P/E ratio for Selective Insurance (SIGI)

P/E ratio history for Selective Insurance from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Progressive PGR	56.4	197.35%	🇺🇸 USA
The Travelers Companies TRV	27.3	44.12%	🇺🇸 USA
The Hartford HIG	15.8	-16.59%	🇺🇸 USA
Hanover Insurance Group THG	-67.4	-455.60%	🇺🇸 USA
W. R. Berkley WRB	12.1	-36.01%	🇺🇸 USA
Cincinnati Financial CINF	14.0	-26.38%	🇺🇸 USA
Markel MKL	11.8	-37.83%	🇺🇸 USA
Erie Indemnity ERIE	49.9	163.38%	🇺🇸 USA
H.B. Fuller FUL	28.7	51.26%	🇺🇸 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.