Pakistani (KSE) Insurance Industry Analysis
UpdatedMay 10, 2024
DataAggregated Company Financials
Companies23
- 7D0.4%
- 3M2.0%
- 1Y23.4%
- YTD-0.2%
The Insurance is pretty flat in the last 7 days, but IGI Holdings has stood out, gaining 6.8%. As for the the longer term, the industry is up 23% over the past 12 months.
Industry Valuation and Performance
Has the Pakistani Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 10 May 2024 | PK₨122.8b | PK₨449.1b | PK₨27.2b | 4.2x | 4.5x | 0.3x |
| Sun, 07 Apr 2024 | PK₨126.4b | PK₨401.2b | PK₨24.9b | 5.1x | 5.1x | 0.3x |
| Tue, 05 Mar 2024 | PK₨121.8b | PK₨372.9b | PK₨22.6b | 5x | 5.4x | 0.3x |
| Thu, 01 Feb 2024 | PK₨130.2b | PK₨375.4b | PK₨23.0b | 4.5x | 5.7x | 0.3x |
| Sat, 30 Dec 2023 | PK₨131.3b | PK₨362.4b | PK₨22.7b | 4.4x | 5.8x | 0.4x |
| Mon, 27 Nov 2023 | PK₨128.4b | PK₨358.8b | PK₨22.6b | 4.3x | 5.7x | 0.4x |
| Wed, 25 Oct 2023 | PK₨118.5b | PK₨335.7b | PK₨18.4b | 5.6x | 6.5x | 0.4x |
| Fri, 22 Sep 2023 | PK₨110.5b | PK₨329.8b | PK₨18.1b | 4.8x | 6.1x | 0.3x |
| Sun, 20 Aug 2023 | PK₨117.5b | PK₨304.0b | PK₨16.9b | 5.7x | 6.9x | 0.4x |
| Tue, 18 Jul 2023 | PK₨114.3b | PK₨304.0b | PK₨16.9b | 5.8x | 6.8x | 0.4x |
| Thu, 15 Jun 2023 | PK₨112.7b | PK₨304.0b | PK₨16.9b | 5.5x | 6.7x | 0.4x |
| Sat, 13 May 2023 | PK₨110.2b | PK₨300.0b | PK₨16.2b | 6.2x | 6.8x | 0.4x |
| Mon, 10 Apr 2023 | PK₨114.1b | PK₨291.2b | PK₨16.9b | 6.8x | 6.7x | 0.4x |
| Wed, 08 Mar 2023 | PK₨116.9b | PK₨285.0b | PK₨17.5b | 5.7x | 6.7x | 0.4x |
| Fri, 03 Feb 2023 | PK₨119.0b | PK₨280.0b | PK₨17.4b | 5.5x | 6.8x | 0.4x |
| Sun, 01 Jan 2023 | PK₨120.0b | PK₨280.0b | PK₨17.4b | 5.9x | 6.9x | 0.4x |
| Tue, 29 Nov 2022 | PK₨123.0b | PK₨274.3b | PK₨17.2b | 6.2x | 7.2x | 0.4x |
| Thu, 27 Oct 2022 | PK₨121.4b | PK₨256.3b | PK₨16.9b | 6.6x | 7.2x | 0.5x |
| Sat, 24 Sep 2022 | PK₨125.0b | PK₨232.0b | PK₨16.9b | 6.2x | 7.4x | 0.5x |
| Mon, 22 Aug 2022 | PK₨133.1b | PK₨243.8b | PK₨18.0b | 6.6x | 7.4x | 0.5x |
| Wed, 20 Jul 2022 | PK₨131.8b | PK₨243.8b | PK₨18.0b | 6.4x | 7.3x | 0.5x |
| Fri, 17 Jun 2022 | PK₨130.9b | PK₨263.8b | PK₨18.3b | 6.5x | 7.2x | 0.5x |
| Sun, 15 May 2022 | PK₨136.4b | PK₨264.6b | PK₨18.3b | 6.6x | 7.5x | 0.5x |
| Tue, 12 Apr 2022 | PK₨141.1b | PK₨265.6b | PK₨18.1b | 7.2x | 7.8x | 0.5x |
| Thu, 10 Mar 2022 | PK₨139.7b | PK₨272.4b | PK₨17.2b | 6.8x | 8.1x | 0.5x |
| Sat, 05 Feb 2022 | PK₨144.5b | PK₨251.9b | PK₨17.2b | 7.5x | 8.4x | 0.6x |
| Mon, 03 Jan 2022 | PK₨147.4b | PK₨251.9b | PK₨17.2b | 7.3x | 8.6x | 0.6x |
| Wed, 01 Dec 2021 | PK₨148.5b | PK₨251.9b | PK₨17.2b | 7.5x | 8.6x | 0.6x |
| Fri, 29 Oct 2021 | PK₨151.3b | PK₨273.6b | PK₨16.9b | 7.8x | 8.9x | 0.6x |
| Sun, 26 Sep 2021 | PK₨151.5b | PK₨279.1b | PK₨17.2b | 7.3x | 8.8x | 0.5x |
| Tue, 24 Aug 2021 | PK₨163.0b | PK₨279.1b | PK₨17.2b | 8.7x | 9.5x | 0.6x |
| Wed, 30 Jun 2021 | PK₨169.8b | PK₨279.1b | PK₨17.2b | 9x | 9.9x | 0.6x |
Price to Earnings Ratio
9.5x
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 4.5x which is lower than its 3-year average PE of 7.3x.
- The industry is trading close to its 3-year average PS ratio of 0.46x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 16% 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 Market | 1.58% | |
| Financials | -0.85% | |
| Insurance | 0.36% | |
| Life and Health Insurance | 2.66% | |
| Insurance Brokers | 0% | |
| Property and Casualty Insurance | -0.65% | |
| Reinsurance | -7.04% | |
| General Insurance | -7.31% | |
Industry PE
- Investors are most optimistic about the General Insurance industry which is trading above its 3-year average PE ratio.
- 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 close to its 3-year average of 3.2x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IGIHL IGI Holdings | PK₨113.31 | 6.8% +PK₨1.0b | 31.2% | PE4.2x | |
| ALIFE Adamjee Life Assurance | PK₨32.55 | 4.1% +PK₨320.0m | 124.5% | PE9x | |
| JLICL Jubilee Life Insurance | PK₨121.02 | 2.4% +PK₨283.0m | 11.0% | PE5.2x | |
| JGICL Jubilee General Insurance | PK₨34.99 | 2.9% +PK₨194.5m | 34.6% | PE2.2x | |
| PKGI Pakistan General Insurance | PK₨7.40 | 27.6% +PK₨74.2m | -7.4% | PS60.9x |