Vietnamese (HOSE) Insurance Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies9
- 7D1.9%
- 3M-8.0%
- 1Y-8.2%
- YTD-7.3%
The Insurance industry has stayed flat over the last week. Unfortunately though, the industry is down 6.2% over the past 12 months.
Industry Valuation and Performance
Has the Vietnamese Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | ₫61.3t | ₫80.0t | ₫4.1t | 10.5x | 14.9x | 0.8x |
| Thu, 02 Nov 2023 | ₫58.9t | ₫79.8t | ₫3.9t | 10.2x | 15x | 0.7x |
| Sat, 30 Sep 2023 | ₫62.6t | ₫79.4t | ₫3.9t | 11.1x | 16.2x | 0.8x |
| Mon, 28 Aug 2023 | ₫65.6t | ₫79.3t | ₫3.8t | 11.8x | 17x | 0.8x |
| Wed, 26 Jul 2023 | ₫67.6t | ₫78.0t | ₫3.4t | 14x | 19.8x | 0.9x |
| Fri, 23 Jun 2023 | ₫64.4t | ₫78.5t | ₫3.3t | 14.3x | 19.4x | 0.8x |
| Sun, 21 May 2023 | ₫64.4t | ₫78.4t | ₫3.3t | 14.6x | 19.5x | 0.8x |
| Tue, 18 Apr 2023 | ₫65.5t | ₫76.6t | ₫3.1t | 14.2x | 21.3x | 0.9x |
| Thu, 16 Mar 2023 | ₫66.3t | ₫76.4t | ₫3.2t | 11.9x | 20.6x | 0.9x |
| Sat, 11 Feb 2023 | ₫68.0t | ₫76.7t | ₫3.2t | 12.9x | 21.6x | 0.9x |
| Mon, 09 Jan 2023 | ₫66.0t | ₫74.8t | ₫3.1t | 13.9x | 21.1x | 0.9x |
| Wed, 07 Dec 2022 | ₫64.0t | ₫74.8t | ₫3.1t | 14.3x | 20.5x | 0.9x |
| Fri, 04 Nov 2022 | ₫66.4t | ₫73.0t | ₫3.5t | 12.5x | 18.9x | 0.9x |
| Sun, 02 Oct 2022 | ₫71.6t | ₫72.3t | ₫3.6t | 12.9x | 19.6x | 1x |
| Tue, 30 Aug 2022 | ₫77.4t | ₫72.3t | ₫3.6t | 14.2x | 21.3x | 1.1x |
| Thu, 28 Jul 2022 | ₫76.2t | ₫71.0t | ₫4.0t | 14.7x | 18.9x | 1.1x |
| Sat, 25 Jun 2022 | ₫76.0t | ₫70.7t | ₫4.1t | 13.9x | 18.5x | 1.1x |
| Mon, 23 May 2022 | ₫71.5t | ₫70.9t | ₫4.1t | 13.3x | 17.3x | 1x |
| Wed, 20 Apr 2022 | ₫89.1t | ₫69.2t | ₫4.2t | 15.5x | 21.4x | 1.3x |
| Fri, 18 Mar 2022 | ₫78.9t | ₫69.7t | ₫4.3t | 14.1x | 18.5x | 1.1x |
| Sun, 13 Feb 2022 | ₫76.5t | ₫69.6t | ₫4.3t | 14.4x | 17.9x | 1.1x |
| Tue, 11 Jan 2022 | ₫76.4t | ₫68.9t | ₫4.2t | 13.6x | 18.3x | 1.1x |
| Thu, 09 Dec 2021 | ₫77.8t | ₫68.9t | ₫4.2t | 13.2x | 18.6x | 1.1x |
| Sat, 06 Nov 2021 | ₫85.2t | ₫68.8t | ₫4.2t | 12.7x | 20.4x | 1.2x |
| Mon, 04 Oct 2021 | ₫77.4t | ₫68.5t | ₫3.9t | 14.4x | 20x | 1.1x |
| Wed, 01 Sep 2021 | ₫73.5t | ₫68.4t | ₫3.8t | 13.2x | 19.1x | 1.1x |
| Thu, 08 Jul 2021 | ₫70.7t | ₫68.4t | ₫3.8t | 12x | 18.4x | 1x |
| Wed, 31 Mar 2021 | ₫67.1t | ₫67.5t | ₫4.0t | 9.6x | 16.6x | 1x |
| Sat, 02 Jan 2021 | ₫69.4t | ₫66.1t | ₫3.4t | 10.5x | 20.2x | 1x |
Price to Earnings Ratio
20.2x
Current Industry PE
- Investors are pessimistic on the Vietnamese 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 14.7x which is lower than its 3-year average PE of 18.9x.
- The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 7.2% 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 Vietnamese Financials industry?
| VN Market | 2.94% | |
| Financials | 2.50% | |
| Insurance | 1.91% | |
| Life and Health Insurance | 2.96% | |
| Reinsurance | 1.85% | |
| Property and Casualty Insurance | 0.78% | |
| General Insurance | 0.67% | |
| Insurance Brokers | 0% | |
Industry PE
- Investors are most optimistic about the Life and Health Insurance industry even though it's trading below its 3-year average PE ratio of 22.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the General Insurance industry, which is trading below its 3-year average of 13.2x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PTI Post & Telecommunication Insurance | ₫53.60k | 7.2% +₫289.4b | 103.0% | PE34.5x | |
| PRE Hanoi Reinsurance JSC | ₫18.00k | 9.1% +₫156.6b | -3.2% | n/a | |
| BVH Bao Viet Holdings | ₫39.80k | 0.5% +₫148.5b | -17.1% | PE17.4x | |
| VNR Vietnam National Reinsurance | ₫23.60k | 1.7% +₫66.3b | 25.4% | PE8.1x | |
| BIC Bank for Investment and Development of Vietnam Insurance | ₫25.80k | 1.8% +₫52.8b | -4.3% | PE10.2x |