P/E ratio for James River Group (JRVR)
P/E ratio as of April 2024 (TTM): 9.38
According to James River Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.375. At the end of 2022 the company had a P/E ratio of 35.4.
P/E ratio history for James River Group from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.4 | -737.22% |
| 2021 | -5.56 | -101.81% |
| 2020 | 307 | 846.68% |
| 2019 | 32.4 | 90.04% |
| 2018 | 17.1 | -36.84% |
| 2017 | 27.0 | 65.91% |
| 2016 | 16.3 | -9.15% |
| 2015 | 17.9 | 23.33% |
| 2014 | 14.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Loews Corporation
L | 13.0 | 38.18% | 🇺🇸 USA |
 United Fire Group UFCS | -20.2 | -315.52% | 🇺🇸 USA |
 NMI Holdings
NMIH | 8.30 | -11.44% | 🇺🇸 USA |
 Greenlight Reinsurance GLRE | 5.76 | -38.55% | Cayman Islands |
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.