Has the Saudi Arabian Insurance Industry valuation changed over the past few years?
|Wed, 01 Dec 2021||ر.س54.9b||ر.س34.0b||ر.س575.4m||31.4x|
|Fri, 29 Oct 2021||ر.س57.4b||ر.س33.5b||ر.س897.6m||47.6x|
|Sun, 26 Sep 2021||ر.س59.9b||ر.س33.5b||ر.س897.6m||49.9x|
|Tue, 24 Aug 2021||ر.س62.1b||ر.س33.5b||ر.س897.6m||50.7x|
|Wed, 30 Jun 2021||ر.س57.5b||ر.س33.5b||ر.س897.6m||54.3x|
|Sat, 03 Apr 2021||ر.س54.2b||ر.س32.7b||ر.س1.5b||31.8x|
|Tue, 05 Jan 2021||ر.س52.0b||ر.س33.4b||ر.س1.4b||26.7x|
|Fri, 09 Oct 2020||ر.س53.5b||ر.س33.4b||ر.س1.6b||30.8x|
|Thu, 02 Jul 2020||ر.س39.4b||ر.س33.3b||ر.س1.6b||24.8x|
|Sun, 05 Apr 2020||ر.س32.9b||ر.س33.5b||ر.س854.0m||34.6x|
|Wed, 08 Jan 2020||ر.س38.7b||ر.س32.8b||ر.س893.1m||29.5x|
|Tue, 01 Oct 2019||ر.س37.3b||ر.س32.2b||ر.س128.6m||23.1x|
|Fri, 05 Jul 2019||ر.س36.6b||ر.س31.8b||ر.س90.0m||17.2x|
|Mon, 08 Apr 2019||ر.س34.6b||ر.س31.3b||ر.س268.9m||20.1x|
|Thu, 10 Jan 2019||ر.س35.0b||ر.س31.0b||ر.س235.1m||20.9x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 29.8x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Insurance industry have grown 27% per year over the last three years, and revenues for these companies have grown 2.9% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Saudi Arabian Insurance industry?
|Life and Health Insurance||4.55%|
|Property and Casualty Insurance||2.58%|
Industry PE: Investors are most optimistic about the Property and Casualty Insurance industry, which is trading close to its 3-year average PE ratio of 75.7x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Life and Health Insurance industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 21.3x.
Forecasted Growth: Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 27% over the next 5 years. This is better than its past earnings decline of 15% per year. Meanwhile, the Life and Health Insurance industry is expected to see its earnings grow by 16% per year over the next few years.
Which companies have driven the market over the last 7 days?
|8210 Bupa Arabia for Cooperative Insurance||4.5%+ر.س717.3m||13.5%||PE24.5x|
|8010 Company for Cooperative Insurance||2.2%+ر.س212.5m||-4.8%||PE32.1x|
|8310 Amana Cooperative Insurance||25.9%+ر.س104.0m||-43.7%||PS1.9x|
|8311 Saudi Enaya Cooperative Insurance||24.8%+ر.س102.8m||-4.4%||PS3.1x|
|8080 SABB Takaful||5.2%+ر.س49.3m||1.4%||PS6.6x|
Salama Cooperative Insurance
Amana Cooperative Insurance
Saudi Re for Cooperative Reinsurance
Alinma Tokio Marine
Arabia Insurance Cooperative
Arabian Shield Cooperative Insurance
Saudi Enaya Cooperative Insurance
United Cooperative Assurance
Malath Cooperative Insurance
AXA Cooperative Insurance
Bupa Arabia for Cooperative Insurance
Al-Etihad Cooperative Insurance
Company for Cooperative Insurance