Assurant
AIZ
#1918
Rank
$6.61 B
Marketcap
$125.22
Share price
-2.54%
Change (1 day)
-20.40%
Change (1 year)

P/E ratio for Assurant (AIZ)

P/E ratio as of November 2022 (TTM): 21.2

According to Assurant's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.152. 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
202115.2-21.59%
202019.4-13.47%
201922.44.04%
201821.5102.12%
201710.63.55%
201610.3-73.34%
201538.5266.04%
201410.51.04%
201310.469.65%
20126.14

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.01-57.41%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-39.25%๐Ÿ‡บ๐Ÿ‡ธ USA
28.1 32.98%๐Ÿ‡บ๐Ÿ‡ธ USA
4.37-79.34%๐Ÿ‡บ๐Ÿ‡ธ USA
6.98-67.02%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7 21.39%๐Ÿ‡บ๐Ÿ‡ธ USA
5.72-72.96%๐Ÿ‡บ๐Ÿ‡ธ 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.