P/E ratio for Assurant (AIZ)
P/E ratio as of June 2023 (TTM): 28.1
According to Assurant's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.1314. At the end of 2021 the company had a P/E ratio of 15.2.
P/E ratio history for Assurant from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 15.2 | -21.59% |
| 2020 | 19.4 | -13.47% |
| 2019 | 22.4 | 4.04% |
| 2018 | 21.5 | 102.12% |
| 2017 | 10.6 | 3.55% |
| 2016 | 10.3 | -73.34% |
| 2015 | 38.5 | 266.04% |
| 2014 | 10.5 | 1.04% |
| 2013 | 10.4 | 69.65% |
| 2012 | 6.14 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Aflac AFL | 10.3 | -63.27% | 🇺🇸 USA |
 The Hartford HIG | 13.0 | -53.89% | 🇺🇸 USA |
 MetLife MET | 24.3 | -13.56% | 🇺🇸 USA |
 Principal PFG | 3.87 | -86.25% | 🇺🇸 USA |
 Unum UNM | 6.43 | -77.16% | 🇺🇸 USA |
 UnitedHealth UNH | 21.8 | -22.62% | 🇺🇸 USA |
 CNO Financial Group
CNO | 9.66 | -65.68% | 🇺🇸 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.