P/E ratio for ProAssurance (PRA)
P/E ratio as of April 2024 (TTM): 73.3
According to ProAssurance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 73.334. At the end of 2022 the company had a P/E ratio of < -1000.
P/E ratio history for ProAssurance from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | < -1000 | -15968.86% |
| 2021 | 9.46 | -273.48% |
| 2020 | -5.45 | -100.22% |
| 2019 | > 1000 | 5245.9% |
| 2018 | 46.4 | 63.55% |
| 2017 | 28.4 | 43.37% |
| 2016 | 19.8 | -13.63% |
| 2015 | 22.9 | 67.97% |
| 2014 | 13.6 | 35.62% |
| 2013 | 10.1 | 7.04% |
| 2012 | 9.40 | 10.66% |
| 2011 | 8.49 | 2.15% |
| 2010 | 8.31 | 4.78% |
| 2009 | 7.93 | -18.23% |
| 2008 | 9.70 | -9.9% |
| 2007 | 10.8 | 60.28% |
| 2006 | 6.72 | -48.06% |
| 2005 | 12.9 | -17.31% |
| 2004 | 15.6 | -34.8% |
| 2003 | 24.0 | -54.3% |
| 2002 | 52.5 | 49.32% |
| 2001 | 35.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Loews Corporation
L | 12.7 | -82.73% | 🇺🇸 USA |
 W. R. Berkley WRB | 16.2 | -77.96% | 🇺🇸 USA |
 The Travelers Companies TRV | 22.5 | -69.31% | 🇺🇸 USA |
 Hallmark Financial Services HALL | -0.0156 | -100.02% | 🇺🇸 USA |
 Markel MKL | 10.3 | -86.00% | 🇺🇸 USA |
 RLI Corp.
RLI | 21.7 | -70.42% | 🇺🇸 USA |
 Alleghany Y | 49.2 | -32.90% | 🇺🇸 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.