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Pakistani (KSE) Insurance Industry Analysis

UpdatedFeb 29, 2024
DataAggregated Company Financials
Companies23
  • 7D1.6%
  • 3M4.5%
  • 1Y14.5%
  • YTD-1.2%

Over the last 7 days, the Insurance industry has risen 1.6%, driven by gains from EFU General Insurance of 4.8%. Meanwhile, Jubilee Life Insurance actually underperformed within the industry, shrinking 9.2% in the last week. In the last 12 months, the industry was up 14%.

Industry Valuation and Performance

Has the Pakistani Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024PK₨121.1bPK₨372.9bPK₨22.6b4.4x5.4x0.3x
Sun, 28 Jan 2024PK₨131.2bPK₨375.4bPK₨23.0b4.6x5.7x0.3x
Tue, 26 Dec 2023PK₨128.8bPK₨362.4bPK₨22.7b4.3x5.7x0.4x
Thu, 23 Nov 2023PK₨128.9bPK₨358.8bPK₨22.6b4.3x5.7x0.4x
Sat, 21 Oct 2023PK₨118.1bPK₨335.7bPK₨18.4b4.5x6.4x0.4x
Mon, 18 Sep 2023PK₨111.2bPK₨329.6bPK₨18.1b4.9x6.1x0.3x
Wed, 16 Aug 2023PK₨117.9bPK₨304.0bPK₨16.9b5.9x7x0.4x
Fri, 14 Jul 2023PK₨113.5bPK₨304.0bPK₨16.9b5.5x6.7x0.4x
Sun, 11 Jun 2023PK₨113.1bPK₨304.0bPK₨16.9b5.7x6.7x0.4x
Tue, 09 May 2023PK₨113.0bPK₨298.5bPK₨16.2b6.4x7x0.4x
Thu, 06 Apr 2023PK₨117.0bPK₨289.5bPK₨16.1b5.3x7.3x0.4x
Sat, 04 Mar 2023PK₨116.7bPK₨280.0bPK₨17.4b5.6x6.7x0.4x
Mon, 30 Jan 2023PK₨118.3bPK₨280.0bPK₨17.4b5.5x6.8x0.4x
Wed, 28 Dec 2022PK₨120.1bPK₨279.7bPK₨17.6b5.9x6.8x0.4x
Fri, 25 Nov 2022PK₨124.4bPK₨274.3bPK₨17.2b6.2x7.2x0.5x
Sun, 23 Oct 2022PK₨121.8bPK₨256.3bPK₨16.9b6.6x7.2x0.5x
Tue, 20 Sep 2022PK₨126.2bPK₨233.2bPK₨16.9b6.4x7.5x0.5x
Thu, 18 Aug 2022PK₨132.4bPK₨243.8bPK₨18.0b6.6x7.3x0.5x
Sat, 16 Jul 2022PK₨132.9bPK₨243.8bPK₨18.0b6.4x7.4x0.5x
Mon, 13 Jun 2022PK₨131.3bPK₨263.8bPK₨18.3b6.5x7.2x0.5x
Wed, 11 May 2022PK₨139.0bPK₨264.6bPK₨18.3b6.6x7.6x0.5x
Fri, 08 Apr 2022PK₨140.8bPK₨265.6bPK₨17.1b7x8.2x0.5x
Sun, 06 Mar 2022PK₨135.5bPK₨251.5bPK₨17.0b7x8x0.5x
Tue, 01 Feb 2022PK₨142.9bPK₨251.9bPK₨17.2b7.5x8.3x0.6x
Thu, 30 Dec 2021PK₨145.4bPK₨251.9bPK₨17.2b7.2x8.4x0.6x
Sat, 27 Nov 2021PK₨148.3bPK₨251.9bPK₨17.2b7.8x8.6x0.6x
Mon, 25 Oct 2021PK₨150.8bPK₨279.1bPK₨17.2b7x8.8x0.5x
Wed, 22 Sep 2021PK₨154.3bPK₨279.1bPK₨17.2b8.1x9x0.6x
Fri, 20 Aug 2021PK₨162.3bPK₨279.1bPK₨17.2b8.7x9.5x0.6x
Fri, 04 Jun 2021PK₨168.2bPK₨286.6bPK₨17.7b8.4x9.5x0.6x
Mon, 08 Mar 2021PK₨168.3bPK₨256.1bPK₨15.4b8x10.9x0.7x
Price to Earnings Ratio

10.9x


Total Market Cap: PK₨168.3bTotal Earnings: PK₨15.4bTotal Revenue: PK₨256.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Pakistani Insurance Industry Price to Earnings3Y Average 7.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Pakistani 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 5.4x which is lower than its 3-year average PE of 7.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.48x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Pakistani Financials industry?

PK Market2.41%
Financials2.64%
Insurance1.57%
General Insurance9.52%
Property and Casualty Insurance1.79%
Life and Health Insurance1.40%
Reinsurance1.25%
Insurance Brokers0%
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 9.4x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 3.3x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
JGICL Jubilee General InsurancePK₨44.506.6%
+PK₨545.9m
76.2%PE3.6x
EFUG EFU General InsurancePK₨86.002.4%
+PK₨400.0m
-4.4%PE13.2x
EFUL EFU Life AssurancePK₨190.000.8%
+PK₨151.0m
0%PE9.6x
PAKRI Pakistan ReinsurancePK₨8.151.6%
+PK₨117.0m
22.4%PE2.2x
AICL Adamjee InsurancePK₨36.140.9%
+PK₨115.5m
24.0%PE4x
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Latest News

TPLI

PK₨11.50

TPL Insurance

7D

-2.3%

1Y

-45.1%

AGIC

PK₨21.00

Askari General Insurance

7D

7.9%

1Y

31.3%

ALAC

PK₨5.05

Askari Life Assurance

7D

-5.6%

1Y

1.0%

PAKRI

PK₨8.15

Pakistan Reinsurance

7D

1.6%

1Y

22.4%

RICL

PK₨8.80

Reliance Insurance

7D

-3.8%

1Y

49.0%

AICL

PK₨36.14

Adamjee Insurance

7D

0.9%

1Y

24.0%

HICL

PK₨5.85

Habib Insurance

7D

-3.0%

1Y

1.7%

SHNI

PK₨4.15

Shaheen Insurance

7D

-4.4%

1Y

42.1%

JLICL

PK₨132.49

Jubilee Life Insurance

7D

-8.7%

1Y

15.4%

IGIHL

PK₨113.50

IGI Holdings

7D

0.4%

1Y

26.1%

ALIFE

PK₨25.24

Adamjee Life Assurance

7D

-4.5%

1Y

39.5%

EFUL

PK₨190.00

EFU Life Assurance

7D

0.8%

1Y

0%

JGICL

PK₨44.50

Jubilee General Insurance

7D

6.6%

1Y

76.2%

EFUG

PK₨86.00

EFU General Insurance

7D

2.4%

1Y

-4.4%

PINL

PK₨6.75

Premier Insurance

7D

-3.6%

1Y

3.7%

ATIL

PK₨41.00

Atlas Insurance

7D

1.3%

1Y

13.4%