Some Confidence Is Lacking In The Company for Cooperative Insurance's (TADAWUL:8010) P/E
Apr 14
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Saudi Arabian (Tadawul) Insurance Industry Analysis
UpdatedApr 27, 2025
DataAggregated Company Financials
Companies27
- 7D0.3%
- 3M-18.3%
- 1Y-18.6%
- YTD-14.1%
The Insurance is pretty flat in the last 7 days, but Saudi Reinsurance has stood out, gaining 4.7%. Unfortunately though, the industry is down 19% over the past 12 months. Earnings are forecast to grow by 7.0% annually.
Industry Valuation and Performance
Has the Saudi Arabian Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 27 Apr 2025 | ر.س89.0b | ر.س62.9b | ر.س3.8b | 21.5x | 23.7x | 1.4x |
| Tue, 25 Mar 2025 | ر.س90.7b | ر.س62.8b | ر.س4.0b | 19.7x | 22.6x | 1.4x |
| Thu, 20 Feb 2025 | ر.س101.6b | ر.س62.2b | ر.س4.1b | 21.3x | 24.7x | 1.6x |
| Sat, 18 Jan 2025 | ر.س104.4b | ر.س61.5b | ر.س4.2b | 19.2x | 24.9x | 1.7x |
| Mon, 16 Dec 2024 | ر.س98.0b | ر.س61.6b | ر.س4.2b | 18x | 23.1x | 1.6x |
| Wed, 13 Nov 2024 | ر.س93.0b | ر.س60.8b | ر.س4.2b | 20.1x | 22.1x | 1.5x |
| Fri, 11 Oct 2024 | ر.س95.6b | ر.س59.0b | ر.س3.8b | 22.6x | 24.9x | 1.6x |
| Sun, 08 Sep 2024 | ر.س106.6b | ر.س59.0b | ر.س3.8b | 25.2x | 27.8x | 1.8x |
| Tue, 06 Aug 2024 | ر.س102.5b | ر.س57.9b | ر.س3.6b | 20.5x | 28.1x | 1.8x |
| Thu, 04 Jul 2024 | ر.س104.6b | ر.س57.1b | ر.س3.7b | 22.3x | 28.3x | 1.8x |
| Sat, 01 Jun 2024 | ر.س92.8b | ر.س56.3b | ر.س3.6b | 22.2x | 25.9x | 1.6x |
| Mon, 29 Apr 2024 | ر.س98.8b | ر.س54.4b | ر.س3.3b | 24.2x | 30.3x | 1.8x |
| Wed, 27 Mar 2024 | ر.س97.4b | ر.س52.9b | ر.س3.0b | 22.1x | 32.6x | 1.8x |
| Fri, 23 Feb 2024 | ر.س86.3b | ر.س51.7b | ر.س3.2b | 17.1x | 26.9x | 1.7x |
| Sun, 21 Jan 2024 | ر.س79.9b | ر.س52.1b | ر.س3.2b | 19.2x | 24.8x | 1.5x |
| Tue, 19 Dec 2023 | ر.س76.7b | ر.س52.1b | ر.س3.2b | 16.8x | 23.8x | 1.5x |
| Thu, 16 Nov 2023 | ر.س73.2b | ر.س52.2b | ر.س3.0b | 18.4x | 24.2x | 1.4x |
| Sat, 14 Oct 2023 | ر.س73.2b | ر.س49.2b | ر.س2.6b | 20.2x | 28.4x | 1.5x |
| Mon, 11 Sep 2023 | ر.س75.0b | ر.س49.3b | ر.س2.6b | 23.7x | 29.4x | 1.5x |
| Wed, 09 Aug 2023 | ر.س68.6b | ر.س46.0b | ر.س1.4b | 33.2x | 48.6x | 1.5x |
| Fri, 07 Jul 2023 | ر.س72.1b | ر.س45.2b | ر.س1.0b | 40.5x | 69.8x | 1.6x |
| Sun, 04 Jun 2023 | ر.س63.6b | ر.س42.6b | ر.س746.4m | 40.9x | 85.3x | 1.5x |
| Tue, 02 May 2023 | ر.س60.2b | ر.س42.6b | ر.س746.4m | 38.1x | 80.7x | 1.4x |
| Thu, 30 Mar 2023 | ر.س58.2b | ر.س41.2b | ر.س207.4m | 38.5x | 280.8x | 1.4x |
| Sat, 25 Feb 2023 | ر.س54.4b | ر.س39.9b | -ر.س4,702,647.00 | 38.2x | -11559.9x | 1.4x |
