P/E ratio for Unum (UNM)
P/E ratio as of April 2024 (TTM): 8.14
According to Unum's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.13942. At the end of 2022 the company had a P/E ratio of 6.33.
P/E ratio history for Unum from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.33 | 3.85% |
| 2021 | 6.10 | 3.12% |
| 2020 | 5.91 | 6.24% |
| 2019 | 5.56 | -55.11% |
| 2018 | 12.4 | -0.85% |
| 2017 | 12.5 | 12.71% |
| 2016 | 11.1 | 16.97% |
| 2015 | 9.48 | -57.31% |
| 2014 | 22.2 | 105.19% |
| 2013 | 10.8 | 65.89% |
| 2012 | 6.53 | -70.26% |
| 2011 | 21.9 | 144.04% |
| 2010 | 8.99 | 18.87% |
| 2009 | 7.57 | -33.69% |
| 2008 | 11.4 | -7.92% |
| 2007 | 12.4 | -22.48% |
| 2006 | 16.0 | 22.96% |
| 2005 | 13.0 | -163.04% |
| 2004 | -20.6 | 88.92% |
| 2003 | -10.9 | -203.34% |
| 2002 | 10.6 | -10.76% |
| 2001 | 11.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Aflac AFL | 10.6 | 30.40% | 🇺🇸 USA |
 Assurant AIZ | 17.3 | 113.15% | 🇺🇸 USA |
 Principal PFG | 11.7 | 43.93% | 🇺🇸 USA |
 Voya Financial
VOYA | 10.5 | 28.72% | 🇺🇸 USA |
 CNO Financial Group
CNO | 13.3 | 63.54% | 🇺🇸 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.