Sukoon Insurance PJSC provides insurance solutions to individuals and businesses in the United Arab Emirates. The company offers motor, life, health, home, travel, personal accident, jetski, yacht, and medical malpractice cover insurance products. It also offers marine, energy, fire and accident, aviation, and engineering insurance products, as well as takaful and privilege club insurance products. In addition, the company provides group health, business travel, trade credit, and life insurance. Further, it engages in management information technology and transaction processing activities. The company was formerly known as Oman Insurance Company P.S.C. and changed its name to Sukoon Insurance PJSC in January 2024. Sukoon Insurance PJSC was founded in 1975 and is headquartered in Dubai, the United Arab Emirates. Sukoon Insurance PJSC operates as a subsidiary of Mashreqbank PSC.
Metrics to compare | SUKOON | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipSUKOONPeersSector | |
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P/E Ratio | 5.4x | 8.2x | 9.1x | |
PEG Ratio | 0.96 | −0.04 | 0.03 | |
Price/Book | 0.5x | 1.1x | 1.0x | |
Price / LTM Sales | 0.5x | 1.1x | 2.7x | |
Upside (Analyst Target) | - | 30.6% | 13.7% | |
Fair Value Upside | Unlock | 6.1% | 2.9% | Unlock |