Assurant
AIZ
#1498
Rank
HK$90.28 B
Marketcap
HK$1,760
Share price
0.41%
Change (1 day)
37.73%
Change (1 year)

P/E ratio for Assurant (AIZ)

P/E ratio as of November 2024 (TTM): 22.9

According to Assurant's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.9046. At the end of 2022 the company had a P/E ratio of 24.8.

P/E ratio history for Assurant from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.8268.4%
20216.74-65.2%
202019.4-13.47%
201922.44.04%
201821.5102.12%
201710.63.55%
201610.3-73.34%
201538.5266.04%
201410.51.04%
201310.469.65%
20126.14-16.09%
20117.32-52.12%
201015.388.74%
20098.102.05%
20087.94-35.23%
200712.325.52%
20069.76-20.77%
200512.32.43%
200412.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.2-46.89%๐Ÿ‡บ๐Ÿ‡ธ USA
16.3-29.05%๐Ÿ‡บ๐Ÿ‡ธ USA
31.5 37.64%๐Ÿ‡บ๐Ÿ‡ธ USA
14.8-35.38%๐Ÿ‡บ๐Ÿ‡ธ USA
20.6-9.94%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7-44.46%๐Ÿ‡บ๐Ÿ‡ธ USA
25.2 10.17%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.