Prime Insurance Company Limited provides various non-life insurance products and services in Bangladesh. The company offers fire, marine, motor, and engineering insurance. It also provides miscellaneous accident insurance products, including cash in transit, cash in safe, cash on counter, ATM booth, bank lockers, credit card fraud and forgery, fidelity guarantee, bankers’ blanket bond insurance products. In addition, the company offers burglary and house breaking, and workmen’s comprehensive insurance; health plan, dread disease, and overseas medi-claim insurance products; people’s personal accident, public and product liability, and employers’ liability insurance products; golf hole-in-one, professional indemnity, and hotel owners’ all risk insurance products; and, householders’ comprehensive and all risks insurance products, as well as cyber crimes, Hajj and Umrah, contractor’s all risks, erection all risk, shipbuilder liability, and power plant insurance products. It markets and sells its products through various branches. The company was incorporated in 1996 and is headquartered in Dhaka, Bangladesh.
Metrics to compare | PRIN | Peers Peers - average of corresponding metrics from companies closely matching PRIN: ICICL, PIONEERINS, NORTHRNINS, AGRANINS, BNICL | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipPRINPeersSector |
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P/E Ratio | 19.6x | 18.5x | 9.8x | |
PEG Ratio | −1.24 | 0.18 | 0.03 | |
Price/Book | 1.6x | 1.3x | 1.0x | |
Price / LTM Sales | 1.5x | 2.7x | 2.9x | |
Upside (Analyst Target) | - | 0.0% | 9.9% | |
Fair Value Upside | Unlock | 22.2% | 0.9% | Unlock |