BusinessWeek Logo
November 23, 2009 11:05 AM ET

Porto Seguro SA

(PSSA3:Sao Paulo Stock Exchange)

Market Cap
2.5B
Total Revenue
6.5B
EBITDA
681.4M
DILUTED EPS TTM
1.26
P/E
15.4x
P/S
0.7x
Return On Asset
4.52
Return On Equity
13.81
K = Thousands  M = Millions  B = Billions

PSSA3 Details

Porto Seguro S.A., through its subsidiaries, provides various insurance products and services. The company offers automobiles, health, assets, personal accidents, life and pension, and transport insurance products. It sells its products to individuals, families, companies, and governmental agencies in Brazil and Uruguay. The company was founded in 1945 and is headquartered in Sao Paulo, Brazil.

Founded in 1945

PSSA3 Top Compensated Officers

People Page No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

Key developments for Porto Seguro SA (PSSA3)

Porto Seguro SA Announces Earnings Results for the Third Quarter of 2009

Porto Seguro SA announced earnings results for the third quarter of 2009. The company reported earnings of BRL 73.3 million ($43.0 million), slipping 2.3% from third quarter 2008, as underwriting took a hit in July. In its financial results, the company pointed to the increase in the overall loss ratio to 58.4% in third quarter 2009 from 54.8% in third quarter 2008, as well as a 2.2% decline in financial income due to mark-to-market accounting on fixed-income investments.

Itaú Unibanco Holding SA and Porto Seguro SA Expect to Launch New Insurance Joint-Venture

Itaú Unibanco Holding SA and Porto Seguro SA expect to launch a new insurance joint-venture. The deal needs approval from shareholders, insurance regulator Susep and Brazilian antitrust regulator SBDC. Itaú Unibanco will transfer all of its current relevant insurance business to the new entity in return for a 30% stake.

Porto Seguro Uruguay Reports Earnings Results First Half Year of 2009

Porto Seguro Uruguay reported earnings results first half year of 2009. For the period, the company reported UYU 41.9 million ($1.87 million) profit compared to a UYU 12.3 million loss in the same period 2008. Porto Seguro Uruguay narrowed operating losses to UYU 6.20 million from UYU 40.5 million in the year-ago period.

Stock Quotes

Company Lookup
Recently Viewed
CAG $22.58 USD +0.23
LTBG (DE) €3.70 EUR +0.23
VEL (GB) 190.00 GBX +7.00
TFSL $11.18 USD +0.12
FNT (AU) A$0.03 AUD +0.004

Market data is delayed at least 20 minutes.

PSSA3 Competitors

Company Last Change
View Industry Companies
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation PSSA3 Industry Range
Price/Earnings 15.4x
Price/Sales 0.7x
Price/Book 2.1x
Price/Cash Flow 15.5x
TEV/Sales 0.0x

PSSA3

 | 

PSSA3 transactions

Type
Date
Target
Merger/Acquisition
August 23, 2009
Itaú Unibanco Holding SA, Residence and Automobile Insurance Operations
View More PSSA3 Transactions...

Companies Toolbox

Company Tools
Investing Tools

SEARCH FOR JOBS

Post a Job
See all Job Listings

Jobs by SimplyHired



Close Recommend A Data Enhancement Or Correction

For Porto Seguro SA (PSSA3) Snapshot

Submitting this data update / error report instantly puts the correct information in the hands of our researcher, who will investigate your report and, if necessary, make the changes to the company profile. Be sure to fill out the form completely.

Required Information Missing - Please enter your information in the following field(s):
DATA TO BE REVIEWED
Page Section*

Please indicate in which section the error appears. Section headers are in light gray type at the top of each CIC page module.

Data Point*

Please indicate which data is in error.

CONTACT INFORMATION

Please provide your name and email address in case our researchers need to get in touch with you as they investigate the error.

Your Name*
Your E-Mail Address*
YOUR RECOMMENDATION

Describe why you feel the data point is incorrect and indicate sources our researchers should check when they investigate the error.

Cancel Submit
You can drag this form within your browser window.

Thank you for submitting your information. We investigate data update requests and error reports as quickly as possible. Since some are easier to investigate than others, please be patient as we perform our research; it could take several weeks, depending on the nature of the error and whether your company is public or private.

You can drag this form within your browser window.