Narrative Update • Jul 24

In the last week, the Life and Health Insurance industry is up 2.6%, with all of the companies up. This means that the industry has gained 61% over the past year. 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 |
|---|---|---|---|---|---|---|
| Sun, 26 Jul 2026 | NT$3.8t | NT$3.0t | NT$369.3b | 11x | 10.3x | 1.3x |
| Tue, 23 Jun 2026 | NT$4.2t | NT$3.0t | NT$369.3b | 11.6x | 11.4x | 1.4x |
| Thu, 21 May 2026 | NT$2.9t | NT$2.8t | NT$249.6b | 12.4x | 11.7x | 1x |
| Sat, 18 Apr 2026 | NT$2.8t | NT$2.9t | NT$256.9b | 11.3x | 10.8x | 1x |
| Mon, 16 Mar 2026 | NT$2.7t | NT$2.5t | NT$231.1b | 12.4x | 11.6x | 1.1x |
| Wed, 11 Feb 2026 | NT$2.8t | NT$2.7t | NT$222.7b | 14.3x | 12.8x | 1.1x |
| Fri, 09 Jan 2026 | NT$2.8t | NT$2.7t | NT$222.7b | 13.7x | 12.7x | 1.1x |
| Sun, 07 Dec 2025 | NT$2.7t | NT$2.6t | NT$222.7b | 12.4x | 11.9x | 1x |
| Tue, 04 Nov 2025 | NT$2.6t | NT$2.9t | NT$214.6b | 12.8x | 12.1x | 0.9x |
| Thu, 02 Oct 2025 | NT$2.5t | NT$2.9t | NT$214.6b | 12.4x | 11.8x | 0.9x |
| Sat, 30 Aug 2025 | NT$2.4t | NT$2.1t | NT$219.1b | 10.5x | 11x | 1.1x |
| Mon, 28 Jul 2025 | NT$2.4t | NT$2.3t | NT$296.9b | 8.5x | 8.1x | 1.1x |
| Wed, 25 Jun 2025 | NT$2.7t | NT$2.5t | NT$301.6b | 9.3x | 9x | 1.1x |
| Fri, 23 May 2025 | NT$2.7t | NT$2.4t | NT$295.4b | 9.1x | 9.1x | 1.1x |
| Sun, 20 Apr 2025 | NT$2.4t | NT$2.3t | NT$313.0b | 7.7x | 7.7x | 1x |
| Tue, 18 Mar 2025 | NT$2.6t | NT$2.3t | NT$258.8b | 9.2x | 10x | 1.1x |
| Thu, 13 Feb 2025 | NT$2.9t | NT$2.9t | NT$249.3b | 11x | 11.7x | 1x |
| Sat, 11 Jan 2025 | NT$2.8t | NT$2.6t | NT$249.3b | 10.6x | 11.2x | 1.1x |
| Mon, 09 Dec 2024 | NT$2.9t | NT$2.6t | NT$249.3b | 11.1x | 11.5x | 1.1x |
| Wed, 06 Nov 2024 | NT$2.9t | NT$2.1t | NT$240.0b | 12.5x | 12x | 1.4x |
| Fri, 04 Oct 2024 | NT$2.8t | NT$2.1t | NT$240.0b | 12x | 11.6x | 1.3x |
| Sun, 01 Sep 2024 | NT$2.7t | NT$2.2t | NT$245.2b | 10.8x | 11x | 1.2x |
| Tue, 30 Jul 2024 | NT$2.6t | NT$2.0t | NT$183.8b | 12.3x | 14.1x | 1.3x |
| Thu, 27 Jun 2024 | NT$2.4t | NT$2.0t | NT$183.8b | 11.8x | 13.2x | 1.2x |
| Sat, 25 May 2024 | NT$2.2t | NT$2.2t | NT$124.1b | 13.1x | 17.9x | 1x |
| Mon, 22 Apr 2024 | NT$2.0t | NT$2.2t | NT$111.4b | 12.6x | 17.5x | 0.9x |
| Wed, 20 Mar 2024 | NT$2.0t | NT$2.2t | NT$111.4b | 13.5x | 18.2x | 0.9x |
| Fri, 16 Feb 2024 | NT$1.8t | NT$1.9t | NT$43.1b | 16.4x | 41.4x | 0.9x |
| Sun, 14 Jan 2024 | NT$1.8t | NT$1.9t | NT$43.1b | 16.6x | 41.4x | 0.9x |
| Tue, 12 Dec 2023 | NT$1.8t | NT$1.9t | NT$43.1b | 16.7x | 41x | 0.9x |
| Thu, 09 Nov 2023 | NT$1.9t | NT$1.8t | NT$23.6b | 37.4x | 82.5x | 1.1x |
| Sat, 07 Oct 2023 | NT$1.8t | NT$1.8t | NT$23.6b | 37x | 78.2x | 1x |
| Mon, 04 Sep 2023 | NT$1.9t | NT$1.4t | NT$27.2b | 38.7x | 70.2x | 1.3x |
| Wed, 02 Aug 2023 | NT$2.0t | NT$1.7t | NT$5.4b | 47.6x | 359.5x | 1.1x |
359.5x
How does Taiwanese Life and Health Insurance compare with similar industries?
| TW Market | 2.11% | |
| Financials | 0.99% | |
| Insurance | 2.52% | |
| Life and Health Insurance | 2.59% | |
| General Insurance | 1.91% | |
| Property and Casualty Insurance | 1.12% | |
| Insurance Brokers | -0.13% | |
| Reinsurance | -2.08% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2881 Fubon Financial Holding | NT$127.50 | 2.4% +NT$42.0b | 56.7% | PE9.9x | |
| 2882 Cathay Financial Holding | NT$97.00 | 2.9% +NT$39.6b | 55.0% | PE10x | |
| 2883 KGI Financial Holding | NT$30.65 | 2.2% +NT$11.0b | 102.3% | PE11x | |
| 2867 Mercuries Life Insurance | NT$9.28 | 3.3% +NT$1.8b | 84.5% | PE45.4x | |
| 2905 Mercuries & Associates Holding | NT$16.10 | 5.9% +NT$948.0m | 32.5% | PE21.3x |