P/E ratio for Genworth Financial (GNW)
P/E ratio as of April 2024 (TTM): 6.12
According to Genworth Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.12245. At the end of 2022 the company had a P/E ratio of 4.23.
P/E ratio history for Genworth Financial from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.23 | 86% |
| 2021 | 2.28 | -78.33% |
| 2020 | 10.5 | 64.66% |
| 2019 | 6.38 | -68.53% |
| 2018 | 20.3 | 961.9% |
| 2017 | 1.91 | -127.54% |
| 2016 | -6.93 | 130.29% |
| 2015 | -3.01 | -11.17% |
| 2014 | -3.39 | -124.86% |
| 2013 | 13.6 | 19.72% |
| 2012 | 11.4 | -86.1% |
| 2011 | 81.9 | -31.46% |
| 2010 | 119 | -1000.11% |
| 2009 | -13.3 | 196.2% |
| 2008 | -4.48 | -148.94% |
| 2007 | 9.15 | -21.86% |
| 2006 | 11.7 | -12.93% |
| 2005 | 13.5 | 13.12% |
| 2004 | 11.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lincoln National Corporation LNC | 3.96 | -35.27% | 🇺🇸 USA |
 MetLife MET | 26.4 | 331.99% | 🇺🇸 USA |
 Prudential Financial PRU | 38.5 | 528.11% | 🇺🇸 USA |
 Unum UNM | 8.33 | 36.03% | 🇺🇸 USA |
 Independence Holding Company
IHC | N/A | N/A | 🇺🇸 USA |
 CNO Financial Group
CNO | 13.9 | 127.57% | 🇺🇸 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.