Phoenix Insurance Company Limited provides insurance products and services to individuals, and small and medium enterprises in Bangladesh. The company offers fire insurance; marine cargo insurance, which covers risks against the import of various goods by vessel /lorry/air; and hull insurance. It also provides motor insurance for private cars, commercial vehicles, and motorcycles; engineering insurance, such as contractors and erection all risks, machinery breakdown, contractor’s plant and machinery, electronic equipment, deterioration of stock, and boiler and pressure vessel insurance; cyclone insurance for residential buildings and contents coverage; and flood insurance that covers residential and commercial buildings, contents, and renters coverage. In addition, the company offers earthquake insurance; and riot and strike damage insurance products, as well as overseas mediclaim services. Further, it provides miscellaneous insurance comprising fidelity guarantee, cash in transit, cash on counter/in safe, third-party liability, peddle cycle, personal accident, workmen’s compensation, and personal air travel insurance, as well as cash/property in premises, all risk, public liability, comprehensive general liability, burglary, safe deposit box, hotel owners all risks, money, cattle, bankers blanket blood, aviation insurance and live stock insurance. The company was incorporated in 1986 and is headquartered in Dhaka, Bangladesh.
Metrics to compare | PHIS | Peers Peers - average of corresponding metrics from companies closely matching PHIS: EASTLAND, FEDERALINS, PIONEERINS, PEOPLESINS, ASIAPACINS | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipPHISPeersSector |
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P/E Ratio | 17.3x | 18.1x | 9.5x | |
PEG Ratio | 0.63 | −0.44 | 0.03 | |
Price/Book | 0.8x | 1.3x | 1.0x | |
Price / LTM Sales | 2.2x | 2.5x | 2.8x | |
Upside (Analyst Target) | - | 0.0% | 13.1% | |
Fair Value Upside | Unlock | 23.2% | 1.9% | Unlock |