AXIS Capital
AXS
#2524
Rank
$5.31 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$62.30
Share price
-0.54%
Change (1 day)
2.60%
Change (1 year)

P/E ratio for AXIS Capital (AXS)

P/E ratio as of February 2024 (TTM): 9.93

According to AXIS Capital 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.9271. At the end of 2022 the company had a P/E ratio of 23.9.

P/E ratio history for AXIS Capital from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.9204.48%
20217.84-128%
2020-28.0-258.25%
201917.7-99.66%
2018> 1000-51472.86%
2017-10.1-179.78%
201612.637.17%
20159.1933.24%
20146.89-13.04%
20137.93-8.22%
20128.64-106.49%
2011-133-2616.36%
20105.29-37.6%
20098.48-28.94%
200811.9118.97%
20075.450.94%
20065.40-89.82%
200553.0525.89%
20048.476.46%
20037.96

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.72-32.28%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
11.1 11.72%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
7.35-25.94%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-2.48-124.96%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.