Has the Pakistani Insurance Industry valuation changed over the past few years?
|Thu, 02 Dec 2021||PK₨148.4b||PK₨251.9b||PK₨17.2b||7.7x|
|Sat, 30 Oct 2021||PK₨150.5b||PK₨268.1b||PK₨16.3b||7.4x|
|Mon, 27 Sep 2021||PK₨151.5b||PK₨279.1b||PK₨17.2b||7.3x|
|Wed, 25 Aug 2021||PK₨163.3b||PK₨279.1b||PK₨17.2b||8.8x|
|Thu, 01 Jul 2021||PK₨169.8b||PK₨279.1b||PK₨17.2b||9x|
|Sun, 04 Apr 2021||PK₨167.0b||PK₨286.6b||PK₨17.7b||6.8x|
|Wed, 06 Jan 2021||PK₨177.7b||PK₨256.1b||PK₨15.4b||7.3x|
|Sat, 10 Oct 2020||PK₨173.7b||PK₨270.0b||PK₨16.6b||6.6x|
|Fri, 03 Jul 2020||PK₨150.0b||PK₨241.0b||PK₨15.5b||6.2x|
|Mon, 06 Apr 2020||PK₨125.7b||PK₨207.6b||PK₨12.6b||6.1x|
|Thu, 09 Jan 2020||PK₨168.4b||PK₨231.6b||PK₨13.0b||7.9x|
|Wed, 02 Oct 2019||PK₨134.8b||PK₨186.0b||PK₨9.3b||11.8x|
|Sat, 06 Jul 2019||PK₨135.2b||PK₨183.0b||PK₨10.4b||9.6x|
|Tue, 09 Apr 2019||PK₨163.0b||PK₨179.7b||PK₨11.5b||12.1x|
|Mon, 31 Dec 2018||PK₨174.8b||PK₨175.5b||PK₨12.7b||10.8x|
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 8.7x. 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 grown 11% per year over the last three years, and revenues for these companies have grown 15% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Pakistani Insurance industry?
|Property and Casualty Insurance||0.73%|
|Life and Health Insurance||-0.61%|
Industry PE: Investors are most optimistic about the Life and Health Insurance industry even though it's trading below its 3-year average PE ratio of 13.3x. 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 Reinsurance industry, which is trading below its 3-year average of 5.9x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Which companies have driven the market over the last 7 days?
United Insurance Company of Pakistan
Jubilee Life Insurance
EFU Life Assurance
IGI Life Insurance
Askari General Insurance
Askari Life Assurance