P/E ratio for United Insurance Holdings (UIHC)
P/E ratio as of April 2024 (TTM): -3.95
According to United Insurance Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.94527. At the end of 2022 the company had a P/E ratio of -0.0976.
P/E ratio history for United Insurance Holdings from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.0976 | -96.99% |
| 2021 | -3.24 | 27.4% |
| 2020 | -2.54 | -85.89% |
| 2019 | -18.0 | -101.08% |
| 2018 | > 1000 | 2983.13% |
| 2017 | 53.9 | -3.87% |
| 2016 | 56.1 | 323.01% |
| 2015 | 13.3 | 25.61% |
| 2014 | 10.6 | -4.81% |
| 2013 | 11.1 | 71.56% |
| 2012 | 6.46 | 14.56% |
| 2011 | 5.64 | -116.38% |
| 2010 | -34.4 | -444.44% |
| 2009 | 10.0 | 1119.23% |
| 2008 | 0.8202 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Allstate ALL | -20.5 | 420.75% | 🇺🇸 USA |
 Chubb CB | 14.3 | -461.52% | 🇨🇭 Switzerland |
 State Auto Financial STFC | 31.7 | -903.83% | 🇺🇸 USA |
 Kingstone Companies KINS | -3.30 | -16.38% | 🇺🇸 USA |
 FedNat Holding Company
FNHC | 0.0000 | -100.00% | 🇺🇸 USA |
 HCI Group
HCI | -48.8 | 1,138.16% | 🇺🇸 USA |
 Universal Insurance Holdings UVE | 7.92 | -300.85% | 🇺🇸 USA |
 Heritage Insurance HRTG | -18.9 | 379.52% | 🇺🇸 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.