The Hartford
HIG
#737
Rank
$20.77 B
Marketcap
$64.29
Share price
-0.85%
Change (1 day)
-11.24%
Change (1 year)
The Hartford Financial Services Group,, is one of the largest investment and insurance companies in the United States. The company offers a range of financial products, including life insurance, company pension, automobile and home insurance, and commercial property and casualty insurance.

P/E ratio for The Hartford (HIG)

P/E ratio as of October 2022 (TTM): 10.4

According to The Hartford's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3995. At the end of 2021 the company had a P/E ratio of 10.2.

P/E ratio history for The Hartford from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202110.2-0.41%
202010.3-3.41%
201910.6-9.02%
201811.7-282.72%
2017-6.38
201510.8-52.54%
201422.7-77.82%
2013102223.17%
201231.6

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.