U.S. Property and Casualty Insurance Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies60
- 7D3.0%
- 3M8.4%
- 1Y32.5%
- YTDn/a
In the last week, the Property and Casualty Insurance industry is up 3.0%, with Progressive up 3.5%. This takes the industry's 12 month performance to a gain of 33%. Looking forward, earnings are forecast to grow by 6.3% annually.
Industry Valuation and Performance
Has the U.S. Property and Casualty Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | US$610.1b | US$420.1b | US$44.9b | 12.3x | 13.6x | 1.5x |
| Fri, 05 Apr 2024 | US$614.0b | US$406.3b | US$38.1b | 14.4x | 16.1x | 1.5x |
| Sun, 03 Mar 2024 | US$582.8b | US$406.1b | US$37.8b | 15.1x | 15.4x | 1.4x |
| Tue, 30 Jan 2024 | US$559.9b | US$399.7b | US$29.8b | 13.9x | 18.8x | 1.4x |
| Thu, 28 Dec 2023 | US$513.3b | US$396.7b | US$28.9b | 13.2x | 17.7x | 1.3x |
| Sat, 25 Nov 2023 | US$516.0b | US$396.5b | US$28.8b | 12.6x | 17.9x | 1.3x |
| Mon, 23 Oct 2023 | US$460.4b | US$365.0b | US$22.4b | 14.3x | 20.5x | 1.3x |
| Wed, 20 Sep 2023 | US$462.4b | US$361.2b | US$21.3b | 14.8x | 21.7x | 1.3x |
| Fri, 18 Aug 2023 | US$446.1b | US$361.0b | US$21.2b | 13.8x | 21x | 1.2x |
| Sun, 16 Jul 2023 | US$413.1b | US$347.3b | US$16.8b | 16.6x | 24.7x | 1.2x |
| Tue, 13 Jun 2023 | US$422.7b | US$340.2b | US$14.1b | 18.1x | 30x | 1.2x |
| Thu, 11 May 2023 | US$439.7b | US$339.8b | US$14.5b | 20.1x | 30.3x | 1.3x |
| Sat, 08 Apr 2023 | US$439.3b | US$329.3b | US$14.5b | 17.8x | 30.2x | 1.3x |
| Mon, 06 Mar 2023 | US$461.6b | US$329.4b | US$14.6b | 18.5x | 31.5x | 1.4x |
| Wed, 01 Feb 2023 | US$467.5b | US$329.8b | US$17.9b | 15.5x | 26.2x | 1.4x |
| Fri, 30 Dec 2022 | US$453.4b | US$327.5b | US$18.7b | 14.1x | 24.3x | 1.4x |
| Sun, 27 Nov 2022 | US$456.6b | US$327.5b | US$18.7b | 14.2x | 24.4x | 1.4x |
| Tue, 25 Oct 2022 | US$416.3b | US$326.3b | US$22.9b | 13.4x | 18.2x | 1.3x |
| Thu, 22 Sep 2022 | US$400.3b | US$324.3b | US$22.7b | 13.8x | 17.6x | 1.2x |
| Sat, 20 Aug 2022 | US$428.4b | US$324.3b | US$22.7b | 14.2x | 18.9x | 1.3x |
| Mon, 18 Jul 2022 | US$407.1b | US$330.9b | US$33.6b | 11.7x | 12.1x | 1.2x |
| Wed, 15 Jun 2022 | US$415.9b | US$331.3b | US$34.9b | 11.8x | 11.9x | 1.3x |
| Fri, 13 May 2022 | US$422.9b | US$331.4b | US$35.2b | 11.3x | 12x | 1.3x |
| Sun, 10 Apr 2022 | US$456.6b | US$331.4b | US$40.2b | 11x | 11.4x | 1.4x |
| Tue, 08 Mar 2022 | US$430.9b | US$332.9b | US$40.3b | 10.7x | 10.7x | 1.3x |
| Thu, 03 Feb 2022 | US$437.8b | US$333.4b | US$42.4b | 10.5x | 10.3x | 1.3x |
| Sat, 01 Jan 2022 | US$410.6b | US$321.8b | US$41.9b | 11x | 9.8x | 1.3x |
| Mon, 29 Nov 2021 | US$399.2b | US$321.8b | US$41.9b | 10.5x | 9.5x | 1.2x |
| Wed, 27 Oct 2021 | US$417.3b | US$318.3b | US$43.3b | 10x | 9.6x | 1.3x |
| Fri, 24 Sep 2021 | US$392.8b | US$315.8b | US$44.5b | 9.3x | 8.8x | 1.2x |
| Sun, 22 Aug 2021 | US$414.5b | US$316.1b | US$44.4b | 9.9x | 9.3x | 1.3x |
| Fri, 09 Jul 2021 | US$399.5b | US$316.1b | US$44.4b | 9.3x | 9x | 1.3x |
Price to Earnings Ratio
10.5x
Current Industry PE
- Investors are pessimistic on the American Property and Casualty 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 13.6x which is lower than its 3-year average PE of 17.5x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Property and Casualty Insurance industry have grown 4.2% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Property and Casualty Insurance compare with similar industries?
| US Market | 3.31% | |
| Financials | 2.63% | |
| Insurance | 3.35% | |
| Property and Casualty Insurance | 2.98% | |
| General Insurance | 5.93% | |
| Reinsurance | 5.07% | |
| Life and Health Insurance | 3.33% | |
| Insurance Brokers | 3.24% | |
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 | |
|---|---|---|---|---|---|
| PGR Progressive | US$215.46 | 3.5% +US$4.2b | 58.8% | PE22x | |
| MKL Markel Group | US$1.62k | 10.7% +US$1.9b | 18.0% | PE8.5x | |
| ACGL Arch Capital Group | US$98.21 | 5.0% +US$1.7b | 28.2% | PE7.6x | |
| CB Chubb | US$251.95 | 1.3% +US$1.3b | 25.0% | PE11x | |
| ERIE Erie Indemnity | US$405.44 | 6.0% +US$1.2b | 76.0% | PE43.8x |
