P/E ratio for Allstate (ALL)
P/E ratio as of April 2024 (TTM): -21.3
According to Allstate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -21.3253. At the end of 2022 the company had a P/E ratio of -25.9.
P/E ratio history for Allstate from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -25.9 | -214.16% |
| 2021 | 22.7 | 264.58% |
| 2020 | 6.22 | -20.99% |
| 2019 | 7.87 | -38% |
| 2018 | 12.7 | 3.04% |
| 2017 | 12.3 | -21.22% |
| 2016 | 15.6 | 28.69% |
| 2015 | 12.2 | 10.35% |
| 2014 | 11.0 | -1.88% |
| 2013 | 11.2 | 31.58% |
| 2012 | 8.53 | -53.02% |
| 2011 | 18.2 | -3.77% |
| 2010 | 18.9 | -0.78% |
| 2009 | 19.0 | -279.33% |
| 2008 | -10.6 | -258.94% |
| 2007 | 6.67 | -19.17% |
| 2006 | 8.25 | -60.32% |
| 2005 | 20.8 | 83.76% |
| 2004 | 11.3 | 1.55% |
| 2003 | 11.1 | -37.93% |
| 2002 | 18.0 | -14.21% |
| 2001 | 20.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lincoln National Corporation LNC | 3.77 | -117.66% | 🇺🇸 USA |
 Progressive PGR | 45.4 | -312.89% | 🇺🇸 USA |
 Prudential Financial PRU | 37.1 | -273.84% | 🇺🇸 USA |
 Unum UNM | 8.14 | -138.17% | 🇺🇸 USA |
 The Travelers Companies TRV | 22.5 | -205.53% | 🇺🇸 USA |
 Safety Insurance
SAFT | 37.2 | -274.45% | 🇺🇸 USA |
 Horace Mann Educators HMN | -161 | 654.55% | 🇺🇸 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.