# HEI vs UAIL

[HEI](https://nepse.link/stocks/HEI) (Himalayan Everest Insurance Limited) and [UAIL](https://nepse.link/stocks/UAIL) (United Ajod Insurance Limited) are two of the most traded Non Life Insurance stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q4 FY 082/083.

HEI is ahead of UAIL on 5 of the 6 measures below. None of this is a recommendation; it is what the latest numbers say. HEI is the bigger company by market value (Rs 1,110.82 crore), 1.3 times UAIL (Rs 835.07 crore).

## Which is ahead on each measure

- HEI is cheaper on P/E (32.9 against 132.4 for UAIL).
- UAIL is cheaper on price to book (1.9 against 2.1 for HEI).
- HEI has done better over a year (-7.9% against -12.3% for UAIL).
- HEI declared the bigger latest dividend (8.00% for 081/082).
- HEI earns more on its equity (ROE 6.32% against 1.45%).
- HEI grew its net profit faster against the same quarter last year (-36.5% against -70.8% for UAIL).

## HEI and UAIL side by side

| Measure | HEI | UAIL |
| --- | --- | --- |
| Last close | Rs 444.30 | Rs 361.50 |
| Change, 1 month | -0.13% | +0.72% |
| Change, 1 year | -7.86% | -12.28% |
| EPS | Rs 13.51 | Rs 2.73 |
| P/E | 32.9 | 132.4 |
| Book value per share | Rs 213.94 | Rs 188.01 |
| Price to book | 2.08 | 1.92 |
| ROE | 6.32% | 1.45% |
| Net profit growth, same quarter last year | -36.5% | -70.8% |
| Latest dividend | 8.00% (081/082) | 4.51% (081/082) |
| Market value | Rs 1,110.82 crore | Rs 835.07 crore |
| Average daily turnover, 30 days | Rs 1.23 crore | Rs 0.47 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.67 (1 means they move in step, 0 means unrelated). That is high: holding both adds little diversification.

## More Non Life Insurance comparisons

- [HEI vs NICL](https://nepse.link/stocks/compare/HEI-vs-NICL)
- [HEI vs NLG](https://nepse.link/stocks/compare/HEI-vs-NLG)
- [HEI vs PRIN](https://nepse.link/stocks/compare/HEI-vs-PRIN)
- [NICL vs UAIL](https://nepse.link/stocks/compare/NICL-vs-UAIL)
- [NLG vs UAIL](https://nepse.link/stocks/compare/NLG-vs-UAIL)
- [PRIN vs UAIL](https://nepse.link/stocks/compare/PRIN-vs-UAIL)
- [Every Non Life Insurance stock](https://nepse.link/stocks/sector/non-life-insurance)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.