P/E ratio for Allstate (ALL)
P/E ratio as of February 2023 (TTM): -94.9
According to Allstate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -94.9333. At the end of 2021 the company had a P/E ratio of 22.7.
P/E ratio history for Allstate from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 22.7 | 264.58% |
| 2020 | 6.22 | -20.99% |
| 2019 | 7.87 | -42.96% |
| 2018 | 13.8 | 11.98% |
| 2017 | 12.3 | -21.22% |
| 2016 | 15.6 | 28.69% |
| 2015 | 12.2 | 10.35% |
| 2014 | 11.0 | |
| 2012 | 8.53 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lincoln National Corporation LNC | -2.88 | -96.97% | 🇺🇸 USA |
 Progressive PGR | < -1000 | 7,167.21% | 🇺🇸 USA |
 Prudential Financial PRU | 132 | -238.93% | 🇺🇸 USA |
 Unum UNM | 7.31 | -107.70% | 🇺🇸 USA |
 The Travelers Companies TRV | 15.6 | -116.41% | 🇺🇸 USA |
 Safety Insurance
SAFT | 23.5 | -124.75% | 🇺🇸 USA |
 Horace Mann Educators HMN | 25.9 | -127.28% | 🇺🇸 USA |
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.