American Financial Group
AFG
#1593
Rank
ยฃ8.29 B
Marketcap
ยฃ98.84
Share price
-0.95%
Change (1 day)
10.76%
Change (1 year)

P/E ratio for American Financial Group (AFG)

P/E ratio as of November 2024 (TTM): 12.6

According to American Financial Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.595. At the end of 2022 the company had a P/E ratio of 13.0.

P/E ratio history for American Financial Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.0121.85%
20215.87-43%
202010.3-6.18%
201911.0-27.6%
201815.2-24.44%
201720.169.95%
201611.8-34.28%
201518.050.22%
201412.09.42%
201310.945.24%
20127.52-30.26%
201110.848.2%
20107.2831.23%
20095.54-58.56%
200813.450.57%
20078.89-5.22%
20069.38-34.41%
200514.3123.26%
20046.400.18%
20036.39-65.92%
200218.8-117.57%
2001-107

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.50-40.43%๐Ÿ‡บ๐Ÿ‡ธ USA
14.9 18.34%๐Ÿ‡บ๐Ÿ‡ธ USA
16.4 30.04%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
24.9 97.79%๐Ÿ‡บ๐Ÿ‡ธ USA
26.4 109.91%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6 8.27%๐Ÿ‡บ๐Ÿ‡ธ USA
13.3 5.49%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5-8.38%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-12.19%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.