Migdal Insurance & Financial stock: P/ E is 11.14 times at ILS 20.00

Migdal Insurance & Financial (ISIN IL0010811656) traded at ILS 20.00 on the Tel Aviv Stock Exchange at 3:46 p.m. IDT on October 20, 2026, up 0.15 percent from ILS 19.97. The valuation remains the clearest market measure, with a price-to-earnings ratio of 11.14 times as of October 20, 2026.

Quarterly revenue sets the base

For the second quarter of 2026, revenue reached ILS 3.18 billion and earnings per share stood at ILS 0.54, according to Investing.com in its results section dated August 17, 2026. The same page lists net income of ILS 1.90 billion and return on equity of 17.50 percent.

That period gives investors a concrete earnings anchor while the stock trades below its 52-week high of ILS 22.04. The current ILS 20.00 price is 9.26 percent below that high and 90.48 percent above the 52-week low of ILS 10.50, both measured on October 20, 2026.

What does the valuation imply?

Simply Wall St reported on October 15, 2026 that its valuation work used a 10.80 times earnings multiple for Migdal, compared with an 11.90 times average for direct peers. Its estimate also placed the shares at ILS 19.35 and an estimated value of ILS 21.93 in that analysis.

The current multiple of 11.14 times is higher than that October 15 measure but remains below the peer comparison cited by Simply Wall St. The comparison is descriptive rather than a forecast, because the cited analysis also identified governance concentration and the lack of a forward earnings estimate as counter-factors.

Peer prices add perspective

At 3:46 p.m. IDT on October 20, 2026, Harel Insurance Investments traded at ILS 194.40, with a P/E of 12.35 times and a market capitalization of ILS 39.9 billion. Phoenix Holdings stood at ILS 182.90, with a P/E of 13.96 times and a market capitalization of ILS 46.2 billion. Clal Insurance traded at ILS 293.00, with a P/E of 10.22 times and a market capitalization of ILS 23.7 billion.

Market position and reporting dates

Migdal is listed on the Tel Aviv Stock Exchange under ticker MGDL and operates in insurance, pension and financial services. The company was added to the TA-35 index in November 2025, according to MarketScreener. The latest reported results covered the quarter and six months ended June 30, 2026, and were published on August 17, 2026.

Stock valuation in one view

Migdal Insurance & Financial stock was at ILS 20.00 on the Tel Aviv Stock Exchange on October 20, 2026 at 3:46 p.m. IDT, up 0.15 percent versus the prior close of ILS 19.97.

Market context: Market report TA-35.

More news and analyses on Migdal Insurance & Financial stock

Migdal Insurance & Financial at a glance

• Company: Migdal Insurance and Financial Holdings Ltd.
• ISIN: IL0010811656
• Ticker: MGDL
• Primary exchange: Tel Aviv Stock Exchange
• Price on Tel Aviv Stock Exchange: ILS 20.00 as of October 20, 2026, 3:46 p.m. IDT
• Change versus prior close: plus 0.15 percent
• Prior close: ILS 19.97 on October 20, 2026
• Market capitalization: ILS 21.2 billion as of October 20, 2026
• 52-week range: ILS 10.50-22.04 as of October 20, 2026
• Sector / Industry: Financials / Insurance
• Index membership: TA-35