South African (JSE) Life and Health Insurance Industry Analysis

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
Thu, 21 Nov 2024	R413.0b	R421.0b	R35.9b	11x	11.5x	1x
Sat, 19 Oct 2024	R404.3b	R421.0b	R35.9b	11.3x	11.3x	1x
Mon, 16 Sep 2024	R376.3b	R503.2b	R33.8b	10.7x	11.1x	0.7x
Wed, 14 Aug 2024	R350.4b	R516.2b	R28.7b	8.8x	12.2x	0.7x
Fri, 12 Jul 2024	R349.6b	R516.2b	R28.7b	8.6x	12.2x	0.7x
Sun, 09 Jun 2024	R297.3b	R516.2b	R28.7b	8.2x	10.3x	0.6x
Tue, 07 May 2024	R300.2b	R516.2b	R28.7b	8.8x	10.4x	0.6x
Thu, 04 Apr 2024	R289.7b	R516.2b	R28.7b	8.2x	10.1x	0.6x
Sat, 02 Mar 2024	R333.6b	R505.1b	R28.1b	7.9x	11.9x	0.7x
Mon, 29 Jan 2024	R328.3b	R505.1b	R28.1b	7.9x	11.7x	0.7x
Wed, 27 Dec 2023	R329.2b	R505.1b	R28.1b	7.7x	11.7x	0.7x
Fri, 24 Nov 2023	R322.7b	R505.1b	R28.1b	7.5x	11.5x	0.6x
Sun, 22 Oct 2023	R309.9b	R505.1b	R28.1b	7.8x	11x	0.6x
Tue, 19 Sep 2023	R322.5b	R476.5b	R28.5b	8.1x	11.3x	0.7x
Thu, 17 Aug 2023	R325.3b	R330.8b	R29.4b	8.2x	11.1x	1x
Sat, 15 Jul 2023	R374.9b	R354.1b	R31.7b	10.1x	11.8x	1.1x
Mon, 12 Jun 2023	R348.6b	R354.1b	R31.7b	9x	11x	1x
Wed, 10 May 2023	R334.4b	R354.1b	R31.7b	8.7x	10.6x	0.9x
Fri, 07 Apr 2023	R350.8b	R248.5b	R31.7b	9.1x	11.1x	1.4x
Sun, 05 Mar 2023	R362.8b	R432.8b	R30.8b	9x	11.8x	0.8x
Tue, 31 Jan 2023	R350.9b	R432.8b	R31.1b	9x	11.3x	0.8x
Thu, 29 Dec 2022	R310.7b	R432.8b	R31.1b	8.4x	10x	0.7x
Sat, 26 Nov 2022	R322.4b	R432.8b	R31.1b	9.2x	10.4x	0.7x
Mon, 24 Oct 2022	R294.6b	R432.8b	R31.1b	8.9x	9.5x	0.7x
Wed, 21 Sep 2022	R305.4b	R431.6b	R32.1b	10x	9.5x	0.7x
Fri, 19 Aug 2022	R334.8b	R703.8b	R23.6b	16x	14.2x	0.5x
Sun, 17 Jul 2022	R315.2b	R703.8b	R23.6b	14.9x	13.4x	0.4x
Tue, 14 Jun 2022	R318.8b	R703.8b	R23.6b	15.1x	13.5x	0.5x
Thu, 12 May 2022	R344.0b	R703.8b	R23.6b	16.1x	14.6x	0.5x
Sat, 09 Apr 2022	R454.4b	R785.1b	R24.6b	25.7x	18.5x	0.6x
Mon, 07 Mar 2022	R419.9b	R695.8b	R23.0b	22.6x	18.3x	0.6x
Wed, 02 Feb 2022	R430.8b	R690.2b	R21.5b	25.8x	20x	0.6x
Fri, 31 Dec 2021	R404.8b	R690.2b	R21.5b	23.8x	18.8x	0.6x
Sun, 28 Nov 2021	R361.9b	R690.2b	R21.5b	21x	16.8x	0.5x

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 12.5x.

The industry is trading close to its 3-year average PS ratio of 0.70x.

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	1.70%
Financials	1.61%
Insurance	2.89%
Life and Health Insurance	2.49%
Property and Casualty Insurance	4.06%
Insurance Brokers	0%
General Insurance	0%
Reinsurance	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?

Company	Last Price	7D	1Y	Valuation
DSY Discovery	R194.93	4.0% +R5.0b	44.1%	PE18.1x
SLM Sanlam	R88.69	1.4% +R2.6b	27.7%	PE11x
OMU Old Mutual	R12.93	2.9% +R1.6b	8.1%	PE7.1x
MTM Momentum Group	R30.00	2.1% +R843.3m	40.4%	PE10.6x
CLI Clientèle	R12.70	1.5% +R63.7m	21.0%	PE12.9x