P/E ratio for Donegal Group (DGICA)

P/E ratio history for Donegal Group from 2003 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
The Travelers Companies TRV	25.4	-48.21%	🇺🇸 USA
Chubb CB	17.0	-65.31%	🇨🇭 Switzerland
RLI Corp. RLI	24.3	-50.54%	🇺🇸 USA
FedNat Holding Company FNHC	0.0000	-100.00%	🇺🇸 USA
State Auto Financial STFC	31.7	-35.36%	🇺🇸 USA
W. R. Berkley WRB	11.5	-76.60%	🇺🇸 USA
Cincinnati Financial CINF	12.8	-73.99%	🇺🇸 USA
United Fire Group UFCS	-19.3	-139.24%	🇺🇸 USA
Markel MKL	11.3	-76.91%	🇺🇸 USA
Erie Indemnity ERIE	61.2	24.74%	🇺🇸 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.