Palestinian (Al-Quds) Insurance Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies7
- 7D0.1%
- 3M2.2%
- 1Y-12.3%
- YTD2.5%
The Insurance industry has been flat over the last week, but Ahlia Insurance Group has lost 5.6%. As for the longer term, the industry has declined 12% in the last year.
Industry Valuation and Performance
Has the Palestinian Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | ₪230.6m | ₪391.9m | ₪8.4m | 19.6x | 27.3x | 0.6x |
| Fri, 26 Apr 2024 | ₪227.6m | ₪405.7m | ₪7.6m | 19.7x | 29.9x | 0.6x |
| Sun, 24 Mar 2024 | ₪228.4m | ₪409.8m | ₪7.6m | 20.2x | 30x | 0.6x |
| Tue, 20 Feb 2024 | ₪178.0m | ₪275.3m | ₪13.7m | 14.4x | 13x | 0.6x |
| Thu, 18 Jan 2024 | ₪260.8m | ₪442.0m | ₪18.2m | 14.8x | 14.4x | 0.6x |
| Sat, 16 Dec 2023 | ₪257.6m | ₪416.4m | ₪18.5m | 12.1x | 13.9x | 0.6x |
| Mon, 13 Nov 2023 | ₪263.1m | ₪414.9m | ₪19.3m | 12.1x | 13.6x | 0.6x |
| Wed, 11 Oct 2023 | ₪265.2m | ₪417.6m | ₪19.6m | 12.4x | 13.5x | 0.6x |
| Fri, 08 Sep 2023 | ₪269.4m | ₪414.3m | ₪18.2m | 13.3x | 14.8x | 0.7x |
| Sun, 06 Aug 2023 | ₪273.7m | ₪421.5m | ₪20.9m | 11.7x | 13.1x | 0.6x |
| Tue, 04 Jul 2023 | ₪274.4m | ₪421.5m | ₪20.9m | 12.3x | 13.1x | 0.7x |
| Thu, 01 Jun 2023 | ₪281.5m | ₪421.5m | ₪20.9m | 12.2x | 13.4x | 0.7x |
| Sat, 29 Apr 2023 | ₪283.9m | ₪421.5m | ₪20.9m | 12.1x | 13.6x | 0.7x |
| Mon, 27 Mar 2023 | ₪275.3m | ₪406.5m | ₪20.2m | 12.3x | 13.6x | 0.7x |
| Wed, 22 Feb 2023 | ₪267.1m | ₪400.2m | ₪16.9m | 13x | 15.8x | 0.7x |
| Fri, 20 Jan 2023 | ₪255.4m | ₪400.2m | ₪16.9m | 13x | 15.1x | 0.6x |
| Sun, 18 Dec 2022 | ₪256.3m | ₪400.2m | ₪16.9m | 13x | 15.2x | 0.6x |
| Tue, 15 Nov 2022 | ₪259.0m | ₪390.7m | ₪14.8m | 14.6x | 17.5x | 0.7x |
| Thu, 13 Oct 2022 | ₪259.9m | ₪390.7m | ₪14.8m | 14.6x | 17.6x | 0.7x |
| Sat, 10 Sep 2022 | ₪237.3m | ₪337.6m | ₪6.9m | 17x | 34.2x | 0.7x |
| Mon, 08 Aug 2022 | ₪221.0m | ₪307.5m | ₪12.1m | 21.4x | 18.2x | 0.7x |
| Wed, 06 Jul 2022 | ₪224.1m | ₪307.5m | ₪12.1m | 21.1x | 18.5x | 0.7x |
| Fri, 03 Jun 2022 | ₪204.1m | ₪252.3m | ₪13.0m | 18x | 15.8x | 0.8x |
| Sun, 01 May 2022 | ₪250.6m | ₪342.0m | ₪14.9m | 22x | 16.8x | 0.7x |
| Tue, 29 Mar 2022 | ₪252.7m | ₪342.0m | ₪14.9m | 20.4x | 17x | 0.7x |
| Thu, 24 Feb 2022 | ₪268.4m | ₪353.8m | ₪16.0m | 17.9x | 16.8x | 0.8x |
| Sat, 22 Jan 2022 | ₪267.7m | ₪345.6m | ₪15.8m | 15.9x | 16.9x | 0.8x |
| Mon, 20 Dec 2021 | ₪265.9m | ₪345.6m | ₪15.8m | 16x | 16.8x | 0.8x |
| Wed, 17 Nov 2021 | ₪268.9m | ₪351.9m | ₪15.7m | 16x | 17.1x | 0.8x |
| Fri, 15 Oct 2021 | ₪265.5m | ₪330.9m | ₪17.1m | 20.4x | 15.5x | 0.8x |
| Sun, 12 Sep 2021 | ₪265.4m | ₪330.9m | ₪17.1m | 21.2x | 15.5x | 0.8x |
| Tue, 10 Aug 2021 | ₪264.0m | ₪330.9m | ₪17.1m | 20.7x | 15.4x | 0.8x |
Price to Earnings Ratio
12.9x
Current Industry PE
- Investors are optimistic on the Palestinian Territory, Occupied Insurance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 27.3x which is higher than its 3-year average PE of 16.6x.
- The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have declined 22% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Palestinian Financials industry?
| PS Market | 0.041% | |
| Financials | -0.29% | |
| Insurance | 0.13% | |
| General Insurance | 0.19% | |
| Property and Casualty Insurance | 0.11% | |
| Insurance Brokers | 0% | |
| Life and Health Insurance | 0% | |
| Reinsurance | 0% | |
Industry PE
- Investors are most optimistic about the Property and Casualty Insurance industry which is trading above its 3-year average PE ratio of 17.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the General Insurance industry, which is trading close to its 3-year average of 18.7x.
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 | |
|---|---|---|---|---|---|
| TPIC Tamkeen Insurance | US$2.00 | 2.6% +US$655.2k | -5.4% | PE22.8x | |
| NIC National Insurance Company (Palestine) | US$3.10 | 0.3% +US$185.0k | -18.1% | PS1x |