Selective Insurance
SIGI
#2595
Rank
$5.33 B
Marketcap
$87.66
Share price
1.51%
Change (1 day)
-14.36%
Change (1 year)

P/E ratio for Selective Insurance (SIGI)

P/E ratio as of July 2024 (TTM): 16.7

According to Selective Insurance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.689. At the end of 2022 the company had a P/E ratio of 24.8.

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

PE ratio at the end of each year

Year P/E ratio Change
202224.898.61%
202112.5-23.22%
202016.314.11%
201914.2-29.03%
201820.1-1.01%
201720.328.55%
201615.836.18%
201511.66.97%
201410.8-23.6%
201314.2-49.27%
201227.9-35.42%
201143.2200.21%
201014.4-39.58%
200923.8-12.66%
200827.3231.28%
20078.24-13.7%
20069.55-1.28%
20059.673.66%
20049.33-27.81%
200312.9-16.38%
200215.524.48%
200112.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
46.6 179.42%๐Ÿ‡บ๐Ÿ‡ธ USA
22.2 33.12%๐Ÿ‡บ๐Ÿ‡ธ USA
13.8-17.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-55.3-431.58%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4-37.46%๐Ÿ‡บ๐Ÿ‡ธ USA
11.3-32.40%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2-32.96%๐Ÿ‡บ๐Ÿ‡ธ USA
44.6 167.22%๐Ÿ‡บ๐Ÿ‡ธ USA
30.2 80.68%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.