P/E ratio for Principal (PFG)
P/E ratio as of June 2023 (TTM): 3.78
According to Principal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.77889. At the end of 2014 the company had a P/E ratio of 13.9.
P/E ratio history for Principal from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2014 | 13.9 | |
| 2012 | 11.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Aflac AFL | 10.2 | 169.90% | 🇺🇸 USA |
 Assurant AIZ | 27.8 | 635.98% | 🇺🇸 USA |
 Cigna CI | 11.9 | 214.36% | 🇺🇸 USA |
 CNO Financial Group
CNO | 9.37 | 147.91% | 🇺🇸 USA |
 AEGON
AEG | -35.8 | -1,046.10% | 🇳🇱 Netherlands |
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.