P/E ratio for Primerica (PRI)
P/E ratio as of May 2024 (TTM): 16.8
According to Primerica 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.801. At the end of 2022 the company had a P/E ratio of 12.3.
P/E ratio history for Primerica from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.3 | -24.22% |
| 2021 | 16.3 | 16.99% |
| 2020 | 13.9 | -7.76% |
| 2019 | 15.1 | 13.69% |
| 2018 | 13.3 | 0.27% |
| 2017 | 13.2 | -12.31% |
| 2016 | 15.1 | 18.6% |
| 2015 | 12.7 | -22.81% |
| 2014 | 16.5 | 10.69% |
| 2013 | 14.9 | 38.02% |
| 2012 | 10.8 | -1.99% |
| 2011 | 11.0 | 40.37% |
| 2010 | 7.85 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Allstate ALL | -21.4 | -227.64% | 🇺🇸 USA |
 Lincoln National Corporation LNC | 3.77 | -77.55% | 🇺🇸 USA |
 MetLife MET | 25.9 | 53.87% | 🇺🇸 USA |
 FBL Financial Group
FFG | N/A | N/A | 🇺🇸 USA |
 Citizens Inc CIA | 11.5 | -31.41% | 🇺🇸 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.