Have your own idea? Try our Stock Screener
Qatari (QE) Insurance Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies7
- 7D3.1%
- 3M1.0%
- 1Y-4.9%
- YTD-8.3%
Over the last 7 days, the Insurance industry has risen 3.1%, driven by gains from Qatar Insurance Company Q.S.P.C of 6.1%. However, the industry is down 4.9% over the past year. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the Qatari Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | ر.ق13.0b | ر.ق10.4b | ر.ق118.8m | 8.2x | 109.5x | 1.3x |
| Tue, 19 Nov 2024 | ر.ق12.6b | ر.ق10.4b | ر.ق118.8m | 8.2x | 106x | 1.2x |
| Thu, 17 Oct 2024 | ر.ق13.1b | ر.ق10.8b | ر.ق66.9m | 7.9x | 195.5x | 1.2x |
| Sat, 14 Sep 2024 | ر.ق12.7b | ر.ق12.0b | -ر.ق13,171,577.00 | 8.1x | -961.5x | 1.1x |
| Mon, 12 Aug 2024 | ر.ق12.0b | ر.ق11.9b | -ر.ق32,702,714.00 | 7.7x | -368.4x | 1x |
| Wed, 10 Jul 2024 | ر.ق12.3b | ر.ق11.8b | -ر.ق74,551,737.00 | 7.9x | -165.1x | 1x |
| Fri, 07 Jun 2024 | ر.ق12.2b | ر.ق11.8b | -ر.ق74,551,737.00 | 7.9x | -163.1x | 1x |
| Sun, 05 May 2024 | ر.ق12.7b | ر.ق11.8b | -ر.ق75,409,591.00 | 8.2x | -168.1x | 1.1x |
| Tue, 02 Apr 2024 | ر.ق12.9b | ر.ق11.4b | -ر.ق20,121,652.00 | 8.2x | -638.8x | 1.1x |
| Thu, 29 Feb 2024 | ر.ق13.4b | ر.ق10.9b | ر.ق880.1m | 8.3x | 15.2x | 1.2x |
| Sat, 27 Jan 2024 | ر.ق13.4b | ر.ق10.9b | ر.ق366.1m | 9.8x | 36.6x | 1.2x |
| Mon, 25 Dec 2023 | ر.ق13.8b | ر.ق10.9b | ر.ق366.1m | 9.8x | 37.7x | 1.3x |
| Wed, 22 Nov 2023 | ر.ق13.7b | ر.ق10.9b | ر.ق366.1m | 10x | 37.4x | 1.3x |
| Fri, 20 Oct 2023 | ر.ق14.0b | ر.ق10.9b | ر.ق365.4m | 11x | 38.4x | 1.3x |
| Sun, 17 Sep 2023 | ر.ق13.6b | ر.ق12.0b | ر.ق365.4m | 11.1x | 37.1x | 1.1x |
| Tue, 15 Aug 2023 | ر.ق13.2b | ر.ق11.6b | ر.ق203.8m | 13.2x | 64.9x | 1.1x |
| Thu, 13 Jul 2023 | ر.ق13.3b | ر.ق11.5b | ر.ق175.2m | 12.4x | 76.2x | 1.2x |
| Sat, 10 Jun 2023 | ر.ق13.4b | ر.ق11.5b | ر.ق189.7m | 13x | 70.8x | 1.2x |
| Mon, 08 May 2023 | ر.ق12.0b | ر.ق11.6b | -ر.ق28,310,584.00 | 12.9x | -423.4x | 1x |
| Wed, 05 Apr 2023 | ر.ق11.1b | ر.ق11.6b | ر.ق514.2m | 12.5x | 21.6x | 1x |
| Fri, 03 Mar 2023 | ر.ق11.4b | ر.ق12.5b | ر.ق811.7m | 14.9x | 14x | 0.9x |
| Sun, 29 Jan 2023 | ر.ق12.6b | ر.ق12.2b | ر.ق762.3m | 14.8x | 16.5x | 1x |
| Tue, 27 Dec 2022 | ر.ق12.4b | ر.ق12.2b | ر.ق762.3m | 15.7x | 16.3x | 1x |
| Thu, 24 Nov 2022 | ر.ق12.9b | ر.ق12.2b | ر.ق762.3m | 16x | 16.9x | 1.1x |
| Sat, 22 Oct 2022 | ر.ق14.3b | ر.ق12.4b | ر.ق903.1m | 16.9x | 15.8x | 1.2x |
| Mon, 19 Sep 2022 | ر.ق14.3b | ر.ق12.4b | ر.ق903.1m | 16.9x | 15.9x | 1.2x |
| Wed, 17 Aug 2022 | ر.ق14.6b | ر.ق12.4b | ر.ق903.1m | 17.4x | 16.2x | 1.2x |
| Fri, 15 Jul 2022 | ر.ق14.5b | ر.ق12.3b | ر.ق904.3m | 16.5x | 16x | 1.2x |
| Sun, 12 Jun 2022 | ر.ق15.2b | ر.ق12.3b | ر.ق904.3m | 16.7x | 16.8x | 1.2x |
| Tue, 10 May 2022 | ر.ق14.9b | ر.ق12.3b | ر.ق891.1m | 16.2x | 16.7x | 1.2x |
| Thu, 07 Apr 2022 | ر.ق14.7b | ر.ق12.0b | ر.ق859.6m | 17.3x | 17.1x | 1.2x |
| Sat, 05 Mar 2022 | ر.ق14.9b | ر.ق12.1b | ر.ق895.2m | 16.4x | 16.6x | 1.2x |
| Mon, 31 Jan 2022 | ر.ق15.0b | ر.ق11.8b | ر.ق1.0b | n/a | 14.6x | 1.3x |
| Wed, 29 Dec 2021 | ر.ق14.9b | ر.ق11.8b | ر.ق1.0b | 14.9x | 14.6x | 1.3x |
Price to Earnings Ratio
14.6x
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 109x which is higher than its 3-year average PE of -198x.
- 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 Market | -0.55% | |
| Financials | -0.36% | |
| Insurance | 3.09% | |
| Property and Casualty Insurance | 3.86% | |
| Life and Health Insurance | 1.50% | |
| Insurance Brokers | 0% | |
| Reinsurance | 0% | |
| General Insurance | -0.034% | |
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 13.7x.
- Analysts are expecting annual earnings growth of 4.6%, which is higher than its past year's earnings decline of 9.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Life and Health Insurance industry, expecting annual earnings growth of 4.6% over the next 5 years.
- This is better than its past earnings decline of 9.0% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| QATI Qatar Insurance Company Q.S.P.C | ر.ق2.23 | 6.1% +ر.ق421.3m | -6.9% | PE7.4x | |
| QLMI QLM Life & Medical Insurance Company Q.P.S.C | ر.ق2.10 | 1.5% +ر.ق10.9m | -16.0% | PE9.4x | |
| DOHI Doha Insurance Group Q.P.S.C | ر.ق2.59 | 0.7% +ر.ق9.5m | 10.2% | PE8x | |
| BEMA Damaan Islamic Insurance Company Beema (Q.P.S.C.) | ر.ق3.90 | 0.03% +ر.ق200.0k | 3.9% | PE7.8x |