Alleghany
Y
#1454
Rank
$11.40 B
Marketcap
$847.79
Share price
0.00%
Change (1 day)
21.06%
Change (1 year)

P/E ratio for Alleghany (Y)

P/E ratio as of April 2024 (TTM): 49.2

According to Alleghany's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.2043. At the end of 2021 the company had a P/E ratio of 9.00.

P/E ratio history for Alleghany from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20219.00-89.29%
202084.0522.83%
201913.5-94.26%
2018235130.64%
2017102395.97%
201620.549.19%
201513.820.97%
201411.47.54%
201310.640.17%
20127.55-55.66%
201117.023.34%
201013.848.14%
20099.32-47.63%
200817.861.46%
200711.0-7.93%
200612.0-72.01%
200542.8130.85%
200418.581.65%
200310.2-56.72%
200223.6280.51%
20016.19

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.5-68.42%๐Ÿ‡บ๐Ÿ‡ธ USA
4.42-91.02%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
11.8-76.06%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
5.89-88.03% Cayman Islands
11.7-76.21%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.