P/E ratio for Selective Insurance (SIGI)
P/E ratio as of April 2024 (TTM): 19.1
According to Selective Insurance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0555. 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 |
|---|---|---|
| 2022 | 24.8 | 98.61% |
| 2021 | 12.5 | -23.22% |
| 2020 | 16.3 | 14.11% |
| 2019 | 14.2 | -29.03% |
| 2018 | 20.1 | -1.01% |
| 2017 | 20.3 | 28.55% |
| 2016 | 15.8 | 36.18% |
| 2015 | 11.6 | 6.97% |
| 2014 | 10.8 | -23.6% |
| 2013 | 14.2 | -49.27% |
| 2012 | 27.9 | -35.42% |
| 2011 | 43.2 | 200.21% |
| 2010 | 14.4 | -39.58% |
| 2009 | 23.8 | -12.66% |
| 2008 | 27.3 | 231.28% |
| 2007 | 8.24 | -13.7% |
| 2006 | 9.55 | -1.28% |
| 2005 | 9.67 | 3.66% |
| 2004 | 9.33 | -27.81% |
| 2003 | 12.9 | -16.38% |
| 2002 | 15.5 | 24.48% |
| 2001 | 12.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cincinnati Financial
CINF | 10.4 | -45.30% | 🇺🇸 USA |
 The Hartford HIG | 12.9 | -32.40% | 🇺🇸 USA |
 Progressive PGR | 45.1 | 136.48% | 🇺🇸 USA |
 W. R. Berkley WRB | 15.3 | -19.69% | 🇺🇸 USA |
 The Travelers Companies TRV | 22.9 | 19.97% | 🇺🇸 USA |
 Erie Indemnity ERIE | 44.4 | 132.92% | 🇺🇸 USA |
 Markel MKL | 10.3 | -46.10% | 🇺🇸 USA |
 Hanover Insurance Group THG | -54.8 | -387.41% | 🇺🇸 USA |
 H.B. Fuller
FUL | 27.2 | 42.88% | 🇺🇸 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.