According to Hiscox's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2514.7. At the end of 2021 the company had a P/E ratio of 19.8.
Year | P/E ratio | Change |
---|---|---|
2021 | 19.8 | -242.12% |
2020 | -14.0 | -113.28% |
2019 | 105 | 113.65% |
2018 | 49.2 | -66.73% |
2017 | 148 | 1592.99% |
2016 | 8.73 | -29.33% |
2015 | 12.4 | 42.44% |
2014 | 8.67 | 8.22% |
2013 | 8.02 | 18.31% |
2012 | 6.78 | -87.79% |
2011 | 55.5 | 743.83% |
2010 | 6.58 | 98.89% |
2009 | 3.31 | -79.14% |
2008 | 15.9 | 323.42% |
2007 | 3.75 | -13.97% |
2006 | 4.35 | -60.14% |
2005 | 10.9 |
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.