P/E ratio for Markel (MKL)
P/E ratio as of June 2023 (TTM): 64.8
According to Markel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 64.7694. At the end of 2021 the company had a P/E ratio of 6.97.
P/E ratio history for Markel from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.97 | -62.4% |
| 2020 | 18.5 | 109.62% |
| 2019 | 8.85 | -108.15% |
| 2018 | -109 | -346.98% |
| 2017 | 44.0 | 52.67% |
| 2016 | 28.8 | 36.88% |
| 2015 | 21.0 | -31.05% |
| 2014 | 30.5 | 23.23% |
| 2013 | 24.8 | 48.3% |
| 2012 | 16.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 White Mountains Insurance Group WTM | 5.21 | -91.96% | 🇧🇲 Bermuda |
 Selective Insurance SIGI | 24.1 | -62.78% | 🇺🇸 USA |
 American Financial Group
AFG | 12.1 | -81.31% | 🇺🇸 USA |
 RLI Corp.
RLI | 9.41 | -85.48% | 🇺🇸 USA |
 Arch Capital ACGL | 13.4 | -79.25% | 🇧🇲 Bermuda |
 XL Fleet XL | -2.48 | -103.83% | 🇺🇸 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.