P/E ratio for Uniqa Insurance Group (UN9.F)
P/E ratio as of May 2024 (TTM): 12.0
According to Uniqa Insurance Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.996. At the end of 2019 the company had a P/E ratio of 16.4.
P/E ratio history for Uniqa Insurance Group from 2009 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2019 | 16.4 | 61.24% |
| 2018 | 10.2 | -35.82% |
| 2017 | 15.8 | 6.77% |
| 2016 | 14.8 | 117.2% |
| 2015 | 6.83 | -17.81% |
| 2014 | 8.31 | 12.04% |
| 2013 | 7.42 | -44.19% |
| 2012 | 13.3 | -348.87% |
| 2011 | -5.34 | -111.12% |
| 2010 | 48.0 | -29.4% |
| 2009 | 68.0 |
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.