Prestige Assurance Plc, a general insurance company, provides non-life insurance products in Nigeria. The company offers insurance products in the areas of motor, marine, bond, engineering, fire, aviation, oil and energy, general accident, workers' compensation, and terrorism. Its products include health, salary protection shield, personal accident, agricultural, money, burglary, householder, Mediclaim health, all risk, prestige device, fidelity guarantee, overseas and group Mediclaim, SME blanket, and group personal accident insurance products; and marine cargo and hull insurance products. The company also provides machinery breakdown, fire and allied perils, electronics equipment, consequential loss, contractors all risk, marine cum erection or storage cum erection, and plant all risk insurance products; and public and products liability, professional indemnity, directors and officers liability, and employers' liability policies. The company was founded in 1952 and is headquartered in Lagos, Nigeria. Prestige Assurance Plc is a subsidiary of The New India Assurance Company Limited.
Metrics to compare | PRESTIG | Peers Peers - average of corresponding metrics from companies closely matching PRESTIG: LINKASSURE, VERITASKAP, UNIVINSURE, INTENEGINS, GUINEAINS | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipPRESTIGPeersSector |
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P/E Ratio | 22.3x | 10.4x | 9.8x | |
PEG Ratio | −0.31 | 0.02 | 0.03 | |
Price/Book | 1.1x | 1.7x | 1.0x | |
Price / LTM Sales | 0.8x | 1.1x | 2.9x | |
Upside (Analyst Target) | - | −34.1% | 10.1% | |
Fair Value Upside | Unlock | −8.9% | 0.9% | Unlock |