South African (JSE) Life and Health Insurance Industry Analysis

UpdatedDec 21, 2024

DataAggregated Company Financials

Companies5

7D-3.1%
3M4.2%
1Y25.3%
YTDn/a

Over the last 7 days, the Life and Health Insurance industry has dropped 2.6%, driven by declines from every company within the industry. In the past year, the industry has gained 27%. As for the next few years, earnings are expected to grow by 7.7% per annum.

Industry Valuation and Performance

Has the South African Life and Health Insurance Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 21 Dec 2024	R405.7b	R421.0b	R35.9b	10.8x	11.3x	1x
Mon, 18 Nov 2024	R407.5b	R421.0b	R35.9b	10.9x	11.4x	1x
Wed, 16 Oct 2024	R398.8b	R421.0b	R35.9b	11x	11.1x	0.9x
Fri, 13 Sep 2024	R377.9b	R503.2b	R33.8b	9.7x	11.2x	0.8x
Sun, 11 Aug 2024	R347.6b	R516.2b	R28.7b	8.7x	12.1x	0.7x
Tue, 09 Jul 2024	R348.8b	R516.2b	R28.7b	8.6x	12.1x	0.7x
Thu, 06 Jun 2024	R297.7b	R516.2b	R28.7b	8.6x	10.4x	0.6x
Sat, 04 May 2024	R298.4b	R516.2b	R28.7b	8.9x	10.4x	0.6x
Mon, 01 Apr 2024	R305.0b	R516.2b	R28.7b	8.6x	10.6x	0.6x
Wed, 28 Feb 2024	R327.4b	R505.1b	R28.1b	8.3x	11.6x	0.6x
Fri, 26 Jan 2024	R327.0b	R505.1b	R28.1b	8x	11.6x	0.6x
Sun, 24 Dec 2023	R329.2b	R505.1b	R28.1b	7.7x	11.7x	0.7x
Tue, 21 Nov 2023	R324.8b	R505.1b	R28.1b	7.7x	11.6x	0.6x
Thu, 19 Oct 2023	R312.1b	R505.1b	R28.1b	7.5x	11.1x	0.6x
Sat, 16 Sep 2023	R328.6b	R476.5b	R28.5b	8.3x	11.5x	0.7x
Mon, 14 Aug 2023	R331.0b	R330.8b	R29.4b	8.1x	11.3x	1x
Wed, 12 Jul 2023	R359.8b	R354.1b	R31.7b	9.8x	11.4x	1x
Fri, 09 Jun 2023	R345.7b	R354.1b	R31.7b	8.8x	10.9x	1x
Sun, 07 May 2023	R336.4b	R354.1b	R31.7b	8.8x	10.6x	0.9x
Tue, 04 Apr 2023	R348.6b	R361.2b	R31.7b	9.2x	11x	1x
Thu, 02 Mar 2023	R365.5b	R432.8b	R30.8b	9.1x	11.9x	0.8x
Sat, 28 Jan 2023	R350.6b	R432.8b	R31.1b	9x	11.3x	0.8x
Mon, 26 Dec 2022	R312.9b	R432.8b	R31.1b	8.6x	10.1x	0.7x
Wed, 23 Nov 2022	R324.3b	R432.8b	R31.1b	9x	10.4x	0.7x
Fri, 21 Oct 2022	R297.9b	R432.8b	R31.1b	8.9x	9.6x	0.7x
Sun, 18 Sep 2022	R304.4b	R431.6b	R32.1b	9.7x	9.5x	0.7x
Tue, 16 Aug 2022	R334.9b	R703.8b	R23.6b	16.1x	14.2x	0.5x
Thu, 14 Jul 2022	R314.3b	R703.8b	R23.6b	14.9x	13.3x	0.4x
Sat, 11 Jun 2022	R328.2b	R703.8b	R23.6b	15.6x	13.9x	0.5x
Mon, 09 May 2022	R341.2b	R703.8b	R23.6b	15.8x	14.5x	0.5x
Wed, 06 Apr 2022	R462.1b	R785.1b	R24.6b	25.4x	18.8x	0.6x
Fri, 04 Mar 2022	R438.6b	R695.8b	R23.0b	23.5x	19.1x	0.6x
Sun, 30 Jan 2022	R421.1b	R690.2b	R21.5b	24.8x	19.6x	0.6x
Tue, 28 Dec 2021	R394.6b	R690.2b	R21.5b	23.3x	18.4x	0.6x

Price to Earnings Ratio

18.4x

Tue, 28 Dec 2021

Current Industry PE

Investors are relatively neutral on the South African Life and Health 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 12.3x.

The industry is trading close to its 3-year average PS ratio of 0.71x.

Past Earnings Growth

The earnings for companies in the Life and Health Insurance industry have grown 19% per year over the last three years.
Meanwhile revenues for these companies have declined 15% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does South African Life and Health Insurance compare with similar industries?


ZA Market	-2.74%
Financials	-2.95%
Insurance	-2.47%
Life and Health Insurance	-3.08%
Insurance Brokers	0%
General Insurance	0%
Reinsurance	0%
Property and Casualty Insurance	-0.76%