P/E ratio for American Financial Group (AFG)
P/E ratio as of October 2023 (TTM): 11.2
According to American Financial Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2465. At the end of 2021 the company had a P/E ratio of 5.84.
P/E ratio history for American Financial Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 5.84 | -43.12% |
| 2020 | 10.3 | -6.61% |
| 2019 | 11.0 | -27.72% |
| 2018 | 15.2 | -24.14% |
| 2017 | 20.1 | |
| 2015 | 18.0 | 50.22% |
| 2014 | 12.0 | 9.42% |
| 2013 | 10.9 | 45.24% |
| 2012 | 7.52 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cincinnati Financial
CINF | 12.0 | 6.84% | 🇺🇸 USA |
 The Hartford HIG | 11.4 | 1.41% | 🇺🇸 USA |
 Loews Corporation
L | 12.2 | 8.21% | 🇺🇸 USA |
 W. R. Berkley WRB | 14.1 | 25.76% | 🇺🇸 USA |
 Chubb CB | 15.1 | 34.49% | 🇨🇭 Switzerland |
 The Travelers Companies TRV | 17.6 | 56.72% | 🇺🇸 USA |
 Markel MKL | 10.7 | -4.45% | 🇺🇸 USA |
 RLI Corp.
RLI | 8.78 | -21.90% | 🇺🇸 USA |
 Warrior Met Coal
HCC | 5.71 | -49.22% | 🇺🇸 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.