Assured Guaranty
AGO
#2799
Rank
$4.79 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
$91.02
Share price
-0.57%
Change (1 day)
38.14%
Change (1 year)

P/E ratio for Assured Guaranty (AGO)

P/E ratio as of November 2024 (TTM): 17.1

According to Assured Guaranty's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.1466. At the end of 2022 the company had a P/E ratio of 30.6.

P/E ratio history for Assured Guaranty from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.6239.53%
20219.0223.75%
20207.29-39.05%
201912.046.84%
20188.1443.8%
20175.66-0.13%
20165.6754.28%
20153.68-7.77%
20143.99-24.85%
20135.30-82.05%
201229.6851.49%
20113.11-53.84%
20106.73-80.62%
200934.735.27%
200825.7-531.47%
2007-5.95-148.54%
200612.323.11%
20059.9623.51%
20048.06

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-1.20-106.98%๐Ÿ‡บ๐Ÿ‡ธ USA
8.86-48.32%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
8.74-49.01%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7-26.16%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.