National General Insurance Company
NGI.AE
#7683
Rank
ยฃ0.16 B
Marketcap
ยฃ1.00
Share price
-2.04%
Change (1 day)
68.99%
Change (1 year)

P/E ratio for National General Insurance Company (NGI.AE)

P/E ratio as of September 2024 (TTM): 8.57

According to National General Insurance Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.57044. At the end of 2022 the company had a P/E ratio of 8.09.

P/E ratio history for National General Insurance Company from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.0934.07%
20216.03-6.46%
20206.45-61.29%
201916.792.5%
20188.6610.23%
20177.85-11.26%
20168.85-59%
201521.6143.44%
20148.8734.96%
20136.57-70.51%
201222.3-30.48%
201132.163.17%
201019.6

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.