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Taiwanese (TAIEX) Insurance Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies15
  • 7D-0.5%
  • 3M1.3%
  • 1Y58.0%
  • YTD54.4%

Over the last 7 days, the Insurance industry has remained flat. The past year has been better, since the industry has gained 58% in that time.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021NT$2.4tNT$3.4tNT$379.2b8.1x
Mon, 01 Nov 2021NT$2.3tNT$3.7tNT$354.5b8x
Wed, 29 Sep 2021NT$2.2tNT$3.7tNT$354.6b8x
Fri, 27 Aug 2021NT$2.2tNT$3.7tNT$354.6b7.8x
Sat, 03 Jul 2021NT$2.0tNT$3.7tNT$354.6b7.4x
Tue, 06 Apr 2021NT$1.7tNT$3.7tNT$295.0b7.4x
Fri, 08 Jan 2021NT$1.5tNT$3.7tNT$212.0b8.8x
Thu, 01 Oct 2020NT$1.3tNT$3.9tNT$197.6b8x
Sun, 05 Jul 2020NT$1.4tNT$3.8tNT$174.9b7.3x
Wed, 08 Apr 2020NT$1.2tNT$3.6tNT$199.3b7.4x
Tue, 31 Dec 2019NT$1.5tNT$3.5tNT$177.5b8.4x
Fri, 04 Oct 2019NT$1.4tNT$3.2tNT$138.6b9.4x
Mon, 08 Jul 2019NT$1.5tNT$3.2tNT$120.0b11.3x
Sun, 31 Mar 2019NT$1.5tNT$2.9tNT$109.9b12.5x
Wed, 02 Jan 2019NT$1.5tNT$2.9tNT$128.8b11.2x
PE Ratio

11.2x

Total Market Cap: NT$1.5tTotal Earnings: NT$128.8bTotal Revenue: NT$2.9t0%0%0%3 Year10 Year
20202021

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 9.0x. However, future earnings are expected to decline by 13% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Insurance industry have grown 43% per year over the last three years, and revenues for these companies have grown 4.8% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Taiwanese Insurance industry?

Reinsurance1.59%
General Insurance-0.21%
Property and Casualty Insurance-0.44%
Insurance Brokers-0.53%
Life and Health Insurance-0.53%

Industry PE: Investors are most optimistic about the Insurance Brokers industry, which is trading close to its 3-year average PE ratio of 14.8x. 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, which is trading below its 3-year average of 8.8x.

Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Life and Health Insurance industry since they expect its earnings to decline by only 13% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 76% per year.

Top Stock Gainers and Losers

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

Company7D1YValuation
2881 Fubon Financial Holding-0.4%NT$61.4b80.0%PE6.6x
2851 Central Reinsurance1.6%+NT$265.7m29.1%PE9.8x
2823 China Life Insurance0.2%+NT$246.0m43.9%PE5.7x
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