According to ProAssurance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 87.1262. At the end of 2022 the company had a P/E ratio of < -1000.
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 |
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.