P/E ratio for National General Insurance Company (NGI.AE)
P/E ratio as of May 2024 (TTM): 9.82
According to National General Insurance Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.82111. At the end of 2021 the company had a P/E ratio of 6.64.
P/E ratio history for National General Insurance Company from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.64 | -6.46% |
| 2020 | 7.10 | -61.29% |
| 2019 | 18.3 | 92.5% |
| 2018 | 9.52 | 10.23% |
| 2017 | 8.64 | -11.26% |
| 2016 | 9.74 | -59% |
| 2015 | 23.8 | 143.44% |
| 2014 | 9.76 | 34.96% |
| 2013 | 7.23 | -70.51% |
| 2012 | 24.5 | -30.48% |
| 2011 | 35.3 | 63.17% |
| 2010 | 21.6 |
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.