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Prime Insurance DSE:PRIMEINSUR Stock Report

Last Price

৳43.10

Market Cap

৳1.8b

7D

-6.3%

1Y

-47.9%

Updated

17 Apr, 2024

Data

Company Financials

Prime Insurance Company Limited

DSE:PRIMEINSUR Stock Report

Market Cap: ৳1.8b

PRIMEINSUR Stock Overview

Prime Insurance Company Limited provides various non-life insurance products in Bangladesh.

PRIMEINSUR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends2/6

Prime Insurance Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Prime Insurance
Historical stock prices
Current Share Price৳43.10
52 Week High৳82.80
52 Week Low৳40.50
Beta0.37
1 Month Change-4.22%
3 Month Changen/a
1 Year Change-47.95%
3 Year Change0%
5 Year Change153.53%
Change since IPO708.26%

Recent News & Updates

Recent updates

Shareholder Returns

PRIMEINSURBD InsuranceBD Market
7D-6.3%-3.3%-2.0%
1Y-47.9%-5.9%-15.4%

Return vs Industry: PRIMEINSUR underperformed the BD Insurance industry which returned -4.6% over the past year.

Return vs Market: PRIMEINSUR underperformed the BD Market which returned -14.9% over the past year.

Price Volatility

Is PRIMEINSUR's price volatile compared to industry and market?
PRIMEINSUR volatility
PRIMEINSUR Average Weekly Movement7.9%
Insurance Industry Average Movement4.7%
Market Average Movement5.8%
10% most volatile stocks in BD Market9.3%
10% least volatile stocks in BD Market3.5%

Stable Share Price: PRIMEINSUR's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine PRIMEINSUR's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996865Md. Hamidprime-insurance.net

Prime Insurance Company Limited provides various non-life insurance products in Bangladesh. The company offers fire, marine, motor, and engineering insurance. It also provides miscellaneous accident insurance products, including financial category, cash in transit, cash in safe, cash on counter, ATM risk, bank lockers, fidelity guarantee, bankers’ blanket bond, electronic and computer crime, and directors and officers’ liability insurance products.

Prime Insurance Company Limited Fundamentals Summary

How do Prime Insurance's earnings and revenue compare to its market cap?
PRIMEINSUR fundamental statistics
Market cap৳1.76b
Earnings (TTM)৳83.97m
Revenue (TTM)৳784.81m

21.0x

P/E Ratio

2.2x

P/S Ratio

Is PRIMEINSUR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRIMEINSUR income statement (TTM)
Revenue৳784.81m
Cost of Revenue৳277.01m
Gross Profit৳507.80m
Other Expenses৳423.83m
Earnings৳83.97m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.05
Gross Margin64.70%
Net Profit Margin10.70%
Debt/Equity Ratio0%

How did PRIMEINSUR perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

49%

Payout Ratio
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