P/E ratio for Employers Holdings (EIG)
P/E ratio as of May 2024 (TTM): 9.69
According to Employers Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.68539. At the end of 2022 the company had a P/E ratio of 24.1.
P/E ratio history for Employers Holdings from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.1 | 146.31% |
| 2021 | 9.78 | 24.9% |
| 2020 | 7.83 | -8.08% |
| 2019 | 8.52 | -12.7% |
| 2018 | 9.76 | -31.63% |
| 2017 | 14.3 | 18.61% |
| 2016 | 12.0 | 29.62% |
| 2015 | 9.29 | 26% |
| 2014 | 7.37 | -52.5% |
| 2013 | 15.5 | 160.09% |
| 2012 | 5.97 | -57.13% |
| 2011 | 13.9 | 21.8% |
| 2010 | 11.4 | 35.55% |
| 2009 | 8.43 | 5.23% |
| 2008 | 8.01 | 11.23% |
| 2007 | 7.20 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Aflac AFL | 11.1 | 14.44% | 🇺🇸 USA |
 The Hartford HIG | 13.1 | 35.40% | 🇺🇸 USA |
 The Travelers Companies TRV | 22.8 | 135.37% | 🇺🇸 USA |
 AMERISAFE AMSF | 14.0 | 44.24% | 🇺🇸 USA |
 Markel MKL | 10.6 | 8.96% | 🇺🇸 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.