 3.7%, driven by gains from Amãna Takaful Life of 31%. The industry has been flat over the past 12 months despite the gain this week.

Industry Valuation and Performance

Has the Sri Lankan Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Dec 2022LK₨124.4bLK₨197.9bLK₨24.4b6.8x5.1x0.6x
Fri, 04 Nov 2022LK₨120.1bLK₨186.7bLK₨19.7b7.4x6.1x0.6x
Sun, 02 Oct 2022LK₨132.7bLK₨186.7bLK₨19.7b7.8x6.7x0.7x
Tue, 30 Aug 2022LK₨127.0bLK₨186.7bLK₨19.7b7.1x6.5x0.7x
Thu, 28 Jul 2022LK₨116.2bLK₨178.9bLK₨19.6b6.6x5.9x0.6x
Sat, 25 Jun 2022LK₨118.3bLK₨178.9bLK₨19.6b6.8x6x0.7x
Mon, 23 May 2022LK₨142.2bLK₨176.8bLK₨20.4b7.5x7x0.8x
Wed, 20 Apr 2022LK₨126.1bLK₨172.9bLK₨20.1b6.6x6.3x0.7x
Fri, 18 Mar 2022LK₨153.5bLK₨173.0bLK₨19.7b10.2x7.8x0.9x
Sun, 13 Feb 2022LK₨199.6bLK₨167.1bLK₨17.7b13.9x11.3x1.2x
Tue, 11 Jan 2022LK₨167.2bLK₨164.3bLK₨17.9b11.6x9.3x1x
Thu, 09 Dec 2021LK₨109.8bLK₨150.4bLK₨16.1b8.3x6.8x0.7x
Sat, 06 Nov 2021LK₨102.9bLK₨148.4bLK₨15.1b7.1x6.8x0.7x
Mon, 04 Oct 2021LK₨100.0bLK₨148.2bLK₨14.9b7.3x6.7x0.7x
Wed, 01 Sep 2021LK₨97.1bLK₨148.2bLK₨14.9b7.1x6.5x0.7x
Thu, 08 Jul 2021LK₨101.8bLK₨148.2bLK₨14.9b8.1x6.9x0.7x
Wed, 31 Mar 2021LK₨107.6bLK₨142.2bLK₨14.9b7.8x7.2x0.8x
Sat, 02 Jan 2021LK₨106.5bLK₨135.4bLK₨14.6b8.2x7.3x0.8x
Tue, 06 Oct 2020LK₨100.5bLK₨130.9bLK₨13.0b8.6x7.7x0.8x
Fri, 10 Jul 2020LK₨100.3bLK₨126.7bLK₨13.7b7.5x7.3x0.8x
Thu, 02 Apr 2020LK₨87.1bLK₨126.4bLK₨13.8b5.7x6.3x0.7x
Sun, 05 Jan 2020LK₨103.6bLK₨124.6bLK₨14.6b6.6x7.1x0.8x
Price to Earnings Ratio

7.1x


Total Market Cap: LK₨103.6bTotal Earnings: LK₨14.6bTotal Revenue: LK₨124.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Insurance Industry Price to Earnings3Y Average 7x20212022
Current Industry PE
  • Investors are pessimistic on the Sri Lankan 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 5.1x which is lower than its 3-year average PE of 7.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Sri Lankan Financials industry?

LK Market6.93%
Financials9.98%
Insurance3.65%
Property and Casualty Insurance9.08%
Life and Health Insurance5.75%
General Insurance2.09%
Insurance Brokers0%
Reinsurance0%
Industry PE
  • Investors are most optimistic about the Life and Health Insurance industry even though it's trading below its 3-year average PE ratio of 14.7x.
    • 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 below its 3-year average of 5.9x.
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
ATLL.N0000 Amãna Takaful LifeLK₨40.9030.7%
+LK₨480.0m
127.2%PE39.3x
HASU.N0000 HNB AssuranceLK₨41.506.4%
+LK₨375.0m
-3.5%PE2.7x
LGIL.N0000 LOLC General InsuranceLK₨8.002.6%
+LK₨240.0m
n/aPE6.8x
PINS.N0000 People's InsuranceLK₨19.302.7%
+LK₨100.0m
-38.9%PE5.4x
AINS.N0000 Arpico InsuranceLK₨18.701.1%
+LK₨13.2m
-14.2%PE3.4x
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Latest News

ATLL.N0000

LK₨40.90

Amãna Takaful Life

7D

30.7%

1Y

127.2%

JINS.N0000

LK₨22.30

Janashakthi Insurance

7D

-0.9%

1Y

-15.2%

HASU.N0000

LK₨41.50

HNB Assurance

7D

6.4%

1Y

-3.5%

COOP.N0000

LK₨3.30

Co-operative Insurance

7D

-2.9%

1Y

n/a

LGIL.N0000

LK₨8.00

LOLC General Insurance

7D

2.6%

1Y

n/a

UAL.N0000

LK₨25.90

Union Assurance

7D

-0.4%

1Y

-13.6%

AAIC.N0000

LK₨51.00

Softlogic Life Insurance

7D

-0.2%

1Y

16.7%

ATL.N0000

LK₨12.00

Amãna Takaful

7D

-1.6%

1Y

-0.8%

AINS.N0000

LK₨18.70

Arpico Insurance

7D

1.1%

1Y

-14.2%

PINS.N0000

LK₨19.30

People's Insurance

7D

2.7%

1Y

-38.9%