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People's Insurance (COL:PINS.N0000) EBIT : රු1,062 Mil (TTM As of Sep. 2023)


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What is People's Insurance EBIT?

People's Insurance's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was රු239 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was රු1,062 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. People's Insurance's annualized ROC % for the quarter that ended in Sep. 2023 was 5.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. People's Insurance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 21.82%.


People's Insurance EBIT Historical Data

The historical data trend for People's Insurance's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

People's Insurance EBIT Chart

People's Insurance Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial 847.02 938.11 1,687.46 1,180.65 1,039.16

People's Insurance Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 368.84 267.77 332.48 222.96 238.83

Competitive Comparison of People's Insurance's EBIT

For the Insurance - Property & Casualty subindustry, People's Insurance's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


People's Insurance's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, People's Insurance's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where People's Insurance's EV-to-EBIT falls into.



People's Insurance EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was රු1,062 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


People's Insurance  (COL:PINS.N0000) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

People's Insurance's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=955.32 * ( 1 - 33.44% )/( (10536.1366 + 11198.3716)/ 2 )
=635.860992/10867.2541
=5.85 %

where

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=11517.364 - 862.31 - ( 195.397 - 5% * 1529.592 )
=10536.1366

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=12047.676 - 807.489 - ( 118.859 - 5% * 1540.872 )
=11198.3716

Note: The EBIT data used here is four times the quarterly (Sep. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

People's Insurance's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=1062.031/4867.704
=21.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


People's Insurance EBIT Related Terms

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People's Insurance (COL:PINS.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Number 07, Havelock Road, Colombo, LKA, 05
People's Insurance PLC operates as a non-life insurance provider. The principal activity of the Company is carrying out non-life (general) insurance business for both individual and corporate customers. It operates through Motor, Marine, Fire, and Miscellaneous insurance segments. Motor insurance generates most of the revenue for a firm which consists of cover for motor vehicles against loss or damage caused by accidents, fire and theft and legal liability to third parties in the event of bodily injuries or property damage.

People's Insurance (COL:PINS.N0000) Headlines

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