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Sri Lankan (CSE) General Insurance Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies5
- 7D10.3%
- 3M28.9%
- 1Y24.3%
- YTDn/a
In the last week, the General Insurance industry is up 10%, with Ceylinco Insurance up 12%. During this same period, the Amãna Takaful underperformed, falling 5.7%. In the last 12 months, the industry was up 24%.
Industry Valuation and Performance
Has the Sri Lankan General Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | LK₨109.2b | LK₨171.5b | LK₨18.3b | 5.9x | 6x | 0.6x |
| Tue, 19 Nov 2024 | LK₨92.3b | LK₨171.5b | LK₨18.3b | 5.5x | 5x | 0.5x |
| Thu, 17 Oct 2024 | LK₨91.4b | LK₨169.0b | LK₨17.6b | 5.3x | 5.2x | 0.5x |
| Sat, 14 Sep 2024 | LK₨86.8b | LK₨169.0b | LK₨17.6b | 5.3x | 4.9x | 0.5x |
| Mon, 12 Aug 2024 | LK₨96.6b | LK₨167.0b | LK₨17.3b | 6.1x | 5.6x | 0.6x |
| Wed, 10 Jul 2024 | LK₨96.1b | LK₨164.4b | LK₨16.5b | 6.8x | 5.8x | 0.6x |
| Fri, 07 Jun 2024 | LK₨94.6b | LK₨164.4b | LK₨16.5b | 6.5x | 5.7x | 0.6x |
| Sun, 05 May 2024 | LK₨95.3b | LK₨158.1b | LK₨15.1b | 6.1x | 6.3x | 0.6x |
| Tue, 02 Apr 2024 | LK₨90.4b | LK₨158.1b | LK₨15.1b | 5.6x | 6x | 0.6x |
| Thu, 29 Feb 2024 | LK₨87.5b | LK₨157.3b | LK₨13.6b | 6.9x | 6.5x | 0.6x |
| Sat, 27 Jan 2024 | LK₨88.0b | LK₨154.3b | LK₨12.5b | 8.3x | 7.1x | 0.6x |
| Mon, 25 Dec 2023 | LK₨89.3b | LK₨154.3b | LK₨12.5b | 8.5x | 7.2x | 0.6x |
| Wed, 22 Nov 2023 | LK₨92.5b | LK₨154.3b | LK₨12.5b | 8.9x | 7.4x | 0.6x |
| Fri, 20 Oct 2023 | LK₨94.1b | LK₨148.3b | LK₨17.3b | 9.8x | 5.4x | 0.6x |
| Sun, 17 Sep 2023 | LK₨97.9b | LK₨148.3b | LK₨17.3b | 11.2x | 5.7x | 0.7x |
| Tue, 15 Aug 2023 | LK₨92.8b | LK₨141.8b | LK₨17.5b | 10.6x | 5.3x | 0.7x |
| Thu, 13 Jul 2023 | LK₨100.2b | LK₨138.4b | LK₨17.8b | 11.9x | 5.6x | 0.7x |
| Sat, 10 Jun 2023 | LK₨84.7b | LK₨138.8b | LK₨17.8b | 9.4x | 4.8x | 0.6x |
| Mon, 08 May 2023 | LK₨88.4b | LK₨133.4b | LK₨18.0b | 8.1x | 4.9x | 0.7x |
| Wed, 05 Apr 2023 | LK₨96.4b | LK₨131.9b | LK₨18.0b | 8.6x | 5.4x | 0.7x |
| Fri, 03 Mar 2023 | LK₨100.0b | LK₨131.7b | LK₨18.1b | 5.2x | 5.5x | 0.8x |
| Sun, 29 Jan 2023 | LK₨106.7b | LK₨122.3b | LK₨19.8b | 5.3x | 5.4x | 0.9x |
| Tue, 27 Dec 2022 | LK₨90.4b | LK₨122.3b | LK₨19.8b | 5.3x | 4.6x | 0.7x |
| Thu, 24 Nov 2022 | LK₨79.6b | LK₨122.3b | LK₨19.8b | 4.8x | 4x | 0.7x |
| Sat, 22 Oct 2022 | LK₨80.5b | LK₨114.8b | LK₨15.0b | 5.5x | 5.4x | 0.7x |
| Mon, 19 Sep 2022 | LK₨90.8b | LK₨114.8b | LK₨15.0b | 5.3x | 6x | 0.8x |
| Wed, 17 Aug 2022 | LK₨92.9b | LK₨113.9b | LK₨14.7b | 6.2x | 6.3x | 0.8x |
| Fri, 15 Jul 2022 | LK₨78.9b | LK₨109.6b | LK₨14.3b | 5.7x | 5.5x | 0.7x |
| Sun, 12 Jun 2022 | LK₨79.5b | LK₨109.6b | LK₨14.3b | 6.3x | 5.6x | 0.7x |
| Tue, 10 May 2022 | LK₨79.0b | LK₨104.7b | LK₨13.9b | 6.4x | 5.7x | 0.8x |
| Thu, 07 Apr 2022 | LK₨84.6b | LK₨105.1b | LK₨13.9b | 7.3x | 6.1x | 0.8x |
| Sat, 05 Mar 2022 | LK₨112.2b | LK₨105.0b | LK₨13.9b | 11.3x | 8.1x | 1.1x |
| Mon, 31 Jan 2022 | LK₨138.2b | LK₨99.6b | LK₨13.1b | 13.6x | 10.6x | 1.4x |
| Wed, 29 Dec 2021 | LK₨80.2b | LK₨94.1b | LK₨12.4b | 7.8x | 6.5x | 0.9x |
Price to Earnings Ratio
6.5x
Current Industry PE
- Investors are relatively neutral on the Sri Lankan Multi-line 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 5.9x.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
- The earnings for companies in the Multi-line Insurance industry have grown 14% 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 Comparison
How does Sri Lankan General Insurance compare with similar industries?
| 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 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?
| 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 | |
| HASU.N0000 HNB Assurance | LK₨75.00 | 6.2% +LK₨660.0m | 42.0% | PE5.9x | |
| COOP.N0000 Co-operative Insurance | LK₨3.10 | 6.9% +LK₨330.4m | 29.2% | PE71.6x |