P/E ratio for The Hartford (HIG)
P/E ratio as of September 2023 (TTM): 11.4
According to The Hartford's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3991. 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 |
|---|---|---|
| 2021 | 10.2 | -0.41% |
| 2020 | 10.3 | -3.41% |
| 2019 | 10.6 | -9.02% |
| 2018 | 11.7 | -282.72% |
| 2017 | -6.38 | |
| 2015 | 10.8 | -52.54% |
| 2014 | 22.7 | -77.82% |
| 2013 | 102 | 223.17% |
| 2012 | 31.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Assurant AIZ | 22.7 | 99.21% | 🇺🇸 USA |
 Chubb CB | 15.1 | 32.50% | 🇨🇭 Switzerland |
 Selective Insurance SIGI | 23.5 | 106.14% | 🇺🇸 USA |
 Hallmark Financial Services HALL | -0.0410 | -100.36% | 🇺🇸 USA |
 American Financial Group
AFG | 11.2 | -2.11% | 🇺🇸 USA |
 RLI Corp.
RLI | 8.78 | -22.96% | 🇺🇸 USA |
 Arch Capital ACGL | 13.4 | 17.83% | 🇧🇲 Bermuda |
 Genworth Financial
GNW | 5.93 | -47.99% | 🇺🇸 USA |
 AEGON
AEG | -5.75 | -150.46% | 🇳🇱 Netherlands |
 XL Fleet XL | -2.48 | -121.74% | 🇺🇸 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.