Qatari (QE) Insurance Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies7
- 7D-2.3%
- 3M-11.6%
- 1Y-7.7%
- YTD-16.6%
Over the last 7 days, the Insurance industry has dropped 3.0%, driven by Qatar Insurance Company Q.S.P.C declining 5.5%. In contrast, Qatar General Insurance & Reinsurance Company Q.P.S.C has gained 5.1%. The industry has fallen 6.7% in the last year. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Qatari Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | ر.ق11.8b | ر.ق11.8b | -ر.ق74,551,737.00 | 7.7x | -158.6x | 1x |
| Sat, 27 Apr 2024 | ر.ق12.6b | ر.ق11.4b | -ر.ق20,121,652.00 | 8.1x | -625.9x | 1.1x |
| Mon, 25 Mar 2024 | ر.ق13.3b | ر.ق11.4b | -ر.ق20,121,652.00 | 8.9x | -658.6x | 1.2x |
| Wed, 21 Feb 2024 | ر.ق13.4b | ر.ق10.2b | ر.ق867.8m | 8.5x | 15.4x | 1.3x |
| Fri, 19 Jan 2024 | ر.ق13.7b | ر.ق10.9b | ر.ق366.1m | 9.6x | 37.4x | 1.3x |
| Sun, 17 Dec 2023 | ر.ق13.6b | ر.ق10.9b | ر.ق366.1m | 10.1x | 37.2x | 1.2x |
| Tue, 14 Nov 2023 | ر.ق13.7b | ر.ق10.9b | ر.ق366.1m | 10.1x | 37.3x | 1.3x |
| Thu, 12 Oct 2023 | ر.ق14.2b | ر.ق10.9b | ر.ق365.4m | 11.5x | 38.8x | 1.3x |
| Sat, 09 Sep 2023 | ر.ق13.3b | ر.ق12.0b | ر.ق365.4m | 11x | 36.5x | 1.1x |
| Mon, 07 Aug 2023 | ر.ق13.1b | ر.ق11.6b | ر.ق203.8m | 12.5x | 64.4x | 1.1x |
| Wed, 05 Jul 2023 | ر.ق13.9b | ر.ق11.5b | ر.ق189.7m | 12.7x | 73.4x | 1.2x |
| Fri, 02 Jun 2023 | ر.ق12.9b | ر.ق11.5b | ر.ق199.8m | 13.3x | 64.7x | 1.1x |
| Sun, 30 Apr 2023 | ر.ق11.5b | ر.ق11.6b | -ر.ق28,310,584.00 | 12.1x | -406.1x | 1x |
| Tue, 28 Mar 2023 | ر.ق10.7b | ر.ق11.6b | ر.ق514.2m | 12.5x | 20.8x | 0.9x |
| Thu, 23 Feb 2023 | ر.ق10.8b | ر.ق12.5b | ر.ق811.7m | 13.3x | 13.3x | 0.9x |
| Sat, 21 Jan 2023 | ر.ق12.8b | ر.ق12.2b | ر.ق762.3m | 15.2x | 16.8x | 1x |
| Mon, 19 Dec 2022 | ر.ق12.3b | ر.ق12.2b | ر.ق762.3m | 15.3x | 16.2x | 1x |
| Wed, 16 Nov 2022 | ر.ق13.4b | ر.ق12.2b | ر.ق762.3m | 16.7x | 17.6x | 1.1x |
| Fri, 14 Oct 2022 | ر.ق14.3b | ر.ق12.4b | ر.ق903.1m | 17x | 15.8x | 1.2x |
| Sun, 11 Sep 2022 | ر.ق14.4b | ر.ق12.4b | ر.ق903.1m | 17.2x | 16x | 1.2x |
| Tue, 09 Aug 2022 | ر.ق14.6b | ر.ق12.4b | ر.ق866.7m | 18.1x | 16.9x | 1.2x |
| Thu, 07 Jul 2022 | ر.ق14.5b | ر.ق12.3b | ر.ق904.3m | 16.5x | 16.1x | 1.2x |
| Sat, 04 Jun 2022 | ر.ق14.9b | ر.ق12.3b | ر.ق904.3m | 16.5x | 16.5x | 1.2x |
| Mon, 02 May 2022 | ر.ق14.8b | ر.ق12.0b | ر.ق868.8m | 16.8x | 17.1x | 1.2x |
| Wed, 30 Mar 2022 | ر.ق14.8b | ر.ق12.0b | ر.ق859.6m | 17.2x | 17.2x | 1.2x |
| Fri, 25 Feb 2022 | ر.ق14.8b | ر.ق11.9b | ر.ق1.0b | 15.4x | 14.4x | 1.2x |
| Sun, 23 Jan 2022 | ر.ق15.1b | ر.ق11.8b | ر.ق1.0b | 15.3x | 14.7x | 1.3x |
| Tue, 21 Dec 2021 | ر.ق15.1b | ر.ق11.8b | ر.ق1.0b | 14.9x | 14.7x | 1.3x |
| Thu, 18 Nov 2021 | ر.ق14.8b | ر.ق11.9b | ر.ق1.0b | 14.8x | 14.5x | 1.2x |
| Sat, 16 Oct 2021 | ر.ق14.9b | ر.ق11.8b | ر.ق928.2m | 16.1x | 16.1x | 1.3x |
| Mon, 13 Sep 2021 | ر.ق14.9b | ر.ق11.8b | ر.ق928.2m | 16.3x | 16.1x | 1.3x |
| Wed, 11 Aug 2021 | ر.ق15.0b | ر.ق11.8b | ر.ق928.2m | 16.7x | 16.2x | 1.3x |
| Sun, 06 Jun 2021 | ر.ق15.4b | ر.ق11.6b | ر.ق720.2m | 16.3x | 21.4x | 1.3x |
Price to Earnings Ratio
21.4x
Current Industry PE
- Investors are pessimistic on the Qatari Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- Total earnings for the Insurance industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 Qatari Financials industry?
| QA Market | -4.24% | |
| Financials | -4.90% | |
| Insurance | -2.33% | |
| Insurance Brokers | 0% | |
| Reinsurance | 0% | |
| General Insurance | -2.19% | |
| Property and Casualty Insurance | -2.36% | |
| Life and Health Insurance | -2.46% | |
Industry PE
- Investors are most optimistic about the Life and Health Insurance industry even though it's trading below its 3-year average PE ratio of 15.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Property and Casualty Insurance industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Property and Casualty Insurance industry is expected to see its earnings grow by 20% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DOHI Doha Insurance Group Q.P.S.C | ر.ق2.45 | 3.1% +ر.ق36.5m | 14.8% | PE7.8x |