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South African (JSE) Life and Health Insurance Industry Analysis

UpdatedJun 10, 2026
DataAggregated Company Financials
Companies5
  • 7D3.6%
  • 3M0.4%
  • 1Y9.3%
  • YTDn/a

All of the companies in the Life and Health Insurance industry have been up over the last week, with the industry up 3.6%. In the last 12 months, the industry was up 9.3%. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 10 Jun 2026R477.0bR522.1bR41.8b10.7x11.4x0.9x
Fri, 08 May 2026R478.7bR522.1bR41.8b10.7x11.5x0.9x
Sun, 05 Apr 2026R468.4bR522.1bR41.8b9.2x11.2x0.9x
Tue, 03 Mar 2026R525.6bR492.5bR42.5b10.8x12.4x1.1x
Thu, 29 Jan 2026R486.7bR492.5bR42.5b10.1x11.5x1x
Sat, 27 Dec 2025R476.4bR492.5bR42.5b9.6x11.2x1x
Mon, 24 Nov 2025R451.7bR492.5bR42.5b8.8x10.6x0.9x
Wed, 22 Oct 2025R442.7bR492.5bR42.5b8.9x10.4x0.9x
Fri, 19 Sep 2025R423.1bR492.8bR42.5b8.9x10x0.9x
Sun, 17 Aug 2025R431.2bR455.1bR40.7b9.1x10.6x0.9x
Tue, 15 Jul 2025R417.7bR455.1bR40.7b8.5x10.3x0.9x
Thu, 12 Jun 2025R438.4bR455.1bR40.7b9.5x10.8x1x
Sat, 10 May 2025R418.0bR455.1bR40.7b9.1x10.3x0.9x
Mon, 07 Apr 2025R357.6bR455.1bR40.7b7.8x8.8x0.8x
Wed, 05 Mar 2025R411.3bR421.0bR35.9b10.6x11.5x1x
Fri, 31 Jan 2025R384.5bR421.0bR35.9b10.3x10.7x0.9x
Sun, 29 Dec 2024R407.1bR421.0bR35.9b10.7x11.3x1x
Tue, 26 Nov 2024R412.7bR421.0bR35.9b11x11.5x1x
Thu, 24 Oct 2024R393.0bR421.0bR35.9b10.9x10.9x0.9x
Sat, 21 Sep 2024R389.0bR490.5bR35.7b9.9x10.9x0.8x
Mon, 19 Aug 2024R368.3bR516.2bR28.7b9.5x12.8x0.7x
Wed, 17 Jul 2024R346.5bR516.2bR28.7b8.6x12.1x0.7x
Fri, 14 Jun 2024R303.1bR516.2bR28.7b8.5x10.5x0.6x
Sun, 12 May 2024R304.6bR516.2bR28.7b8.9x10.6x0.6x
Tue, 09 Apr 2024R294.5bR516.2bR28.7b9x10.2x0.6x
Thu, 07 Mar 2024R334.4bR505.1bR28.1b7.9x11.9x0.7x
Sat, 03 Feb 2024R328.2bR505.1bR28.1b7.8x11.7x0.6x
Mon, 01 Jan 2024R340.8bR505.1bR28.1b8.2x12.1x0.7x
Wed, 29 Nov 2023R320.6bR505.1bR28.1b7.4x11.4x0.6x
Fri, 27 Oct 2023R310.6bR505.1bR28.1b7.6x11x0.6x
Sun, 24 Sep 2023R327.1bR495.6bR28.6b8x11.4x0.7x
Tue, 22 Aug 2023R316.2bR330.8bR29.4b8.1x10.8x1x
Thu, 20 Jul 2023R380.0bR354.1bR31.7b10.5x12x1.1x
Sat, 17 Jun 2023R358.1bR354.1bR31.7b9.9x11.3x1x
Price to Earnings Ratio

11.3x


Total Market Cap: R358.1bTotal Earnings: R31.7bTotal Revenue: R354.1bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Life and Health Insurance Industry Price to Earnings3Y Average 11.1x202420252026
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 11.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.84x.
Past Earnings Growth
  • The earnings for companies in the Life and Health Insurance industry have grown 9.7% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

ZA Market-1.12%
Financials2.38%
Insurance3.52%
Life and Health Insurance3.59%
Property and Casualty Insurance3.33%
Insurance Brokers0%0
General Insurance0%0
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?

CompanyLast Price7D1YValuation
SLM SanlamR85.254.2%
+R7.2b		-4.8%PE11.2x
DSY DiscoveryR276.092.8%
+R5.1b		25.5%PE17.5x
MTM Momentum GroupR38.435.5%
+R2.6b		8.7%PE8.1x
OMU Old MutualR13.253.0%
+R1.6b		8.4%PE6.6x
CLI ClientèleR19.330.2%
+R13.6m		68.1%PE10.7x

Latest News

OMU
R13.25
Old Mutual
7D
3.0%
1Y
8.4%
CLI
R19.33
Clientèle
7D
0.2%
1Y
68.1%
DSY
R276.09
Discovery
7D
2.8%
1Y
25.5%
Narrative Update • Jun 02

DSY: Stable Assumptions And Slight Model Tweaks Will Shape Future Upside Potential

Analysts have nudged their ZAR price target for Discovery slightly higher, from about ZAR299 to roughly ZAR301. This reflects updated views on fair value, the discount rate, and longer term P/E assumptions.
MTM
R38.43
Momentum Group
7D
5.5%
1Y
8.7%
Narrative Update • May 30

MTM: Index Inclusion And Dividend Payout Will Support Future P E Rerating

Analysts have kept their fair value estimate for Momentum Group steady at ZAR44.09, with only slight adjustments to inputs such as discount rate, revenue growth, profit margin and future P/E. This reflects fine tuning of their models rather than a shift in overall view.
SLM
R85.25
Sanlam
7D
4.2%
1Y
-4.8%