P/E ratio for Maiden Holdings (MHLD)
P/E ratio as of April 2024 (TTM): 11.6
According to Maiden Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5833. At the end of 2022 the company had a P/E ratio of 3.35.
P/E ratio history for Maiden Holdings from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.35 | 48.85% |
| 2021 | 2.25 | -14.16% |
| 2020 | 2.62 | -655.66% |
| 2019 | -0.4717 | 96.4% |
| 2018 | -0.2402 | -91.45% |
| 2017 | -2.81 | -105.47% |
| 2016 | 51.3 | 371.58% |
| 2015 | 10.9 | -10.65% |
| 2014 | 12.2 | 35.96% |
| 2013 | 8.96 | -37.61% |
| 2012 | 14.4 | -34.43% |
| 2011 | 21.9 | 175.84% |
| 2010 | 7.94 | -5.64% |
| 2009 | 8.41 | -13.98% |
| 2008 | 9.78 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Everest Group EG | 6.80 | -41.33% | 🇧🇲 Bermuda |
 RenaissanceRe
RNR | 7.05 | -39.16% | 🇧🇲 Bermuda |
 Reinsurance Group of America
RGA | 12.4 | 6.69% | 🇺🇸 USA |
 AXIS Capital
AXS | 9.81 | -15.31% | 🇧🇲 Bermuda |
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.