Ras Al Khaimah National Insurance Company P.S.C. provides insurance products and services for individuals and businesses in the United Arab Emirates. The company operates through Life and Medical; and Motor and General segments. It offers car, medical, travel, home, life, group life and medical, engineering, motor retail and fleet, property and general accident, and marine and aviation insurance products; and casualty insurance products comprising general and event liability, product and professional liability, and workers’ compensation insurance. The company was incorporated in 1974 and is headquartered in Ras al-Khaimah, the United Arab Emirates. Ras Al Khaimah National Insurance Company P.S.C. is a subsidiary of The National Bank of Ras Al-Khaimah (P.S.C.).
Metrics to compare | RAKNIC | Peers Peers - average of corresponding metrics from companies closely matching RAKNIC: AMAN, IH, SUKOONTAKAFL, FIDELITYUNITED, SALAMA | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipRAKNICPeersSector |
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P/E Ratio | 17.4x | 7.6x | 9.1x | |
PEG Ratio | 4.81 | 0.01 | 0.03 | |
Price/Book | 2.1x | 1.1x | 1.0x | |
Price / LTM Sales | 1.3x | 0.9x | 2.7x | |
Upside (Analyst Target) | - | 38.5% | 14.2% | |
Fair Value Upside | Unlock | 7.8% | 3.0% | Unlock |