How to buy PSC Insurance Group shares | A$2.98

PSC Insurance Group Limited is an insurance brokers business based in Australia. PSC Insurance Group shares (PSI) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $2.98 – an increase of 4.56% over the previous week. PSC Insurance Group has a trailing 12-month revenue of around $174.1 million.

How to buy shares in PSC Insurance Group

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for PSC Insurance Group . Find the share by name or ticker symbol: PSI. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until PSC Insurance Group reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $2.98, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of PSC Insurance Group . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted PSC Insurance Group 's share price?

Since the stock market crash in March caused by coronavirus, PSC Insurance Group 's share price has had significant negative movement.

Its last market close was $2.98, which is 5.40% down on its pre-crash value of $3.15 and 45.37% up on the lowest point reached during the March crash when the shares fell as low as $2.05.

If you had bought $1,000 worth of PSC Insurance Group shares at the start of February 2020, those shares would have been worth $764.33 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $949.04.

PSC Insurance Group share price

Use our graph to track the performance of PSI stocks over time.

PSC Insurance Group shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$2.98
52-week range	AUDA$2.05 - AUDA$3.36
50-day moving average	AUDA$2.8253
200-day moving average	AUDA$2.5615
Target price	AUDA$3.13
PE ratio	43.8462
Dividend yield	AUDA$0.09 (3.16%)
Earnings per share (TTM)	AUDA$0.065

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy PSC Insurance Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of PSC Insurance Group Limited by TradingView

PSC Insurance Group price performance over time

Historical closes compared with the close of A$2.98 on 2020-10-21

1 week (2020-10-14)	5.30%
1 month (2020-09-22)	3.11%
3 months (2020-07-21)	17.79%
6 months (2020-04-21)	27.35%

1 year (2019-10-21)	6.43%
2 years (2018-10-19)	0.34%
3 years (2017-10-20)	6.43%
5 years (2015-10-18)	N/A

Is PSC Insurance Group under- or over-valued?

Valuing PSC Insurance Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PSC Insurance Group 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

PSC Insurance Group 's P/E ratio

PSC Insurance Group 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 44x. In other words, PSC Insurance Group shares trade at around 44x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

PSC Insurance Group 's EBITDA

PSC Insurance Group 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $54 million.

The EBITDA is a measure of a PSC Insurance Group 's overall financial performance and is widely used to measure a its profitability.

PSC Insurance Group financials

Revenue TTM	$174.1 million
Operating margin TTM	26.13%
Gross profit TTM	$83.5 million
Return on assets TTM	5.53%
Return on equity TTM	9.47%
Profit margin	10.27%
Book value	0.843
Market capitalisation	$868.6 million

TTM: trailing 12 months

PSC Insurance Group share dividends

Dividend payout ratio: 150% of net profits

Recently PSC Insurance Group has paid out, on average, around 150% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.16% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), PSC Insurance Group shareholders could enjoy a 3.16% return on their shares, in the form of dividend payments. In PSC Insurance Group 's case, that would currently equate to about A$0.09 per share.

PSC Insurance Group 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 21 September 2020 (the "ex-dividend date").

PSC Insurance Group share price volatility

Over the last 12 months, PSC Insurance Group 's shares have ranged in value from as little as $2.05 up to $3.36. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while PSC Insurance Group 's is 0.8199. This would suggest that PSC Insurance Group 's shares are less volatile than average (for this exchange).

PSC Insurance Group overview

PSC Insurance Group Limited provides insurance services in Australia, the United Kingdom, and New Zealand. The company operates through four segments: Distribution, Agency, United Kingdom, and Group. The company is involved in insurance broking, reinsurance, and underwriting agency operations. It also engages in life insurance broking, online travel and medical indemnity, and wholesale and retail insurance broking activities. The company provides workers compensation consulting services. PSC Insurance Group Limited was incorporated in 2010 and is based in East Melbourne, Australia.

Frequently asked questions

• What percentage of PSC Insurance Group is owned by insiders or institutions?

  Currently 61.246% of PSC Insurance Group shares are held by insiders and 4.42% by institutions.

• When does the fiscal year end for PSC Insurance Group ?

  PSC Insurance Group 's fiscal year ends in June.

• Where is PSC Insurance Group based?

  PSC Insurance Group 's address is: 96 Wellington Parade, East Melbourne, VIC, Australia, 3002

• What is PSC Insurance Group 's ISIN number?

  PSC Insurance Group 's international securities identification number is: AU000000PSI6