| Mon, 23 Jan 2023 | ر.س50.5b | ر.س39.9b | -ر.س4,702,647.00 | 35.3x | -10732.9x | 1.3x |
| Wed, 21 Dec 2022 | ر.س48.4b | ر.س39.9b | -ر.س4,702,647.00 | 33.5x | -10286.8x | 1.2x |
| Fri, 18 Nov 2022 | ر.س50.4b | ر.س39.6b | -ر.س91,130,599.00 | 33.9x | -553.5x | 1.3x |
| Sun, 16 Oct 2022 | ر.س51.2b | ر.س37.6b | -ر.س448,567,685.00 | 70.2x | -114.1x | 1.4x |
| Tue, 13 Sep 2022 | ر.س50.6b | ر.س37.6b | -ر.س448,567,685.00 | 71.5x | -112.8x | 1.3x |
| Thu, 11 Aug 2022 | ر.س47.8b | ر.س35.9b | -ر.س324,410,890.00 | 40.8x | -147.3x | 1.3x |
| Sat, 09 Jul 2022 | ر.س46.9b | ر.س35.9b | -ر.س324,410,890.00 | 37.8x | -144.5x | 1.3x |
| Mon, 06 Jun 2022 | ر.س50.0b | ر.س35.9b | -ر.س324,410,890.00 | 40.4x | -154.1x | 1.4x |
| Wed, 04 May 2022 | ر.س52.8b | ر.س35.0b | -ر.س82,770,259.00 | 35.8x | -637.7x | 1.5x |
Price to Earnings Ratio
-637.7x
Current Industry PE
- Investors are pessimistic on the Saudi 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 23.7x which is higher than its 3-year average PE of -1kx.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- Total earnings for the Insurance industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 22% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Financials industry?
| SA Market | 1.60% | |
| Financials | 2.39% | |
| Insurance | 0.35% | |
| Reinsurance | 4.67% | |
| Property and Casualty Insurance | 1.68% | |
| General Insurance | 1.00% | |
| Insurance Brokers | 0% | 0 |
| Life and Health Insurance | -0.56% | |
Industry PE
- Investors are most optimistic about the General Insurance industry even though it's trading below its 3-year average PE ratio of 31.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Life and Health Insurance industry, expecting annual earnings growth of 7.0% over the next 5 years.
- However this is lower than its past earnings growth rate of 24% per year.
- In contrast, the Life and Health Insurance industry is expected to see its earnings grow by 7.0% per year 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 | |
|---|---|---|---|---|---|
| 8200 Saudi Reinsurance | ر.س43.75 | 4.7% +ر.س225.9m | 68.3% | PE10.7x | |
| 8240 Chubb Arabia Cooperative Insurance | ر.س42.70 | 6.0% +ر.س72.0m | 8.5% | PE78.6x | |
| 8230 Al Rajhi Company for Cooperative Insurance | ر.س134.40 | 0.4% +ر.س60.0m | -1.2% | PE40.4x | |
| 8030 Mediterranean and Gulf Cooperative Insurance and Reinsurance | ر.س22.28 | 1.5% +ر.س33.6m | -16.6% | PE22.9x | |
| 8300 Wataniya Insurance | ر.س20.96 | 4.0% +ر.س32.0m | -32.3% | PE8.1x |