P/E ratio for The Hartford (HIG)
P/E ratio as of April 2024 (TTM): 13.1
According to The Hartford's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.0778. At the end of 2022 the company had a P/E ratio of 13.7.
P/E ratio history for The Hartford from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.7 | 33.73% |
| 2021 | 10.2 | -0.35% |
| 2020 | 10.2 | -3.45% |
| 2019 | 10.6 | -37.45% |
| 2018 | 17.0 | -353.01% |
| 2017 | -6.71 | -110.37% |
| 2016 | 64.7 | 501.43% |
| 2015 | 10.8 | -52.55% |
| 2014 | 22.7 | -93.12% |
| 2013 | 329 | -371.32% |
| 2012 | -121 | -331.58% |
| 2011 | 52.4 | 396.69% |
| 2010 | 10.6 | -237.48% |
| 2009 | -7.68 | 331.98% |
| 2008 | -1.78 | -119% |
| 2007 | 9.36 | -10.67% |
| 2006 | 10.5 | -6.85% |
| 2005 | 11.2 | 17.43% |
| 2004 | 9.57 | -110.7% |
| 2003 | -89.4 | -889.46% |
| 2002 | 11.3 | -61.23% |
| 2001 | 29.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Assurant AIZ | 17.3 | 32.66% | 🇺🇸 USA |
 Chubb CB | 14.4 | 9.89% | 🇨🇭 Switzerland |
 Selective Insurance SIGI | 19.3 | 47.64% | 🇺🇸 USA |
 Hallmark Financial Services HALL | -0.0156 | -100.12% | 🇺🇸 USA |
 American Financial Group
AFG | 12.3 | -5.88% | 🇺🇸 USA |
 RLI Corp.
RLI | 21.7 | 65.85% | 🇺🇸 USA |
 Arch Capital ACGL | 11.5 | -12.21% | 🇧🇲 Bermuda |
 Genworth Financial
GNW | 6.00 | -54.12% | 🇺🇸 USA |
 AEGON
AEG | -6.97 | -153.31% | 🇳🇱 Netherlands |
 XL Fleet XL | -2.48 | -118.95% | 🇺🇸 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.