P/E ratio for Kinsale Capital Group (KNSL)
P/E ratio as of April 2024 (TTM): 38.2
According to Kinsale Capital Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.2012. At the end of 2022 the company had a P/E ratio of 37.5.
P/E ratio history for Kinsale Capital Group from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 37.5 | 6% |
| 2021 | 35.3 | -30.23% |
| 2020 | 50.7 | 46.53% |
| 2019 | 34.6 | 0.2% |
| 2018 | 34.5 | -8.74% |
| 2017 | 37.8 | 40.05% |
| 2016 | 27.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ProAssurance PRA | 73.3 | 91.97% | 🇺🇸 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.