Has the Taiwanese Insurance Industry valuation changed over the past few years?
|Sat, 04 Dec 2021||NT$2.4t||NT$3.4t||NT$379.2b||8.1x|
|Mon, 01 Nov 2021||NT$2.3t||NT$3.7t||NT$354.5b||8x|
|Wed, 29 Sep 2021||NT$2.2t||NT$3.7t||NT$354.6b||8x|
|Fri, 27 Aug 2021||NT$2.2t||NT$3.7t||NT$354.6b||7.8x|
|Sat, 03 Jul 2021||NT$2.0t||NT$3.7t||NT$354.6b||7.4x|
|Tue, 06 Apr 2021||NT$1.7t||NT$3.7t||NT$295.0b||7.4x|
|Fri, 08 Jan 2021||NT$1.5t||NT$3.7t||NT$212.0b||8.8x|
|Thu, 01 Oct 2020||NT$1.3t||NT$3.9t||NT$197.6b||8x|
|Sun, 05 Jul 2020||NT$1.4t||NT$3.8t||NT$174.9b||7.3x|
|Wed, 08 Apr 2020||NT$1.2t||NT$3.6t||NT$199.3b||7.4x|
|Tue, 31 Dec 2019||NT$1.5t||NT$3.5t||NT$177.5b||8.4x|
|Fri, 04 Oct 2019||NT$1.4t||NT$3.2t||NT$138.6b||9.4x|
|Mon, 08 Jul 2019||NT$1.5t||NT$3.2t||NT$120.0b||11.3x|
|Sun, 31 Mar 2019||NT$1.5t||NT$2.9t||NT$109.9b||12.5x|
|Wed, 02 Jan 2019||NT$1.5t||NT$2.9t||NT$128.8b||11.2x|
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.
Which industries have driven the changes within the Taiwanese Insurance industry?
|Property and Casualty Insurance||-0.44%|
|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.
Fubon Financial Holding
Shin Kong Financial Holding
Cathay Financial Holding
Mercuries & Associates Holding
Mercuries Life Insurance
Taiming Assurance BrokerLtd
China Life Insurance
Farglory Life Insurance