P/E ratio for United Fire Group (UFCS)
P/E ratio as of April 2024 (TTM): -20.2
According to United Fire Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -20.1871. At the end of 2022 the company had a P/E ratio of 45.9.
P/E ratio history for United Fire Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 45.9 | 537.97% |
| 2021 | 7.20 | -229.18% |
| 2020 | -5.57 | -107.44% |
| 2019 | 74.9 | 51.38% |
| 2018 | 49.5 | 119.83% |
| 2017 | 22.5 | -9.78% |
| 2016 | 24.9 | 131.43% |
| 2015 | 10.8 | -14.98% |
| 2014 | 12.7 | 32.84% |
| 2013 | 9.54 | -31.05% |
| 2012 | 13.8 | -100.35% |
| 2011 | < -1000 | -33955.22% |
| 2010 | 11.8 | -125.22% |
| 2009 | -46.7 | -24.78% |
| 2008 | -62.1 | -963% |
| 2007 | 7.20 | -31.57% |
| 2006 | 10.5 | -91.67% |
| 2005 | 126 | 1279.25% |
| 2004 | 9.16 | 15.07% |
| 2003 | 7.96 | -71.32% |
| 2002 | 27.8 | 132.7% |
| 2001 | 11.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cincinnati Financial
CINF | 10.4 | -151.62% | 🇺🇸 USA |
 Loews Corporation
L | 12.9 | -164.12% | 🇺🇸 USA |
 Chubb CB | 14.4 | -171.21% | 🇨🇭 Switzerland |
 The Travelers Companies TRV | 22.8 | -213.09% | 🇺🇸 USA |
 White Mountains Insurance Group WTM | 4.42 | -121.89% | 🇧🇲 Bermuda |
 American Financial Group
AFG | 12.5 | -161.91% | 🇺🇸 USA |
 RLI Corp.
RLI | 22.8 | -212.98% | 🇺🇸 USA |
 Arch Capital ACGL | 11.4 | -156.57% | 🇧🇲 Bermuda |
 Hanover Insurance Group THG | -54.7 | 170.86% | 🇺🇸 USA |
 CNA Financial CNA | 10.8 | -153.49% | 🇺🇸 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.