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Vietnamese (HOSE) Insurance Industry Analysis

UpdatedDec 07, 2022
DataAggregated Company Financials
Companies9
  • 7D3.6%
  • 3M-16.1%
  • 1Y-18.0%
  • YTD-19.0%

All of the companies in the Insurance industry have been up over the last week, with the industry up 7.8%. However, the industry is down 14% over the past year. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

Has the Vietnamese Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Dec 2022₫64.0t₫74.8t₫3.1t14.3x20.5x0.9x
Fri, 04 Nov 2022₫66.4t₫73.0t₫3.5t12.5x18.9x0.9x
Sun, 02 Oct 2022₫71.6t₫72.3t₫3.6t12.9x19.6x1x
Tue, 30 Aug 2022₫77.4t₫72.3t₫3.6t14.2x21.3x1.1x
Thu, 28 Jul 2022₫76.2t₫71.0t₫4.0t14.7x18.9x1.1x
Sat, 25 Jun 2022₫76.0t₫70.7t₫4.1t13.9x18.5x1.1x
Mon, 23 May 2022₫71.5t₫70.9t₫4.1t13.3x17.3x1x
Wed, 20 Apr 2022₫89.1t₫69.2t₫4.2t15.5x21.4x1.3x
Fri, 18 Mar 2022₫78.9t₫69.7t₫4.3t14.1x18.5x1.1x
Sun, 13 Feb 2022₫76.5t₫69.6t₫4.3t14.4x17.9x1.1x
Tue, 11 Jan 2022₫76.4t₫68.9t₫4.2t13.6x18.3x1.1x
Thu, 09 Dec 2021₫77.8t₫68.9t₫4.2t13.2x18.6x1.1x
Sat, 06 Nov 2021₫85.2t₫68.8t₫4.2t12.7x20.4x1.2x
Mon, 04 Oct 2021₫77.4t₫68.5t₫3.9t14.4x20x1.1x
Wed, 01 Sep 2021₫73.5t₫68.4t₫3.8t13.2x19.1x1.1x
Thu, 08 Jul 2021₫70.7t₫68.4t₫3.8t12x18.4x1x
Wed, 31 Mar 2021₫67.1t₫67.5t₫4.0t9.6x16.6x1x
Sat, 02 Jan 2021₫69.4t₫66.1t₫3.4t10.5x20.2x1x
Tue, 06 Oct 2020₫53.5t₫65.0t₫3.0t10.5x17.7x0.8x
Fri, 10 Jul 2020₫50.4t₫64.4t₫2.8t10.6x17.8x0.8x
Thu, 02 Apr 2020₫43.6t₫63.5t₫2.2t13x19.5x0.7x
Sun, 05 Jan 2020₫69.5t₫62.4t₫2.6t13x26.4x1.1x
Price to Earnings Ratio

26.4x


Total Market Cap: ₫69.5tTotal Earnings: ₫2.6tTotal Revenue: ₫62.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Insurance Industry Price to Earnings3Y Average 19.4x20212022
Current Industry PE
  • Investors are relatively neutral on the Vietnamese Insurance industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 19.4x.
  • 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 5.9% per year over the last three years.
  • Revenues for these companies have grown 6.2% 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 Market1.75%
Financials1.63%
Insurance3.57%
Property and Casualty Insurance7.29%
General Insurance5.00%
Reinsurance4.66%
Life and Health Insurance1.70%
Insurance Brokers0%
Industry PE
  • Investors are most optimistic about the Property and Casualty Insurance industry which is trading above its 3-year average PE ratio of 14.9x.
    • Analysts are expecting annual earnings growth of 22.0%, which is higher than its past year's earnings decline of 16.6% per year.
  • Investors are most pessimistic about the Reinsurance industry, which is trading close to its 3-year average of 13.4x.
Forecasted Growth
  • Analysts are most optimistic on the Property and Casualty Insurance industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Property and Casualty Insurance industry is expected to see its earnings grow by 22% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PGI Petrolimex Insurance₫28.20k18.5%
+₫487.9b
13.3%PE14.2x
PTI Post & Telecommunication Insurance₫26.40k5.6%
+₫112.6b
-39.7%PS0.4x
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Latest News

PGI

₫28,200.00

Petrolimex Insurance

7D

18.5%

1Y

13.3%

BMI

₫21,300.00

Bao Minh Insurance

7D

-2.1%

1Y

-48.4%

BVH

₫48,000.00

Bao Viet Holdings

7D

-0.9%

1Y

-16.8%

VNR

₫20,200.00

Vietnam National Reinsurance

7D

-1.5%

1Y

-33.6%

PVI

₫44,300.00

PVI Holdings

7D

-0.2%

1Y

-7.5%

MIG

₫15,700.00

Military Insurance

7D

-2.2%

1Y

-25.1%