P/E ratio for Assured Guaranty (AGO)
P/E ratio as of April 2024 (TTM): 14.9
According to Assured Guaranty's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.8724. 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 |
|---|---|---|
| 2022 | 30.6 | 239.53% |
| 2021 | 9.02 | 23.75% |
| 2020 | 7.29 | -39.05% |
| 2019 | 12.0 | 46.84% |
| 2018 | 8.14 | 43.8% |
| 2017 | 5.66 | -0.13% |
| 2016 | 5.67 | 54.28% |
| 2015 | 3.68 | -7.77% |
| 2014 | 3.99 | -24.85% |
| 2013 | 5.30 | -82.05% |
| 2012 | 29.6 | 851.49% |
| 2011 | 3.11 | -53.84% |
| 2010 | 6.73 | -80.62% |
| 2009 | 34.7 | 35.27% |
| 2008 | 25.7 | -531.47% |
| 2007 | -5.95 | -148.54% |
| 2006 | 12.3 | 23.11% |
| 2005 | 9.96 | 23.51% |
| 2004 | 8.06 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Essent Group ESNT | 8.59 | -42.27% | 🇧🇲 Bermuda |
 MBIA MBI | -1.35 | -109.10% | 🇺🇸 USA |
 Arch Capital ACGL | 11.4 | -23.23% | 🇧🇲 Bermuda |
 Radian Group
RDN | 7.70 | -48.24% | 🇺🇸 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.