P/E ratio for Argo Group (ARGO)
P/E ratio as of April 2024 (TTM): -5.25
According to Argo Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.25219. At the end of 2022 the company had a P/E ratio of -4.87.
P/E ratio history for Argo Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.87 | -98.91% |
| 2021 | -447 | 2119.66% |
| 2020 | -20.1 | -93.26% |
| 2019 | -299 | -931.04% |
| 2018 | 36.0 | -2.58% |
| 2017 | 36.9 | 173.37% |
| 2016 | 13.5 | 31.7% |
| 2015 | 10.3 | 30.12% |
| 2014 | 7.88 | -9.48% |
| 2013 | 8.71 | -47.57% |
| 2012 | 16.6 | -271.66% |
| 2011 | -9.67 | -175.68% |
| 2010 | 12.8 | 67.12% |
| 2009 | 7.65 | -54% |
| 2008 | 16.6 | 112.73% |
| 2007 | 7.82 | 29.62% |
| 2006 | 6.03 | -595.41% |
| 2005 | -1.22 | -239.74% |
| 2004 | 0.8710 | 205.94% |
| 2003 | 0.2847 | 151.19% |
| 2002 | 0.1133 | -196.73% |
| 2001 | -0.1172 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ProAssurance PRA | 73.8 | -1,505.86% | 🇺🇸 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.