RLI Corp.
RLI
#2091
Rank
$6.38 B
Marketcap
$139.99
Share price
0.01%
Change (1 day)
28.40%
Change (1 year)

P/E ratio for RLI Corp. (RLI)

P/E ratio as of September 2023 (TTM): 8.88

According to RLI Corp. 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.87916. At the end of 2021 the company had a P/E ratio of 18.2.

P/E ratio history for RLI Corp. from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202118.2-39.27%
202029.942.27%
201921.0-55.93%
201847.787.27%
201725.55.78%
201624.122.71%
201519.624.97%
201415.7-4.9%
201316.524.28%
201213.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.1 58.70%๐Ÿ‡บ๐Ÿ‡ธ USA
17.7 99.43%๐Ÿ‡บ๐Ÿ‡ธ USA
3.77-57.58%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
11.4 27.88%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9 22.56%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4 51.19%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
5.16-41.89%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3 16.03%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 29.01%๐Ÿ‡บ๐Ÿ‡ธ 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.