P/E ratio for National Western Life (NWLI)
P/E ratio as of April 2024 (TTM): 22.6
According to National Western Life's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.6208. At the end of 2022 the company had a P/E ratio of 4.35.
P/E ratio history for National Western Life from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.35 | 3.73% |
| 2021 | 4.20 | -46.92% |
| 2020 | 7.91 | 1.17% |
| 2019 | 7.82 | -14.18% |
| 2018 | 9.11 | -14.08% |
| 2017 | 10.6 | -4.28% |
| 2016 | 11.1 | 21.03% |
| 2015 | 9.15 | 0.69% |
| 2014 | 9.09 | 10.73% |
| 2013 | 8.21 | 36.21% |
| 2012 | 6.03 | -30.35% |
| 2011 | 8.65 | 7.25% |
| 2010 | 8.07 | -41.73% |
| 2009 | 13.8 | -22.92% |
| 2008 | 18.0 | 66.62% |
| 2007 | 10.8 | 1.53% |
| 2006 | 10.6 | 10.05% |
| 2005 | 9.65 | 98.72% |
| 2004 | 4.85 | -50.51% |
| 2003 | 9.81 | 21.99% |
| 2002 | 8.04 | -3.76% |
| 2001 | 8.35 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lincoln National Corporation LNC | 3.71 | -83.58% | 🇺🇸 USA |
 American Equity Investment Life Holding AEL | 9.03 | -60.09% | 🇺🇸 USA |
 Primerica
PRI | 16.8 | -25.81% | 🇺🇸 USA |
 FBL Financial Group
FFG | N/A | N/A | 🇺🇸 USA |
 Citizens Inc CIA | 10.2 | -54.76% | 🇺🇸 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.