Sri Lankan (CSE) Life and Health Insurance Industry Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies5
- 7D10.2%
- 3M-4.0%
- 1Y-6.5%
- YTD-18.1%
Over the last 7 days, the Life and Health Insurance industry has risen 10%, driven by gains from Union Assurance of 11%. In the same time, Amãna Takaful Life was down 11%. In the past year, the industry is down 6.5%.
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 |
|---|---|---|---|---|---|---|
| Sat, 03 Dec 2022 | LK₨29.5b | LK₨61.8b | LK₨2.4b | 8.6x | 12.3x | 0.5x |
| Mon, 31 Oct 2022 | LK₨29.4b | LK₨58.9b | LK₨2.9b | 8.8x | 10.2x | 0.5x |
| Wed, 28 Sep 2022 | LK₨31.4b | LK₨58.9b | LK₨2.9b | 9.1x | 10.9x | 0.5x |
| Fri, 26 Aug 2022 | LK₨30.4b | LK₨58.9b | LK₨2.9b | 8.6x | 10.5x | 0.5x |
| Sun, 24 Jul 2022 | LK₨28.6b | LK₨56.9b | LK₨3.4b | 7.8x | 8.3x | 0.5x |
| Tue, 21 Jun 2022 | LK₨29.0b | LK₨56.9b | LK₨3.4b | 8.1x | 8.4x | 0.5x |
| Thu, 19 May 2022 | LK₨34.2b | LK₨55.7b | LK₨4.1b | 8.4x | 8.4x | 0.6x |
| Sat, 16 Apr 2022 | LK₨31.7b | LK₨55.9b | LK₨4.1b | 6.4x | 7.7x | 0.6x |
| Mon, 14 Mar 2022 | LK₨40.2b | LK₨56.0b | LK₨3.7b | 12.1x | 10.8x | 0.7x |
| Wed, 09 Feb 2022 | LK₨46.7b | LK₨52.9b | LK₨2.6b | 15x | 17.7x | 0.9x |
| Fri, 07 Jan 2022 | LK₨35.5b | LK₨52.9b | LK₨2.6b | n/a | 13.4x | 0.7x |
| Sun, 05 Dec 2021 | LK₨31.6b | LK₨50.3b | LK₨2.6b | 9.5x | 12x | 0.6x |
| Tue, 02 Nov 2021 | LK₨28.4b | LK₨49.3b | LK₨2.2b | 11.2x | 13.1x | 0.6x |
| Thu, 30 Sep 2021 | LK₨27.8b | LK₨49.3b | LK₨2.0b | 11.1x | 13.7x | 0.6x |
| Sat, 28 Aug 2021 | LK₨27.8b | LK₨49.3b | LK₨2.0b | 11.1x | 13.7x | 0.6x |
| Sun, 04 Jul 2021 | LK₨28.6b | LK₨49.3b | LK₨2.0b | 11.6x | 14.1x | 0.6x |
| Wed, 07 Apr 2021 | LK₨31.0b | LK₨45.9b | LK₨1.8b | 10.2x | 17.6x | 0.7x |
| Sat, 09 Jan 2021 | LK₨30.6b | LK₨42.4b | LK₨1.3b | 8.9x | 24x | 0.7x |
| Fri, 02 Oct 2020 | LK₨29.9b | LK₨40.1b | LK₨1.3b | 13.1x | 23.2x | 0.7x |
| Mon, 06 Jul 2020 | LK₨30.3b | LK₨38.2b | LK₨1.7b | 12.5x | 17.5x | 0.8x |
| Thu, 09 Apr 2020 | LK₨27.0b | LK₨38.8b | LK₨2.1b | 9.1x | 12.7x | 0.7x |
| Wed, 01 Jan 2020 | LK₨32.2b | LK₨38.3b | LK₨2.6b | 11.2x | 12.5x | 0.8x |
Price to Earnings Ratio
-14.5x
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 12.3x which is lower than its 3-year average PE of 14.7x.
- The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
- Total earnings for the Life and Health Insurance industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 18% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Sri Lankan Life and Health Insurance compare with similar industries?
| LK Market | 8.48% | |
| Financials | 10.38% | |
| Insurance | 5.22% | |
| Life and Health Insurance | 10.17% | |
| Property and Casualty Insurance | 12.91% | |
| General Insurance | 2.47% | |
| 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 | |
|---|---|---|---|---|---|
| UAL.N0000 Union Assurance | LK₨26.60 | 10.8% +LK₨1.5b | -8.8% | PE7.3x | |
| SCAP.N0000 Softlogic Capital | LK₨5.60 | 16.7% +LK₨781.7m | -15.2% | PS0.2x | |
| JINS.N0000 Janashakthi Insurance | LK₨24.70 | 12.3% +LK₨611.6m | -1.2% | PE9.9x |