Why We're Not Concerned About Rasan Information Technology Company's (TADAWUL:8313) Share Price
Sep 14
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Saudi Arabian (Tadawul) Insurance Brokers Industry Analysis
UpdatedSep 14, 2024
DataAggregated Company Financials
Companies1
- 7Dn/a
- 3Mn/a
- 1Yn/a
- YTDn/a
Industry Valuation and Performance
Has the Saudi Arabian Insurance Brokers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 14 Sep 2024 | ر.س4.3b | ر.س242.6m | ر.س35.2m | 123.3x | 123.3x | 17.9x |
| Mon, 12 Aug 2024 | ر.س3.9b | ر.س242.6m | ر.س35.2m | 113.8x | 111.9x | 16.2x |
| Wed, 10 Jul 2024 | ر.س4.5b | ر.س242.6m | ر.س35.2m | 128.1x | 128.3x | 18.6x |
Price to Earnings Ratio
103.5x
Current Industry PE
- There is only one company in the Saudi Insurance Brokers industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Both revenue and earnings for companies in the Insurance Brokers industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Comparison
How does Saudi Arabian Insurance Brokers compare with similar industries?
| SA Market | -1.88% | |
| Financials | -2.52% | |
| Insurance | -2.18% | |
| Insurance Brokers | 0% | |
| Reinsurance | 1.24% | |
| Property and Casualty Insurance | 0.46% | |
| General Insurance | -2.55% | |
| Life and Health Insurance | -3.05% | |
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 | |
|---|---|---|---|---|---|
| 8313 Rasan Information Technology | ر.س57.30 | 7.9% +ر.س318.4m | n/a | PE123.3x |