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Sri Lankan (CSE) Life and Health Insurance Industry Analysis
UpdatedSep 07, 2024
DataAggregated Company Financials
Companies5
- 7D0.9%
- 3M-8.2%
- 1Y-13.3%
- YTDn/a
In the last week, Life and Health Insurance has been flat. Unfortunately though, the industry is down 13% over the past 12 months.
Industry Valuation and Performance
Has the Sri Lankan Life and Health Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Sep 2024 | LK₨43.4b | LK₨87.7b | LK₨6.2b | 7.2x | 7x | 0.5x |
| Tue, 06 Aug 2024 | LK₨43.4b | LK₨87.3b | LK₨5.9b | 7.1x | 7.4x | 0.5x |
| Thu, 04 Jul 2024 | LK₨46.7b | LK₨86.4b | LK₨5.9b | 7.5x | 7.8x | 0.5x |
| Sat, 01 Jun 2024 | LK₨48.0b | LK₨84.2b | LK₨3.7b | 7.7x | 12.8x | 0.6x |
| Mon, 29 Apr 2024 | LK₨50.2b | LK₨82.4b | LK₨3.7b | 7.8x | 13.7x | 0.6x |
| Wed, 27 Mar 2024 | LK₨46.8b | LK₨82.6b | LK₨4.3b | 16.3x | 10.8x | 0.6x |
| Fri, 23 Feb 2024 | LK₨43.1b | LK₨81.1b | LK₨2.1b | 15.7x | 20.7x | 0.5x |
| Sun, 21 Jan 2024 | LK₨41.0b | LK₨79.8b | LK₨3.0b | 15.2x | 13.7x | 0.5x |
| Tue, 19 Dec 2023 | LK₨40.3b | LK₨79.8b | LK₨3.0b | 14.3x | 13.4x | 0.5x |
| Thu, 16 Nov 2023 | LK₨44.9b | LK₨76.2b | LK₨3.3b | 15.6x | 13.5x | 0.6x |
| Sat, 14 Oct 2023 | LK₨46.8b | LK₨75.0b | LK₨3.2b | 17.1x | 14.7x | 0.6x |
| Mon, 11 Sep 2023 | LK₨50.1b | LK₨75.0b | LK₨3.2b | 17.2x | 15.7x | 0.7x |
| Wed, 09 Aug 2023 | LK₨45.5b | LK₨68.6b | LK₨2.6b | 7.5x | 17.3x | 0.7x |
| Fri, 07 Jul 2023 | LK₨40.9b | LK₨68.6b | LK₨2.6b | 6.6x | 15.6x | 0.6x |
| Sun, 04 Jun 2023 | LK₨34.0b | LK₨69.7b | LK₨2.6b | 6x | 12.9x | 0.5x |
| Tue, 02 May 2023 | LK₨36.0b | LK₨64.1b | LK₨1.4b | 20x | 25.2x | 0.6x |
| Thu, 30 Mar 2023 | LK₨40.3b | LK₨64.1b | LK₨1.4b | 21x | 28.2x | 0.6x |
| Sat, 25 Feb 2023 | LK₨42.2b | LK₨63.3b | LK₨986.9m | 20.9x | 42.7x | 0.7x |
| Mon, 23 Jan 2023 | LK₨42.3b | LK₨61.8b | LK₨2.4b | 10.6x | 17.6x | 0.7x |
| Wed, 21 Dec 2022 | LK₨30.2b | LK₨61.8b | LK₨2.4b | 8.2x | 12.6x | 0.5x |
| Fri, 18 Nov 2022 | LK₨26.9b | LK₨59.0b | LK₨3.0b | 8x | 9x | 0.5x |
| Sun, 16 Oct 2022 | LK₨29.2b | LK₨58.9b | LK₨2.9b | 8.6x | 10.1x | 0.5x |
| Tue, 13 Sep 2022 | LK₨33.2b | LK₨58.9b | LK₨2.9b | 9.3x | 11.5x | 0.6x |
| Thu, 11 Aug 2022 | LK₨29.4b | LK₨56.9b | LK₨3.4b | 7.8x | 8.5x | 0.5x |
| Sat, 09 Jul 2022 | LK₨27.0b | LK₨56.9b | LK₨3.4b | 7.8x | 7.8x | 0.5x |
| Mon, 06 Jun 2022 | LK₨32.5b | LK₨56.9b | LK₨3.4b | 9x | 9.4x | 0.6x |
| Wed, 04 May 2022 | LK₨35.0b | LK₨55.9b | LK₨4.1b | 5.9x | 8.5x | 0.6x |
| Fri, 01 Apr 2022 | LK₨31.6b | LK₨56.0b | LK₨3.7b | 8.7x | 8.5x | 0.6x |
| Sun, 27 Feb 2022 | LK₨40.0b | LK₨55.2b | LK₨2.7b | 12.6x | 14.8x | 0.7x |
| Tue, 25 Jan 2022 | LK₨43.2b | LK₨52.9b | LK₨2.6b | 14.6x | 16.3x | 0.8x |
| Thu, 23 Dec 2021 | LK₨32.8b | LK₨50.3b | LK₨2.6b | 10.3x | 12.4x | 0.7x |
| Sat, 20 Nov 2021 | LK₨28.5b | LK₨50.7b | LK₨2.7b | 8.6x | 10.7x | 0.6x |
| Mon, 18 Oct 2021 | LK₨28.2b | LK₨49.3b | LK₨2.0b | 11.2x | 13.9x | 0.6x |
| Wed, 15 Sep 2021 | LK₨27.7b | LK₨49.3b | LK₨2.0b | 11x | 13.7x | 0.6x |
Price to Earnings Ratio
13.7x
Current Industry PE
- Investors are pessimistic on the Sri Lankan 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 7.0x which is lower than its 3-year average PE of 13.9x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- The earnings for companies in the Life and Health Insurance industry have grown 45% per year over the last three years.
- Revenues for these companies have grown 21% 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 Life and Health Insurance compare with similar industries?
| LK Market | -1.23% | |
| Financials | -1.12% | |
| Insurance | -0.65% | |
| Life and Health Insurance | 0.90% | |
| Property and Casualty Insurance | 0.54% | |
| Insurance Brokers | 0% | |
| Reinsurance | 0% | |
| General Insurance | -1.51% | |
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 | |
|---|---|---|---|---|---|
| UAL.N0000 Union Assurance | LK₨45.50 | 1.1% +LK₨294.6m | 14.0% | PE7.2x | |
| JINS.N0000 Janashakthi Insurance | LK₨37.30 | 1.4% +LK₨113.3m | -27.7% | PE2.2x | |
| ATLL.N0000 Amãna Takaful Life | LK₨26.50 | 6.0% +LK₨75.0m | -8.0% | PE43.2x |