P/E ratio for Universal Insurance Holdings (UVE)
P/E ratio as of May 2024 (TTM): 8.46
According to Universal Insurance Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.45992. At the end of 2022 the company had a P/E ratio of -14.5.
P/E ratio history for Universal Insurance Holdings from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -14.5 | -156.32% |
| 2021 | 25.8 | -2.83% |
| 2020 | 26.5 | 23.12% |
| 2019 | 21.5 | 90.21% |
| 2018 | 11.3 | 27.06% |
| 2017 | 8.91 | -10.6% |
| 2016 | 9.96 | 31.98% |
| 2015 | 7.55 | -19.88% |
| 2014 | 9.42 | 8.04% |
| 2013 | 8.72 | 51.36% |
| 2012 | 5.76 | -19.51% |
| 2011 | 7.16 | 39.67% |
| 2010 | 5.13 | -33.63% |
| 2009 | 7.72 | 243.27% |
| 2008 | 2.25 | -53.85% |
| 2007 | 4.88 | -10.89% |
| 2006 | 5.47 | 34.99% |
| 2005 | 4.05 | -262.11% |
| 2004 | -2.50 | -52.66% |
| 2003 | -5.28 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 United Insurance Holdings UIHC | -3.95 | -146.63% | 🇺🇸 USA |
 State Auto Financial STFC | 31.7 | 274.87% | 🇺🇸 USA |
 Kingstone Companies KINS | -3.39 | -140.02% | 🇺🇸 USA |
 FedNat Holding Company
FNHC | 0.0000 | -100.00% | 🇺🇸 USA |
 Erie Indemnity ERIE | 44.5 | 426.07% | 🇺🇸 USA |
 HCI Group
HCI | -50.8 | -700.27% | 🇺🇸 USA |
 Old Republic International
ORI | 9.58 | 13.27% | 🇺🇸 USA |
 Hilltop Holdings HTH | 18.3 | 115.99% | 🇺🇸 USA |
 Heritage Insurance HRTG | -21.0 | -348.23% | 🇺🇸 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.