Header cover image

Qatari (QE) Insurance Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies7
  • 7D-0.7%
  • 3M2.3%
  • 1Y-8.1%
  • YTD-10.6%

In the last week, the Insurance industry is flat overall, with Damaan Islamic Insurance Company Beema (Q.P.S.C.) standing out by going down 4.3%. As for the longer term, the industry has declined 7.7% in the last year. As for the next few years, earnings are forecast to decline by 1.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024ر.ق12.7bر.ق10.4bر.ق118.8m8x106.7x1.2x
Sat, 19 Oct 2024ر.ق13.0bر.ق10.8bر.ق66.9m7.9x194.4x1.2x
Mon, 16 Sep 2024ر.ق12.7bر.ق12.0b-ر.ق13,171,577.008.1x-961.5x1.1x
Wed, 14 Aug 2024ر.ق12.3bر.ق11.9b-ر.ق32,702,714.008x-374.9x1x
Fri, 12 Jul 2024ر.ق12.3bر.ق11.8b-ر.ق74,551,737.007.9x-164.3x1x
Sun, 09 Jun 2024ر.ق12.2bر.ق11.8b-ر.ق74,551,737.007.9x-163.8x1x
Tue, 07 May 2024ر.ق12.7bر.ق11.8b-ر.ق75,409,591.008.3x-168.5x1.1x
Thu, 04 Apr 2024ر.ق12.6bر.ق11.4b-ر.ق20,121,652.008.1x-627.8x1.1x
Sat, 02 Mar 2024ر.ق13.4bر.ق10.9bر.ق880.1m8.3x15.2x1.2x
Mon, 29 Jan 2024ر.ق13.4bر.ق10.9bر.ق366.1m9.9x36.7x1.2x
Wed, 27 Dec 2023ر.ق14.0bر.ق10.9bر.ق366.1m9.9x38.2x1.3x
Fri, 24 Nov 2023ر.ق13.8bر.ق10.9bر.ق366.1m10.1x37.6x1.3x
Sun, 22 Oct 2023ر.ق14.0bر.ق10.9bر.ق365.4m11x38.4x1.3x
Tue, 19 Sep 2023ر.ق13.7bر.ق12.0bر.ق365.4m11.3x37.6x1.1x
Thu, 17 Aug 2023ر.ق13.5bر.ق11.6bر.ق211.3m13.3x64.1x1.2x
Sat, 15 Jul 2023ر.ق13.3bر.ق11.5bر.ق181.9m12.1x73.1x1.2x
Mon, 12 Jun 2023ر.ق13.2bر.ق11.5bر.ق189.7m12.9x69.7x1.1x
Wed, 10 May 2023ر.ق12.3bر.ق11.6b-ر.ق28,310,584.0012.9x-432.8x1.1x
Fri, 07 Apr 2023ر.ق11.2bر.ق11.6bر.ق514.2m12.9x21.8x1x
Sun, 05 Mar 2023ر.ق11.4bر.ق11.6bر.ق502.3m15x22.7x1x
Tue, 31 Jan 2023ر.ق12.6bر.ق12.2bر.ق762.3m14.8x16.5x1x
Thu, 29 Dec 2022ر.ق12.4bر.ق12.2bر.ق762.3m15.6x16.3x1x
Sat, 26 Nov 2022ر.ق12.7bر.ق12.2bر.ق762.3m15.6x16.7x1x
Mon, 24 Oct 2022ر.ق14.2bر.ق12.4bر.ق903.1m17x15.8x1.1x
Wed, 21 Sep 2022ر.ق14.3bر.ق12.4bر.ق903.1m17.5x15.9x1.2x
Fri, 19 Aug 2022ر.ق14.8bر.ق12.4bر.ق903.1m17.4x16.4x1.2x
Sun, 17 Jul 2022ر.ق14.5bر.ق12.3bر.ق904.3m16.5x16x1.2x
Tue, 14 Jun 2022ر.ق15.1bر.ق12.3bر.ق904.3m17.1x16.7x1.2x
Thu, 12 May 2022ر.ق14.7bر.ق12.3bر.ق900.7m16.2x16.3x1.2x
Sat, 09 Apr 2022ر.ق14.8bر.ق12.0bر.ق859.6m17.4x17.3x1.2x
Mon, 07 Mar 2022ر.ق14.9bر.ق11.7bر.ق859.6m17.2x17.3x1.3x
Wed, 02 Feb 2022ر.ق15.3bر.ق11.8bر.ق1.0b15.2x15x1.3x
Fri, 31 Dec 2021ر.ق15.6bر.ق11.8bر.ق1.0b15.4x15.2x1.3x
Sun, 28 Nov 2021ر.ق14.8bر.ق11.8bر.ق1.0b14.7x14.4x1.2x
Price to Earnings Ratio

14.4x


Total Market Cap: ر.ق14.8bTotal Earnings: ر.ق1.0bTotal Revenue: ر.ق11.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Insurance Industry Price to Earnings3Y Average -200.6x202220232024
Current Industry PE
  • Investors are optimistic on the Qatari Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 106x which is higher than its 3-year average PE of -201x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have declined 51% per year over the last three years,
  • Revenues have also declined 4.4% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

QA Market0.12%
Financials-0.17%
Insurance-0.67%
Life and Health Insurance0.096%
Insurance Brokers0%
Reinsurance0%
Property and Casualty Insurance-0.32%
General Insurance-2.60%
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 13.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Property and Casualty Insurance industry since they expect its earnings to decline by only 1.3% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 8.9% per year.
  • In contrast, the Property and Casualty Insurance industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
QLMI QLM Life & Medical Insurance Company Q.P.S.Cر.ق2.071.2%
+ر.ق8.8m
-20.8%PE9.3x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

QATI

ر.ق2.11

Qatar Insurance Company Q.S.P.C

7D

-0.3%

1Y

-11.7%

DOHI

ر.ق2.50

Doha Insurance Group Q.P.S.C

7D

-0.4%

1Y

3.7%

QISI

ر.ق8.45

Qatar Islamic Insurance Group Q.P.S.C

7D

-1.6%

1Y

-4.0%

QLMI

ر.ق2.07

QLM Life & Medical Insurance Company Q.P.S.C

7D

1.2%

1Y

-20.8%

QGRI

ر.ق1.21

Qatar General Insurance & Reinsurance Company Q.P.S.C

7D

-4.0%

1Y

0.3%

BEMA

ر.ق3.90

Damaan Islamic Insurance Company Beema (Q.P.S.C.)

7D

-3.7%

1Y

7.9%