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Prime Insurance DSE:PRIMEINSUR Stock Report

Last Price

৳37.40

Market Cap

৳1.5b

7D

-4.8%

1Y

-54.8%

Updated

21 Nov, 2024

Data

Company Financials

Prime Insurance Company Limited

DSE:PRIMEINSUR Stock Report

Market Cap: ৳1.5b

PRIMEINSUR Stock Overview

Provides various non-life insurance products in Bangladesh. More details

PRIMEINSUR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

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৳37.40
52 Week High৳82.80
52 Week Low৳31.20
Beta0.45
11 Month Change8.72%
3 Month Change6.25%
1 Year Change-54.83%
33 Year Change-27.24%
5 Year Change59.15%
Change since IPO601.37%

Recent News & Updates

Recent updates

Shareholder Returns

PRIMEINSURBD InsuranceBD Market
7D-4.8%1.4%-0.9%
1Y-54.8%-21.7%-20.0%

Return vs Industry: PRIMEINSUR underperformed the BD Insurance industry which returned -21.7% over the past year.

Return vs Market: PRIMEINSUR underperformed the BD Market which returned -20% over the past year.

Price Volatility

Is PRIMEINSUR's price volatile compared to industry and market?
PRIMEINSUR volatility
PRIMEINSUR Average Weekly Movement7.4%
Insurance Industry Average Movement7.5%
Market Average Movement7.0%
10% most volatile stocks in BD Market9.3%
10% least volatile stocks in BD Market3.9%

Stable Share Price: PRIMEINSUR has not had significant price volatility in the past 3 months compared to the BD market.

Volatility Over Time: PRIMEINSUR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996948Md. 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 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৳1.53b
Earnings (TTM)৳91.18m
Revenue (TTM)৳937.11m

16.8x

P/E Ratio

1.6x

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৳937.11m
Cost of Revenue৳318.37m
Gross Profit৳618.74m
Other Expenses৳527.56m
Earnings৳91.18m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.23
Gross Margin66.03%
Net Profit Margin9.73%
Debt/Equity Ratio0%

How did PRIMEINSUR perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

54%

Payout Ratio