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South African (JSE) Life and Health Insurance Industry Analysis
UpdatedJun 02, 2024
DataAggregated Company Financials
Companies5
- 7D-5.1%
- 3M-8.3%
- 1Y7.0%
- YTDn/a
Over the last 7 days, the Life and Health Insurance industry has dropped 5.1%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 7.0%. As for the next few years, earnings are expected to grow by 13% 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 |
|---|---|---|---|---|---|---|
| Sun, 02 Jun 2024 | R297.1b | R516.2b | R28.7b | 8.4x | 10.3x | 0.6x |
| Tue, 30 Apr 2024 | R293.6b | R516.2b | R28.7b | 8.4x | 10.2x | 0.6x |
| Thu, 28 Mar 2024 | R309.5b | R528.3b | R28.5b | 7.4x | 10.9x | 0.6x |
| Sat, 24 Feb 2024 | R331.3b | R505.1b | R28.1b | 7.7x | 11.8x | 0.7x |
| Mon, 22 Jan 2024 | R325.3b | R505.1b | R28.1b | 7.7x | 11.6x | 0.6x |
| Wed, 20 Dec 2023 | R320.0b | R505.1b | R28.1b | 7.5x | 11.4x | 0.6x |
| Fri, 17 Nov 2023 | R330.3b | R505.1b | R28.1b | 7.7x | 11.7x | 0.7x |
| Sun, 15 Oct 2023 | R320.5b | R505.1b | R28.1b | 7.9x | 11.4x | 0.6x |
| Tue, 12 Sep 2023 | R329.5b | R412.0b | R29.6b | 8.1x | 11.1x | 0.8x |
| Thu, 10 Aug 2023 | R329.7b | R330.8b | R29.4b | 8.1x | 11.2x | 1x |
| Sat, 08 Jul 2023 | R359.6b | R354.1b | R31.7b | 9.7x | 11.4x | 1x |
| Mon, 05 Jun 2023 | R327.5b | R354.1b | R31.7b | 8.6x | 10.3x | 0.9x |
| Wed, 03 May 2023 | R341.0b | R354.1b | R31.7b | 8.8x | 10.8x | 1x |
| Fri, 31 Mar 2023 | R349.6b | R361.2b | R31.7b | 9.2x | 11x | 1x |
| Sun, 26 Feb 2023 | R357.4b | R432.8b | R31.1b | 9.2x | 11.5x | 0.8x |
| Tue, 24 Jan 2023 | R342.8b | R432.8b | R31.1b | 8.8x | 11x | 0.8x |
| Thu, 22 Dec 2022 | R310.3b | R432.8b | R31.1b | 8.6x | 10x | 0.7x |
| Sat, 19 Nov 2022 | R316.9b | R432.8b | R31.1b | 9.1x | 10.2x | 0.7x |
| Mon, 17 Oct 2022 | R286.4b | R432.8b | R31.1b | 8.7x | 9.2x | 0.7x |
| Wed, 14 Sep 2022 | R315.3b | R496.0b | R28.6b | 12x | 11x | 0.6x |
| Fri, 12 Aug 2022 | R334.4b | R703.8b | R23.6b | 16x | 14.2x | 0.5x |
| Sun, 10 Jul 2022 | R318.5b | R703.8b | R23.6b | 15.1x | 13.5x | 0.5x |
| Tue, 07 Jun 2022 | R349.6b | R703.8b | R23.6b | 16.7x | 14.8x | 0.5x |
| Thu, 05 May 2022 | R355.1b | R703.8b | R23.6b | 16.3x | 15x | 0.5x |
| Sat, 02 Apr 2022 | R468.6b | R785.1b | R24.6b | 26x | 19.1x | 0.6x |
| Mon, 28 Feb 2022 | R427.5b | R695.8b | R22.9b | 22.4x | 18.6x | 0.6x |
| Wed, 26 Jan 2022 | R410.5b | R690.2b | R21.5b | 24.1x | 19.1x | 0.6x |
| Fri, 24 Dec 2021 | R397.3b | R690.2b | R21.5b | 23.5x | 18.5x | 0.6x |
| Sun, 21 Nov 2021 | R401.4b | R690.2b | R21.5b | 22.6x | 18.7x | 0.6x |
| Tue, 19 Oct 2021 | R406.5b | R690.2b | R21.5b | 21.4x | 18.9x | 0.6x |
| Thu, 16 Sep 2021 | R386.9b | R688.8b | R20.1b | 24.3x | 19.2x | 0.6x |
| Sat, 14 Aug 2021 | R370.4b | R689.2b | R20.1b | 22.4x | 18.4x | 0.5x |
| Wed, 09 Jun 2021 | R380.7b | R579.4b | R8.8b | 32.4x | 43.3x | 0.7x |
Price to Earnings Ratio
43.3x
Current Industry PE
- Investors are pessimistic on the South African Life and Health Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.3x which is lower than its 3-year average PE of 13.5x.
- The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
- The earnings for companies in the Life and Health Insurance industry have grown 48% per year over the last three years.
- Meanwhile revenues for these companies have declined 3.8% 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 | -4.28% | |
| Financials | -4.64% | |
| Insurance | -5.06% | |
| Life and Health Insurance | -5.06% | |
| Insurance Brokers | 0% | |
| General Insurance | 0% | |
| Reinsurance | 0% | |
| Property and Casualty Insurance | -5.06% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||
