CNA Financial
CNA
#1356
Rank
$12.03 B
Marketcap
$44.44
Share price
2.54%
Change (1 day)
10.27%
Change (1 year)
CNA Financial Corporation is an American financial corporation providing a broad range of standard and specialized property and casualty insurance products and services for businesses and professional.

P/E ratio for CNA Financial (CNA)

P/E ratio as of April 2024 (TTM): 10.8

According to CNA Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.8239. At the end of 2022 the company had a P/E ratio of 16.6.

P/E ratio history for CNA Financial from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.666.6%
20219.98-34.86%
202015.325.94%
201912.2-17.64%
201814.8-7.56%
201716.022.4%
201613.0-34.27%
201519.831.43%
201415.122.51%
201312.32.98%
201212.01.58%
201111.8-0.67%
201011.9-45.62%
200921.8-257.93%
2008-13.8-228.24%
200710.88.48%
20069.93-76.94%
200543.1125.39%
200419.1-616.13%
2003-3.70-114.17%
200226.1-818.21%
2001-3.64

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.1 20.82%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7 17.01%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2 49.33%๐Ÿ‡บ๐Ÿ‡ธ USA
4.35-59.77%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-0.0156-100.14%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7 100.39%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 6.07%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
7.63-29.51%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.48-122.90%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.