Bangladeshi (DSE) Insurance Industry Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies58
- 7D-4.6%
- 3M-18.7%
- 1Y-25.8%
- YTD-21.1%
Over the last 7 days, the Insurance industry has dropped 4.6%, driven by a pullback from National Life Insurance of 7.9%. Meanwhile, Rupali Life Insurance actually outperformed within the industry, gaining 5.4% in the last week. The industry has fallen 26% in the last year.
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 |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | ৳139.2b | ৳82.2b | ৳9.4b | 18.1x | 14.8x | 1.7x |
| Fri, 26 Apr 2024 | ৳145.8b | ৳82.1b | ৳9.4b | 19x | 15.5x | 1.8x |
| Sun, 24 Mar 2024 | ৳161.2b | ৳88.4b | ৳10.4b | 21.8x | 15.5x | 1.8x |
| Tue, 20 Feb 2024 | ৳174.4b | ৳88.3b | ৳10.4b | 21.7x | 16.7x | 2x |
| Thu, 18 Jan 2024 | ৳181.3b | ৳88.0b | ৳10.4b | 22.8x | 17.4x | 2.1x |
| Sat, 16 Dec 2023 | ৳175.5b | ৳88.0b | ৳10.4b | 21.3x | 16.9x | 2x |
| Mon, 13 Nov 2023 | ৳179.6b | ৳87.3b | ৳10.6b | 21.7x | 16.9x | 2.1x |
| Wed, 11 Oct 2023 | ৳178.9b | ৳85.5b | ৳9.9b | 22.6x | 18.2x | 2.1x |
| Fri, 08 Sep 2023 | ৳181.8b | ৳82.8b | ৳8.8b | 22.8x | 20.6x | 2.2x |
| Sun, 06 Aug 2023 | ৳183.5b | ৳81.4b | ৳8.8b | 22.5x | 20.9x | 2.3x |
| Tue, 04 Jul 2023 | ৳182.0b | ৳80.3b | ৳9.2b | 19.1x | 19.7x | 2.3x |
| Thu, 01 Jun 2023 | ৳187.8b | ৳78.7b | ৳9.0b | 21.3x | 20.8x | 2.4x |
| Sat, 29 Apr 2023 | ৳161.7b | ৳79.3b | ৳9.6b | 17.4x | 16.8x | 2x |
| Mon, 27 Mar 2023 | ৳160.2b | ৳89.6b | -৳18,274,941,776.00 | 16.4x | -8.8x | 1.8x |
| Wed, 22 Feb 2023 | ৳160.6b | ৳89.2b | -৳18,763,596,063.00 | 16.1x | -8.6x | 1.8x |
| Fri, 20 Jan 2023 | ৳174.2b | ৳89.2b | -৳18,763,596,063.00 | 18.2x | -9.3x | 2x |
| Sun, 18 Dec 2022 | ৳162.7b | ৳89.2b | -৳18,769,753,230.00 | 16.6x | -8.7x | 1.8x |
| Tue, 15 Nov 2022 | ৳159.6b | ৳86.2b | -৳19,435,000,599.00 | 15.5x | -8.2x | 1.9x |
| Thu, 13 Oct 2022 | ৳157.5b | ৳82.4b | -৳19,976,337,441.00 | 15.9x | -7.9x | 1.9x |
| Sat, 10 Sep 2022 | ৳163.5b | ৳83.3b | -৳18,460,099,323.00 | 16.2x | -8.9x | 2x |
| Mon, 08 Aug 2022 | ৳159.9b | ৳82.4b | -৳18,368,415,191.00 | 16.4x | -8.7x | 1.9x |
| Wed, 06 Jul 2022 | ৳165.3b | ৳78.6b | -৳19,563,271,672.00 | 17.1x | -8.4x | 2.1x |
| Fri, 03 Jun 2022 | ৳165.7b | ৳74.9b | -৳20,337,035,034.00 | 19.8x | -8.1x | 2.2x |
| Sun, 01 May 2022 | ৳180.9b | ৳74.6b | -৳20,392,776,035.00 | 20.3x | -8.9x | 2.4x |
| Tue, 29 Mar 2022 | ৳189.2b | ৳78.4b | -৳19,706,168,959.00 | 21.8x | -9.6x | 2.4x |
| Thu, 24 Feb 2022 | ৳204.4b | ৳78.4b | -৳19,783,697,426.00 | 24.4x | -10.3x | 2.6x |
| Sat, 22 Jan 2022 | ৳212.8b | ৳77.8b | -৳19,840,660,947.00 | 24.1x | -10.7x | 2.7x |
| Mon, 20 Dec 2021 | ৳205.6b | ৳77.3b | -৳19,872,973,105.00 | 23.8x | -10.3x | 2.7x |
| Wed, 17 Nov 2021 | ৳201.7b | ৳65.2b | ৳8.5b | 23.1x | 23.8x | 3.1x |
| Fri, 15 Oct 2021 | ৳216.8b | ৳59.8b | ৳10.3b | 23.4x | 21.1x | 3.6x |
| Sun, 12 Sep 2021 | ৳230.8b | ৳87.7b | -৳21,979,472,547.00 | 27.6x | -10.5x | 2.6x |
| Tue, 10 Aug 2021 | ৳208.7b | ৳87.9b | -৳21,545,125,200.00 | 25.8x | -9.7x | 2.4x |
Price to Earnings Ratio
-8.7x
Current Industry PE
- Investors are optimistic on the Bangladeshi Insurance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.8x which is higher than its 3-year average PE of 3.8x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.7x.
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 | -1.69% | |
| Financials | -1.86% | |
| Insurance | -4.63% | |
| Insurance Brokers | 0% | |
| Reinsurance | 0% | |
| Property and Casualty Insurance | -3.37% | |
| General Insurance | -5.22% | |
| Life and Health Insurance | -6.27% | |
Industry PE
- Investors are most optimistic about the General Insurance industry which is trading above its 3-year average PE ratio of 24.2x.
- 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 5.4x.
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 | |
|---|---|---|---|---|---|
| RUPALILIFE Rupali Life Insurance | ৳149.30 | 7.3% +৳303.1m | -20.3% | n/a | |
| NITOLINS Nitol Insurance | ৳33.80 | 8.3% +৳104.5m | -15.1% | PE17.3x | |
| SANDHANINS Sandhani Life Insurance | ৳24.80 | 2.9% +৳76.8m | -26.0% | PS0.9x | |
| CITYGENINS City General Insurance | ৳88.60 | 0.8% +৳47.7m | 105.1% | n/a | |
| EASTLAND Eastland Insurance | ৳21.90 | 0.5% +৳8.4m | -19.8% | PE20.8x |