U.S. Property and Casualty Insurance Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies61
- 7D0.2%
- 3M8.3%
- 1Y27.6%
- YTDn/a
Over the last 7 days, the Property and Casualty Insurance industry has remained flat, although notably Progressive gained 3.7%. As for the the longer term, the industry is up 28% over the past 12 months. Earnings are forecast to grow by 9.5% annually.
Industry Valuation and Performance
Has the U.S. Property and Casualty Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | US$591.9b | US$410.8b | US$40.1b | 14x | 14.8x | 1.4x |
| Sun, 17 Mar 2024 | US$604.6b | US$406.3b | US$38.1b | 14.1x | 15.9x | 1.5x |
| Tue, 13 Feb 2024 | US$567.6b | US$402.8b | US$34.5b | 13.4x | 16.5x | 1.4x |
| Thu, 11 Jan 2024 | US$526.6b | US$396.7b | US$28.9b | 13x | 18.2x | 1.3x |
| Sat, 09 Dec 2023 | US$511.7b | US$396.7b | US$28.9b | 12.8x | 17.7x | 1.3x |
| Mon, 06 Nov 2023 | US$493.9b | US$395.4b | US$28.6b | 12.6x | 17.3x | 1.2x |
| Wed, 04 Oct 2023 | US$446.9b | US$360.9b | US$21.5b | 14x | 20.8x | 1.2x |
| Fri, 01 Sep 2023 | US$441.3b | US$361.2b | US$21.3b | 13.9x | 20.7x | 1.2x |
| Sun, 30 Jul 2023 | US$445.6b | US$353.3b | US$19.0b | 19.4x | 23.4x | 1.3x |
| Tue, 27 Jun 2023 | US$420.9b | US$340.2b | US$14.1b | 18.1x | 29.8x | 1.2x |
| Thu, 25 May 2023 | US$420.9b | US$339.7b | US$14.5b | 18.2x | 28.9x | 1.2x |
| Sat, 22 Apr 2023 | US$438.0b | US$330.3b | US$14.3b | 18.5x | 30.7x | 1.3x |
| Mon, 20 Mar 2023 | US$413.1b | US$329.5b | US$14.6b | 16.9x | 28.3x | 1.3x |
| Wed, 15 Feb 2023 | US$463.9b | US$332.2b | US$14.7b | 16.6x | 31.5x | 1.4x |
| Fri, 13 Jan 2023 | US$463.0b | US$327.5b | US$18.7b | 14.3x | 24.8x | 1.4x |
| Sun, 11 Dec 2022 | US$447.3b | US$327.5b | US$18.7b | 13.9x | 23.9x | 1.4x |
| Tue, 08 Nov 2022 | US$442.0b | US$327.8b | US$18.6b | 14.3x | 23.8x | 1.3x |
| Thu, 06 Oct 2022 | US$409.9b | US$324.3b | US$22.7b | 14.1x | 18.1x | 1.3x |
| Sat, 03 Sep 2022 | US$406.6b | US$324.3b | US$22.7b | 13.5x | 17.9x | 1.3x |
| Mon, 01 Aug 2022 | US$406.5b | US$329.3b | US$29.3b | 11.9x | 13.9x | 1.2x |
| Wed, 29 Jun 2022 | US$423.0b | US$331.3b | US$34.9b | 12.2x | 12.1x | 1.3x |
| Fri, 27 May 2022 | US$434.8b | US$331.3b | US$34.9b | 12.1x | 12.5x | 1.3x |
| Sun, 24 Apr 2022 | US$437.0b | US$332.3b | US$39.3b | 11x | 11.1x | 1.3x |
| Tue, 22 Mar 2022 | US$452.5b | US$333.1b | US$40.3b | 11.8x | 11.2x | 1.4x |
| Thu, 17 Feb 2022 | US$434.2b | US$331.7b | US$40.6b | 11.1x | 10.7x | 1.3x |
| Sat, 15 Jan 2022 | US$436.8b | US$330.3b | US$43.3b | 11.4x | 10.1x | 1.3x |
| Mon, 13 Dec 2021 | US$399.5b | US$321.8b | US$41.9b | 11.1x | 9.5x | 1.2x |
| Wed, 10 Nov 2021 | US$414.1b | US$322.2b | US$42.3b | 10.6x | 9.8x | 1.3x |
| Fri, 08 Oct 2021 | US$400.5b | US$315.8b | US$44.5b | 9.5x | 9x | 1.3x |
| Sun, 05 Sep 2021 | US$410.2b | US$316.1b | US$44.4b | 9.8x | 9.2x | 1.3x |
| Tue, 03 Aug 2021 | US$400.0b | US$316.1b | US$44.4b | 9.3x | 9x | 1.3x |
| Fri, 07 May 2021 | US$410.9b | US$305.1b | US$39.6b | 9.4x | 10.4x | 1.3x |
Price to Earnings Ratio
10.4x
Current Industry PE
- Investors are pessimistic on the American Property and Casualty Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 14.8x which is lower than its 3-year average PE of 17.3x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Property and Casualty Insurance industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 10% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does U.S. Property and Casualty Insurance compare with similar industries?
| US Market | -3.65% | |
| Financials | -2.39% | |
| Insurance | -0.066% | |
| Property and Casualty Insurance | 0.19% | |
| Insurance Brokers | -0.067% | |
| Life and Health Insurance | -0.14% | |
| Reinsurance | -0.99% | |
| General Insurance | -1.48% | |
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 | |
|---|---|---|---|---|---|
| PGR Progressive | US$209.75 | 3.7% +US$4.4b | 51.6% | PE21.4x | |
| ALL Allstate | US$169.11 | 2.1% +US$923.2m | 44.1% | PS0.8x | |
| CB Chubb | US$245.39 | 0.4% +US$349.1m | 20.3% | PE11x | |
| HG Hamilton Insurance Group | US$13.92 | 8.4% +US$119.0m | n/a | PE5.9x | |
| WTM White Mountains Insurance Group | US$1.74k | 2.4% +US$104.4m | 14.2% | PE8.8x |
