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Sri Lankan (CSE) Insurance Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies12
- 7D8.9%
- 3M23.0%
- 1Y27.8%
- YTD25.8%
Over the last 7 days, the Insurance industry has risen 8.9%, driven by gains from Ceylinco Insurance of 12%. Meanwhile, Amãna Takaful actually underperformed within the industry, shrinking 5.7% in the last week. This takes the industry's 12 month performance to a gain of 28%.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | LK₨178.8b | LK₨273.4b | LK₨20.3b | 7.8x | 8.8x | 0.7x |
| Tue, 19 Nov 2024 | LK₨154.6b | LK₨272.6b | LK₨24.5b | 7.3x | 6.3x | 0.6x |
| Thu, 17 Oct 2024 | LK₨150.7b | LK₨272.7b | LK₨25.4b | 6.7x | 5.9x | 0.6x |
| Sat, 14 Sep 2024 | LK₨141.6b | LK₨272.7b | LK₨25.4b | 6.3x | 5.6x | 0.5x |
| Mon, 12 Aug 2024 | LK₨151.9b | LK₨269.6b | LK₨24.4b | 7.2x | 6.2x | 0.6x |
| Wed, 10 Jul 2024 | LK₨153.0b | LK₨266.3b | LK₨23.8b | 7.4x | 6.4x | 0.6x |
| Fri, 07 Jun 2024 | LK₨154.7b | LK₨266.7b | LK₨23.8b | 7.6x | 6.5x | 0.6x |
| Sun, 05 May 2024 | LK₨159.1b | LK₨255.8b | LK₨20.1b | 8.1x | 7.9x | 0.6x |
| Tue, 02 Apr 2024 | LK₨149.1b | LK₨256.0b | LK₨20.8b | 8.5x | 7.2x | 0.6x |
| Thu, 29 Feb 2024 | LK₨141.5b | LK₨253.7b | LK₨17.0b | 7.9x | 8.3x | 0.6x |
| Sat, 27 Jan 2024 | LK₨139.8b | LK₨249.9b | LK₨16.9b | 8x | 8.3x | 0.6x |
| Mon, 25 Dec 2023 | LK₨141.3b | LK₨249.9b | LK₨16.9b | 8.3x | 8.4x | 0.6x |
| Wed, 22 Nov 2023 | LK₨148.1b | LK₨248.6b | LK₨16.9b | 8.2x | 8.8x | 0.6x |
| Fri, 20 Oct 2023 | LK₨151.2b | LK₨238.8b | LK₨22.4b | 7.3x | 6.8x | 0.6x |
| Sun, 17 Sep 2023 | LK₨160.3b | LK₨238.8b | LK₨22.4b | 7.5x | 7.2x | 0.7x |
| Tue, 15 Aug 2023 | LK₨152.0b | LK₨230.3b | LK₨23.1b | 7.3x | 6.6x | 0.7x |
| Thu, 13 Jul 2023 | LK₨155.7b | LK₨222.2b | LK₨22.6b | 6.3x | 6.9x | 0.7x |
| Sat, 10 Jun 2023 | LK₨129.8b | LK₨222.6b | LK₨22.6b | 5.9x | 5.7x | 0.6x |
| Mon, 08 May 2023 | LK₨135.1b | LK₨211.9b | LK₨21.5b | 6.4x | 6.3x | 0.6x |
| Wed, 05 Apr 2023 | LK₨148.3b | LK₨210.4b | LK₨21.5b | 7x | 6.9x | 0.7x |
| Fri, 03 Mar 2023 | LK₨155.7b | LK₨209.5b | LK₨21.8b | 7.1x | 7.2x | 0.7x |
| Sun, 29 Jan 2023 | LK₨164.2b | LK₨197.9b | LK₨24.4b | 5.8x | 6.7x | 0.8x |
| Tue, 27 Dec 2022 | LK₨133.7b | LK₨197.9b | LK₨24.4b | 5.6x | 5.5x | 0.7x |
| Thu, 24 Nov 2022 | LK₨118.0b | LK₨197.9b | LK₨24.4b | 5.4x | 4.8x | 0.6x |
| Sat, 22 Oct 2022 | LK₨122.2b | LK₨186.7b | LK₨19.7b | 7.5x | 6.2x | 0.7x |
| Mon, 19 Sep 2022 | LK₨141.5b | LK₨186.7b | LK₨19.7b | 9x | 7.2x | 0.8x |
| Wed, 17 Aug 2022 | LK₨138.1b | LK₨183.5b | LK₨20.0b | 6.7x | 6.9x | 0.8x |
| Fri, 15 Jul 2022 | LK₨118.8b | LK₨178.9b | LK₨19.6b | 6.4x | 6.1x | 0.7x |
| Sun, 12 Jun 2022 | LK₨124.0b | LK₨178.9b | LK₨19.6b | 7.3x | 6.3x | 0.7x |
| Tue, 10 May 2022 | LK₨121.7b | LK₨172.5b | LK₨20.1b | 6.2x | 6.1x | 0.7x |
| Thu, 07 Apr 2022 | LK₨131.7b | LK₨173.0b | LK₨19.7b | 7.4x | 6.7x | 0.8x |
| Sat, 05 Mar 2022 | LK₨179.1b | LK₨172.6b | LK₨19.7b | 12.2x | 9.1x | 1x |
| Mon, 31 Jan 2022 | LK₨211.9b | LK₨164.3b | LK₨17.9b | 13.6x | 11.8x | 1.3x |
| Wed, 29 Dec 2021 | LK₨121.8b | LK₨153.0b | LK₨16.1b | 10.4x | 7.6x | 0.8x |
Price to Earnings Ratio
7.6x
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 8.8x which is higher than its 3-year average PE of 7.0x.
- 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 grown 8.0% 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 | 3.62% | |
| Financials | 4.16% | |
| Insurance | 8.94% | |
| General Insurance | 10.33% | |
| Property and Casualty Insurance | 8.06% | |
| Life and Health Insurance | 6.52% | |
| Insurance Brokers | 0% | |
| Reinsurance | 0% | |
Industry PE
- Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio of 13.7x.
- 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 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 | |
|---|---|---|---|---|---|
| CINS.N0000 Ceylinco Insurance | LK₨3.00k | 11.6% +LK₨8.2b | 22.4% | PE6.6x | |
| AAIC.N0000 Softlogic Life Insurance | LK₨69.10 | 11.5% +LK₨2.2b | 25.2% | PE5.5x | |
| UAL.N0000 Union Assurance | LK₨57.00 | 5.6% +LK₨1.8b | 50.0% | PE9x | |
| LGIL.N0000 LOLC General Insurance | LK₨7.20 | 12.5% +LK₨960.0m | 20.0% | PE15.1x | |
| JINS.N0000 Janashakthi Insurance | LK₨54.70 | 7.0% +LK₨815.5m | 47.8% | PE4.3x |