Sri Lankan (CSE) Insurance Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies12
- 7D0.5%
- 3M10.9%
- 1Y14.2%
- YTD8.3%
The Insurance industry is up 1.0% in the last week, with LOLC General Insurance up 7.7%. This means that the industry has gained 14% over the past year.
Industry Valuation and Performance
Has the Sri Lankan Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | LK₨155.6b | LK₨255.8b | LK₨20.1b | 7.9x | 7.8x | 0.6x |
| Sun, 24 Mar 2024 | LK₨150.1b | LK₨256.0b | LK₨20.8b | 8.8x | 7.2x | 0.6x |
| Tue, 20 Feb 2024 | LK₨142.2b | LK₨252.7b | LK₨16.4b | 7.9x | 8.7x | 0.6x |
| Thu, 18 Jan 2024 | LK₨141.7b | LK₨249.9b | LK₨16.9b | 8.2x | 8.4x | 0.6x |
| Sat, 16 Dec 2023 | LK₨141.9b | LK₨249.9b | LK₨16.9b | 8x | 8.4x | 0.6x |
| Mon, 13 Nov 2023 | LK₨149.0b | LK₨241.1b | LK₨21.6b | 9x | 6.9x | 0.6x |
| Wed, 11 Oct 2023 | LK₨152.4b | LK₨238.8b | LK₨22.4b | 7.3x | 6.8x | 0.6x |
| Fri, 08 Sep 2023 | LK₨164.7b | LK₨238.8b | LK₨22.4b | 7.5x | 7.4x | 0.7x |
| Sun, 06 Aug 2023 | LK₨159.1b | LK₨223.3b | LK₨22.5b | 6.6x | 7.1x | 0.7x |
| Tue, 04 Jul 2023 | LK₨144.8b | LK₨222.2b | LK₨22.6b | 5.4x | 6.4x | 0.7x |
| Thu, 01 Jun 2023 | LK₨131.0b | LK₨221.1b | LK₨23.3b | 5.8x | 5.6x | 0.6x |
| Sat, 29 Apr 2023 | LK₨139.5b | LK₨210.4b | LK₨21.5b | 6.5x | 6.5x | 0.7x |
| Mon, 27 Mar 2023 | LK₨155.2b | LK₨210.4b | LK₨21.5b | 7.3x | 7.2x | 0.7x |
| Wed, 22 Feb 2023 | LK₨154.6b | LK₨204.0b | LK₨22.3b | 6.2x | 6.9x | 0.8x |
| Fri, 20 Jan 2023 | LK₨156.7b | LK₨197.9b | LK₨24.4b | 5.8x | 6.4x | 0.8x |
| Sun, 18 Dec 2022 | LK₨123.4b | LK₨197.9b | LK₨24.4b | 6x | 5.1x | 0.6x |
| Tue, 15 Nov 2022 | LK₨120.1b | LK₨187.5b | LK₨23.6b | 6.8x | 5.1x | 0.6x |
| Thu, 13 Oct 2022 | LK₨125.3b | LK₨186.7b | LK₨19.7b | 7.4x | 6.4x | 0.7x |
| Sat, 10 Sep 2022 | LK₨139.1b | LK₨186.7b | LK₨19.7b | 7.2x | 7.1x | 0.7x |
| Mon, 08 Aug 2022 | LK₨123.8b | LK₨180.0b | LK₨19.6b | 7.1x | 6.3x | 0.7x |
| Wed, 06 Jul 2022 | LK₨116.3b | LK₨178.9b | LK₨19.6b | 6.4x | 5.9x | 0.6x |
| Fri, 03 Jun 2022 | LK₨128.1b | LK₨177.6b | LK₨20.2b | 7.2x | 6.3x | 0.7x |
| Sun, 01 May 2022 | LK₨118.4b | LK₨172.5b | LK₨20.1b | 6.3x | 5.9x | 0.7x |
| Tue, 29 Mar 2022 | LK₨145.7b | LK₨173.0b | LK₨19.7b | 9.5x | 7.4x | 0.8x |
| Thu, 24 Feb 2022 | LK₨166.8b | LK₨168.4b | LK₨17.8b | 12.1x | 9.3x | 1x |
| Sat, 22 Jan 2022 | LK₨192.4b | LK₨164.3b | LK₨17.9b | 15.7x | 10.8x | 1.2x |
| Mon, 20 Dec 2021 | LK₨111.6b | LK₨150.4b | LK₨16.1b | 7.7x | 6.9x | 0.7x |
| Wed, 17 Nov 2021 | LK₨101.2b | LK₨150.8b | LK₨16.0b | 6.6x | 6.3x | 0.7x |
| Fri, 15 Oct 2021 | LK₨101.2b | LK₨148.2b | LK₨14.9b | 7.4x | 6.8x | 0.7x |
| Sun, 12 Sep 2021 | LK₨96.5b | LK₨148.2b | LK₨14.9b | 7.1x | 6.5x | 0.7x |
| Tue, 10 Aug 2021 | LK₨101.6b | LK₨148.2b | LK₨14.9b | 7.3x | 6.8x | 0.7x |
| Mon, 03 May 2021 | LK₨101.7b | LK₨142.2b | LK₨14.9b | 7.9x | 6.8x | 0.7x |
Price to Earnings Ratio
6.8x
Current Industry PE
- Investors are optimistic on the Sri Lankan Insurance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.8x which is higher than its 3-year average PE of 7.1x.
- The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 22% 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 Market | 3.04% | |
| Financials | 5.35% | |
| Insurance | 0.47% | |
| Property and Casualty Insurance | 3.68% | |
| General Insurance | 0.31% | |
| Insurance Brokers | 0% | |
| Reinsurance | 0% | |
| Life and Health Insurance | -0.063% | |
Industry PE
- Investors are most optimistic about the Life and Health Insurance industry, which is trading close to its 3-year average PE ratio of 14.6x.
- 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 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LGIL.N0000 LOLC General Insurance | LK₨6.80 | 4.6% +LK₨360.0m | 1.5% | PE10.5x | |
| COOP.N0000 Co-operative Insurance | LK₨2.80 | 3.7% +LK₨165.2m | n/a | PS0.7x | |
| JINS.N0000 Janashakthi Insurance | LK₨49.90 | 1.2% +LK₨135.9m | 89.0% | PE2.7x | |
| AAIC.N0000 Softlogic Life Insurance | LK₨62.10 | 0.5% +LK₨112.5m | -11.9% | PE8.2x | |
| PINS.N0000 People's Insurance | LK₨24.00 | 2.1% +LK₨100.0m | 18.2% | PE9.2x |