Narrative Update • Jul 10

In the last week, Life and Health Insurance has been flat. As for the the longer term, the industry is up 57% over the past 12 months. As for the next few years, earnings are forecast to decline by 3.9% per annum.
Has the Taiwanese Life and Health Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 15 Jul 2026 | NT$3.7t | NT$3.0t | NT$369.3b | 10.6x | 10.2x | 1.3x |
| Fri, 12 Jun 2026 | NT$3.8t | NT$3.0t | NT$369.3b | 10.4x | 10.3x | 1.3x |
| Sun, 10 May 2026 | NT$3.0t | NT$2.9t | NT$256.9b | 12.4x | 11.7x | 1.1x |
| Tue, 07 Apr 2026 | NT$2.7t | NT$2.9t | NT$256.9b | 11x | 10.5x | 0.9x |
| Thu, 05 Mar 2026 | NT$2.7t | NT$2.7t | NT$222.7b | 14.2x | 12.2x | 1x |
| Sat, 31 Jan 2026 | NT$2.7t | NT$2.7t | NT$222.7b | 13.7x | 12.3x | 1x |
| Mon, 29 Dec 2025 | NT$2.8t | NT$2.7t | NT$222.7b | 13.4x | 12.6x | 1.1x |
| Wed, 26 Nov 2025 | NT$2.6t | NT$2.9t | NT$224.3b | 12.7x | 11.7x | 0.9x |
| Fri, 24 Oct 2025 | NT$2.6t | NT$2.9t | NT$214.6b | 13x | 12.2x | 0.9x |
| Sun, 21 Sep 2025 | NT$2.5t | NT$2.9t | NT$218.3b | 12.6x | 11.5x | 0.9x |
| Tue, 19 Aug 2025 | NT$2.5t | NT$2.3t | NT$291.3b | 8.3x | 8.7x | 1.1x |
| Thu, 17 Jul 2025 | NT$2.6t | NT$2.5t | NT$301.6b | 8.9x | 8.8x | 1x |
| Sat, 14 Jun 2025 | NT$2.8t | NT$2.5t | NT$301.6b | 9.6x | 9.2x | 1.1x |
| Mon, 12 May 2025 | NT$2.4t | NT$2.3t | NT$313.0b | 8.3x | 7.8x | 1x |
| Wed, 09 Apr 2025 | NT$2.4t | NT$2.3t | NT$313.0b | 7.6x | 7.6x | 1x |
| Fri, 07 Mar 2025 | NT$2.7t | NT$2.5t | NT$236.3b | 11x | 11.4x | 1.1x |
| Sun, 02 Feb 2025 | NT$2.9t | NT$2.6t | NT$249.3b | 10.9x | 11.5x | 1.1x |
| Tue, 31 Dec 2024 | NT$2.9t | NT$2.6t | NT$249.3b | 10.8x | 11.5x | 1.1x |
| Thu, 28 Nov 2024 | NT$2.8t | NT$2.1t | NT$236.5b | 10.5x | 11.8x | 1.3x |
| Sat, 26 Oct 2024 | NT$3.0t | NT$2.1t | NT$240.0b | 12.4x | 12.5x | 1.5x |
| Mon, 23 Sep 2024 | NT$2.7t | NT$2.1t | NT$240.0b | 11.1x | 11.4x | 1.3x |
| Wed, 21 Aug 2024 | NT$2.6t | NT$2.0t | NT$190.6b | 14.6x | 13.8x | 1.3x |
| Fri, 19 Jul 2024 | NT$2.7t | NT$2.0t | NT$183.8b | 12.7x | 14.5x | 1.4x |
| Sun, 16 Jun 2024 | NT$2.4t | NT$2.0t | NT$183.8b | 11.9x | 12.8x | 1.2x |
| Tue, 14 May 2024 | NT$2.2t | NT$2.2t | NT$111.4b | 14.3x | 19.8x | 1x |
| Thu, 11 Apr 2024 | NT$2.0t | NT$2.2t | NT$111.4b | 13.4x | 18.3x | 0.9x |
| Sat, 09 Mar 2024 | NT$1.9t | NT$2.0t | NT$44.7b | 16.9x | 41.5x | 0.9x |
| Mon, 05 Feb 2024 | NT$1.8t | NT$1.9t | NT$43.1b | 16.4x | 41.3x | 0.9x |
| Wed, 03 Jan 2024 | NT$1.8t | NT$1.9t | NT$43.1b | 17x | 42x | 0.9x |
| Fri, 01 Dec 2023 | NT$1.8t | NT$1.7t | NT$31.0b | 17.3x | 58.7x | 1x |
| Sun, 29 Oct 2023 | NT$1.9t | NT$1.8t | NT$23.6b | 36.7x | 80.8x | 1.1x |
| Tue, 26 Sep 2023 | NT$1.9t | NT$1.8t | NT$23.6b | 37.3x | 79.1x | 1x |
| Thu, 24 Aug 2023 | NT$1.8t | NT$1.7t | NT$8.0b | 44.8x | 231.4x | 1.1x |
| Sat, 22 Jul 2023 | NT$1.9t | NT$1.7t | NT$5.4b | 45.3x | 340.6x | 1.1x |
340.6x
How does Taiwanese Life and Health Insurance compare with similar industries?
| TW Market | -1.74% | |
| Financials | -1.24% | |
| Insurance | 0.11% | |
| Life and Health Insurance | 0.14% | |
| General Insurance | 0.63% | |
| Property and Casualty Insurance | -0.42% | |
| Insurance Brokers | -1.53% | |
| Reinsurance | -2.21% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2881 Fubon Financial Holding | NT$128.50 | 2.0% +NT$35.0b | 56.1% | PE10x | |
| 2905 Mercuries & Associates Holding | NT$15.60 | 1.6% +NT$263.3m | 26.3% | PE20.6x |