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People's Insurance (COL:PINS.N0000) Net Margin % : 9.53% (As of Sep. 2023)


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What is People's Insurance Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. People's Insurance's Net Income for the three months ended in Sep. 2023 was රු147 Mil. People's Insurance's Revenue for the three months ended in Sep. 2023 was රු1,541 Mil. Therefore, People's Insurance's net margin for the quarter that ended in Sep. 2023 was 9.53%.

The historical rank and industry rank for People's Insurance's Net Margin % or its related term are showing as below:

COL:PINS.N0000' s Net Margin % Range Over the Past 10 Years
Min: 9.05   Med: 14.35   Max: 19.12
Current: 9.05


COL:PINS.N0000's Net Margin % is ranked better than
55.56% of 486 companies
in the Insurance industry
Industry Median: 7.66 vs COL:PINS.N0000: 9.05

People's Insurance Net Margin % Historical Data

The historical data trend for People's Insurance's Net Margin % 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 Net Margin % Chart

People's Insurance Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial 13.34 10.49 19.12 16.30 9.76

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
Net Margin % 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 16.53 3.49 14.22 9.74 9.53

Competitive Comparison of People's Insurance's Net Margin %

For the Insurance - Property & Casualty subindustry, People's Insurance's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, People's Insurance's Net Margin % distribution charts can be found below:

* The bar in red indicates where People's Insurance's Net Margin % falls into.



People's Insurance Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

People's Insurance's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=635.959/6513.914
=9.76 %

People's Insurance's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=146.846/1540.872
=9.53 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


People's Insurance Net Margin % 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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