Reason: Acquired by Berkshire Hathaway
Last recorded trade on: November 25, 2022
Source: https://www.businesswire.com/news/home/20221019005603/en/Berkshire-Hathaway-Completes-Acquisition-of-Alleghany-Corporation
P/E ratio for Alleghany (Y)
P/E ratio on November 25, 2022 (TTM): 49.2
According to Alleghany's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.2043. At the end of 2021 the company had a P/E ratio of 9.00.
P/E ratio history for Alleghany from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.00 | -89.29% |
| 2020 | 84.0 | 522.83% |
| 2019 | 13.5 | -94.26% |
| 2018 | 235 | 130.64% |
| 2017 | 102 | 395.97% |
| 2016 | 20.5 | 49.19% |
| 2015 | 13.8 | 20.97% |
| 2014 | 11.4 | 7.54% |
| 2013 | 10.6 | 40.17% |
| 2012 | 7.55 | -55.66% |
| 2011 | 17.0 | 23.34% |
| 2010 | 13.8 | 48.14% |
| 2009 | 9.32 | -47.63% |
| 2008 | 17.8 | 61.46% |
| 2007 | 11.0 | -7.93% |
| 2006 | 12.0 | -72.01% |
| 2005 | 42.8 | 130.85% |
| 2004 | 18.5 | 81.65% |
| 2003 | 10.2 | -56.72% |
| 2002 | 23.6 | 280.51% |
| 2001 | 6.19 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 14.0 | -71.51% | 🇺🇸 USA |
 | 4.36 | -91.14% | 🇧🇲 Bermuda |
 | 11.4 | -76.93% | 🇧🇲 Bermuda |
 | 6.23 | -87.33% | Cayman Islands |
 | 6.27 | -87.25% | 🇧🇲 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.