Pakistani (KSE) Property and Casualty Insurance Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 08 Aug 2026	PK₨145.2b	PK₨266.7b	PK₨22.7b	6.2x	6.4x	0.5x
Mon, 06 Jul 2026	PK₨126.7b	PK₨266.7b	PK₨22.7b	5.7x	5.6x	0.5x
Wed, 03 Jun 2026	PK₨119.9b	PK₨266.7b	PK₨22.7b	5.1x	5.3x	0.4x
Fri, 01 May 2026	PK₨121.9b	PK₨266.5b	PK₨22.9b	5.1x	5.3x	0.5x
Sun, 29 Mar 2026	PK₨108.4b	PK₨276.9b	PK₨22.7b	5.1x	4.8x	0.4x
Tue, 24 Feb 2026	PK₨121.6b	PK₨284.4b	PK₨22.5b	5.5x	5.4x	0.4x
Thu, 22 Jan 2026	PK₨131.9b	PK₨286.8b	PK₨22.6b	5.8x	5.8x	0.5x
Sat, 20 Dec 2025	PK₨119.7b	PK₨286.8b	PK₨22.6b	5.2x	5.3x	0.4x
Mon, 17 Nov 2025	PK₨120.1b	PK₨286.8b	PK₨22.6b	5.2x	5.3x	0.4x
Wed, 15 Oct 2025	PK₨124.2b	PK₨261.9b	PK₨20.3b	5.7x	6.1x	0.5x
Fri, 12 Sep 2025	PK₨115.8b	PK₨262.0b	PK₨20.3b	5.9x	5.7x	0.4x
Sun, 10 Aug 2025	PK₨111.8b	PK₨258.3b	PK₨20.4b	5.1x	5.5x	0.4x
Tue, 08 Jul 2025	PK₨100.5b	PK₨258.3b	PK₨20.4b	4.4x	4.9x	0.4x
Thu, 05 Jun 2025	PK₨92.8b	PK₨258.3b	PK₨20.4b	3.7x	4.6x	0.4x
Sat, 03 May 2025	PK₨88.8b	PK₨257.8b	PK₨20.0b	3.9x	4.4x	0.3x
Mon, 31 Mar 2025	PK₨89.0b	PK₨248.3b	PK₨17.7b	4.6x	5x	0.4x
Wed, 26 Feb 2025	PK₨91.2b	PK₨227.9b	PK₨18.0b	4.7x	5.1x	0.4x
Fri, 24 Jan 2025	PK₨87.2b	PK₨227.9b	PK₨18.0b	4.4x	4.9x	0.4x
Sun, 22 Dec 2024	PK₨84.2b	PK₨227.9b	PK₨18.0b	4.5x	4.7x	0.4x
Tue, 19 Nov 2024	PK₨77.1b	PK₨227.8b	PK₨18.0b	4.5x	4.3x	0.3x
Thu, 17 Oct 2024	PK₨65.7b	PK₨217.6b	PK₨19.1b	3.4x	3.4x	0.3x
Sat, 14 Sep 2024	PK₨68.0b	PK₨217.6b	PK₨19.1b	3.6x	3.6x	0.3x
Mon, 12 Aug 2024	PK₨64.2b	PK₨203.1b	PK₨15.6b	4.2x	4.1x	0.3x
Wed, 10 Jul 2024	PK₨66.7b	PK₨203.1b	PK₨15.6b	4.5x	4.3x	0.3x
Fri, 07 Jun 2024	PK₨57.1b	PK₨198.9b	PK₨14.9b	4.1x	3.8x	0.3x
Sun, 05 May 2024	PK₨55.7b	PK₨198.2b	PK₨14.7b	4.1x	3.8x	0.3x
Tue, 02 Apr 2024	PK₨53.7b	PK₨176.2b	PK₨13.8b	3.7x	3.9x	0.3x
Thu, 29 Feb 2024	PK₨55.7b	PK₨165.6b	PK₨11.2b	3.7x	5x	0.3x
Sat, 27 Jan 2024	PK₨66.6b	PK₨168.1b	PK₨11.6b	4x	5.7x	0.4x
Mon, 25 Dec 2023	PK₨65.8b	PK₨168.1b	PK₨11.6b	3.9x	5.7x	0.4x
Wed, 22 Nov 2023	PK₨66.1b	PK₨168.0b	PK₨11.6b	3.8x	5.7x	0.4x
Fri, 20 Oct 2023	PK₨62.9b	PK₨154.4b	PK₨8.1b	4x	7.8x	0.4x
Sun, 17 Sep 2023	PK₨58.7b	PK₨148.3b	PK₨7.8b	4.6x	7.5x	0.4x
Tue, 15 Aug 2023	PK₨61.3b	PK₨139.6b	PK₨7.6b	5.7x	8.1x	0.4x

Current Industry PE

Investors are optimistic on the Pakistani Property and Casualty Insurance industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 6.4x which is higher than its 3-year average PE of 5.2x.

The industry is trading close to its 3-year average PS ratio of 0.39x.

Past Earnings Growth

The earnings for companies in the Property and Casualty Insurance industry have grown 44% per year over the last three years.
Revenues for these companies have grown 24% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Pakistani Property and Casualty Insurance compare with similar industries?


PK Market	2.43%
Financials	3.39%
Insurance	2.80%
Property and Casualty Insurance	5.28%
General Insurance	2.86%
Reinsurance	0%	0
Life and Health Insurance	-0.21%

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
EWIC East West Insurance	PK₨67.22	47.8% +PK₨7.4b	42.0%	PE15.5x
AICL Adamjee Insurance	PK₨96.37	4.2% +PK₨1.4b	36.8%	PE6.5x
EFUG EFU General Insurance	PK₨125.44	1.3% +PK₨330.0m	-0.1%	PE4.5x
ATIL Atlas Insurance	PK₨78.89	2.4% +PK₨279.4m	-11.7%	PE5.2x
PKGI Pakistan General Insurance	PK₨24.42	11.7% +PK₨127.5m	123.8%	PE31.2x

New major risk - Earnings quality

The company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 31x cash flows per share). Market cap is less than US$100m (PK₨2.94b market cap, or US$10.6m).

Pakistani (KSE) Property and Casualty Insurance Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 26%

Investor sentiment improves as stock rises 22%

Investor sentiment improves as stock rises 21%

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 17%

Now 21% overvalued after recent price rise

TPL Insurance Limited Announces Management Changes

Efu General Insurance Limited Announces Retirement of Directors

Now 25% overvalued after recent price rise

Investor sentiment improves as stock rises 18%

New major risk - Earnings quality

First quarter 2026 earnings released: EPS: PK₨0.59 (vs PK₨0.71 in 1Q 2025)

First quarter 2026 earnings released: PK₨0.27 loss per share (vs PK₨0.11 profit in 1Q 2025)

First quarter 2026 earnings released: EPS: PK₨1.11 (vs PK₨0.97 in 1Q 2025)

First quarter 2026 earnings released: EPS: PK₨3.62 (vs PK₨2.20 in 1Q 2025)