Bangladeshi (DSE) Insurance Industry Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies57
- 7D-2.3%
- 3M-4.5%
- 1Y10.5%
- YTD10.1%
Over the last 7 days, the Insurance industry has dropped 2.9%, driven by declines in Delta Life Insurance and Crystal Insurance of 3.5% and 15%, respectively. On the other hand Sena Kalyan Insurance is actually up 13%. Over the past 12 months, the industry was up 9.7%.
Industry Valuation and Performance
Has the Bangladeshi Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | ৳179.6b | ৳86.1b | ৳10.2b | 21.7x | 17.6x | 2.1x |
| Thu, 28 Sep 2023 | ৳188.1b | ৳85.5b | ৳9.9b | 24x | 19.1x | 2.2x |
| Sat, 26 Aug 2023 | ৳174.1b | ৳81.4b | ৳8.7b | 21x | 20x | 2.1x |
| Mon, 24 Jul 2023 | ৳185.6b | ৳80.2b | ৳9.1b | 21.4x | 20.3x | 2.3x |
| Wed, 21 Jun 2023 | ৳180.6b | ৳80.5b | ৳9.3b | 19.5x | 19.5x | 2.2x |
| Fri, 19 May 2023 | ৳171.7b | ৳78.8b | ৳9.3b | 18.2x | 18.5x | 2.2x |
| Sun, 16 Apr 2023 | ৳159.5b | ৳79.3b | ৳9.6b | 16.7x | 16.6x | 2x |
| Tue, 14 Mar 2023 | ৳167.0b | ৳89.6b | -৳18,260,899,258.00 | 17x | -9.1x | 1.9x |
| Thu, 09 Feb 2023 | ৳169.6b | ৳89.2b | -৳18,763,596,063.00 | 17.2x | -9x | 1.9x |
| Sat, 07 Jan 2023 | ৳164.0b | ৳89.2b | -৳18,763,596,063.00 | 17.3x | -8.7x | 1.8x |
| Mon, 05 Dec 2022 | ৳162.9b | ৳88.9b | -৳18,602,385,295.00 | 16.8x | -8.8x | 1.8x |
| Wed, 02 Nov 2022 | ৳160.6b | ৳82.8b | -৳20,192,526,687.00 | 16.4x | -8x | 1.9x |
| Fri, 30 Sep 2022 | ৳160.6b | ৳83.0b | -৳19,994,464,252.00 | 16x | -8x | 1.9x |
| Sun, 28 Aug 2022 | ৳163.3b | ৳83.1b | -৳18,455,911,145.00 | 16.5x | -8.8x | 2x |
| Tue, 26 Jul 2022 | ৳153.5b | ৳82.0b | -৳18,323,609,859.00 | 14.9x | -8.4x | 1.9x |
| Thu, 23 Jun 2022 | ৳165.8b | ৳76.3b | -৳20,279,161,081.00 | 18.2x | -8.2x | 2.2x |
| Sat, 21 May 2022 | ৳157.4b | ৳74.7b | -৳20,400,853,034.00 | 17.9x | -7.7x | 2.1x |
| Mon, 18 Apr 2022 | ৳179.5b | ৳74.6b | -৳20,392,915,336.00 | 19.3x | -8.8x | 2.4x |
| Wed, 16 Mar 2022 | ৳190.6b | ৳78.4b | -৳19,650,918,324.00 | 22.5x | -9.7x | 2.4x |
| Fri, 11 Feb 2022 | ৳218.4b | ৳78.4b | -৳19,838,738,600.00 | 26.4x | -11x | 2.8x |
| Sun, 09 Jan 2022 | ৳216.7b | ৳77.3b | -৳19,945,318,906.00 | 24.4x | -10.9x | 2.8x |
| Tue, 07 Dec 2021 | ৳206.9b | ৳65.2b | ৳8.5b | 24.9x | 24.4x | 3.2x |
| Thu, 04 Nov 2021 | ৳212.7b | ৳59.6b | ৳9.0b | 24.5x | 23.6x | 3.6x |
| Sat, 02 Oct 2021 | ৳225.5b | ৳59.8b | ৳10.3b | 24.8x | 22x | 3.8x |
| Mon, 30 Aug 2021 | ৳217.8b | ৳87.9b | -৳21,545,125,200.00 | 26.6x | -10.1x | 2.5x |
| Tue, 06 Jul 2021 | ৳221.7b | ৳87.9b | -৳21,545,125,200.00 | 27.1x | -10.3x | 2.5x |
| Fri, 09 Apr 2021 | ৳136.1b | ৳86.1b | -৳22,389,434,330.00 | 17.7x | -6.1x | 1.6x |
| Thu, 31 Dec 2020 | ৳158.6b | ৳84.2b | -৳23,339,569,873.00 | 22.8x | -6.8x | 1.9x |
Price to Earnings Ratio
-5.7x
Current Industry PE
- Investors are pessimistic on the Bangladeshi 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 17.6x which is higher than its 3-year average PE of -0.61x.
- The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
- Total earnings for the Insurance industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Bangladeshi Financials industry?
| BD Market | -0.022% | |
| Financials | 0.05% | |
| Insurance | -2.30% | |
| Insurance Brokers | 0% | |
| Reinsurance | 0% | |
| Life and Health Insurance | -1.14% | |
| Property and Casualty Insurance | -3.03% | |
| General Insurance | -3.54% | |
Industry PE
- Investors are most optimistic about the Property and Casualty Insurance industry, which is trading close to its 3-year average PE ratio of 24.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Life and Health Insurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 2.8x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SKICL Sena Kalyan Insurance | ৳54.80 | 10.9% +৳216.0m | -0.7% | PE17.6x | |
| SONALILIFE Sonali Life Insurance | ৳81.20 | 2.4% +৳90.3m | 45.5% | PE1.1x | |
| PEOPLESINS Peoples Insurance | ৳37.70 | 4.4% +৳73.9m | -0.5% | PE14.7x | |
| UNIONINS Union Insurance | ৳69.30 | 0.6% +৳19.4m | 91.4% | PE28.2x | |
| ISLAMIINS Islami Insurance Bangladesh | ৳47.50 | 0.2% +৳4.1m | 10.5% | PE15.3x |