Has the Omani Insurance Industry valuation changed over the past few years?
|Sat, 27 Nov 2021||ر.ع252.7m||ر.ع255.8m||ر.ع25.0m||7.2x|
|Mon, 25 Oct 2021||ر.ع248.7m||ر.ع254.5m||ر.ع28.2m||7x|
|Wed, 22 Sep 2021||ر.ع257.3m||ر.ع254.5m||ر.ع28.2m||8.3x|
|Fri, 20 Aug 2021||ر.ع266.2m||ر.ع254.5m||ر.ع28.2m||8.5x|
|Fri, 04 Jun 2021||ر.ع251.8m||ر.ع252.5m||ر.ع34.0m||6.9x|
|Mon, 08 Mar 2021||ر.ع251.5m||ر.ع253.7m||ر.ع32.5m||7x|
|Thu, 10 Dec 2020||ر.ع243.3m||ر.ع256.1m||ر.ع33.6m||7.3x|
|Wed, 02 Sep 2020||ر.ع236.1m||ر.ع258.9m||ر.ع31.8m||8x|
|Sat, 06 Jun 2020||ر.ع226.6m||ر.ع262.0m||ر.ع23.2m||10.1x|
|Tue, 10 Mar 2020||ر.ع236.5m||ر.ع258.4m||ر.ع24.2m||8.8x|
|Mon, 02 Dec 2019||ر.ع235.9m||ر.ع249.0m||ر.ع19.5m||9.1x|
|Thu, 05 Sep 2019||ر.ع214.8m||ر.ع244.5m||ر.ع20.6m||8.6x|
|Sun, 09 Jun 2019||ر.ع220.8m||ر.ع236.8m||ر.ع17.3m||9.1x|
|Sat, 02 Mar 2019||ر.ع231.6m||ر.ع237.5m||ر.ع20.5m||9.6x|
|Tue, 04 Dec 2018||ر.ع244.1m||ر.ع233.5m||ر.ع25.2m||9.4x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 8.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Insurance industry have remained mostly flat over the last three years, while revenues for these companies have grown 4.1% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Which industries have driven the changes within the Omani Insurance industry?
|Property and Casualty Insurance||1.06%|
|Life and Health Insurance||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 8.1x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the General Insurance industry, which is trading below its 3-year average of 10.1x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Which companies have driven the market over the last 7 days?