According to RLI Corp. 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.2769. At the end of 2022 the company had a P/E ratio of 10.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.2 | -43.75% |
2021 | 18.2 | -39.27% |
2020 | 29.9 | 42.27% |
2019 | 21.0 | -55.93% |
2018 | 47.7 | 87.27% |
2017 | 25.5 | 5.78% |
2016 | 24.1 | 22.71% |
2015 | 19.6 | 24.97% |
2014 | 15.7 | -4.9% |
2013 | 16.5 | 24.28% |
2012 | 13.3 | 12.13% |
2011 | 11.8 | 36.53% |
2010 | 8.67 | -29.3% |
2009 | 12.3 | -26.98% |
2008 | 16.8 | 121.31% |
2007 | 7.59 | -27.2% |
2006 | 10.4 | -12.17% |
2005 | 11.9 | -17.17% |
2004 | 14.3 | 8.68% |
2003 | 13.2 | -14.9% |
2002 | 15.5 | 9.19% |
2001 | 14.2 |
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.