Assurant
AIZ
#1583
Rank
โ‚น927.76 B
Marketcap
โ‚น18,090
Share price
-1.94%
Change (1 day)
31.51%
Change (1 year)

P/E ratio for Assurant (AIZ)

P/E ratio as of December 2024 (TTM): 21.6

According to Assurant's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.6365. 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
11.7-46.03%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-32.01%๐Ÿ‡บ๐Ÿ‡ธ USA
29.6 36.58%๐Ÿ‡บ๐Ÿ‡ธ USA
13.5-37.76%๐Ÿ‡บ๐Ÿ‡ธ USA
19.4-10.15%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5-46.83%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8-3.81%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.