P/E ratio for Zurich Insurance Group (ZURN.SW)
P/E ratio as of June 2023 (TTM): 41.7
According to Zurich Insurance Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.6781. At the end of 2021 the company had a P/E ratio of 11.6.
P/E ratio history for Zurich Insurance Group from 2009 to 2018
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 11.6 | -20.8% |
| 2020 | 14.7 | 1.92% |
| 2019 | 14.4 | 21.41% |
| 2018 | 11.9 | -21.18% |
| 2017 | 15.1 | 13.65% |
| 2016 | 13.3 | -37.65% |
| 2015 | 21.3 | 76.46% |
| 2014 | 12.0 | 25.25% |
| 2013 | 9.62 | 2.75% |
| 2012 | 9.36 | 11.81% |
| 2011 | 8.37 | -19.67% |
| 2010 | 10.4 | 1.86% |
| 2009 | 10.2 | -3.37% |
| 2008 | 10.6 | 22.48% |
| 2007 | 8.64 | -19.47% |
| 2006 | 10.7 | -16.9% |
| 2005 | 12.9 | 20.68% |
| 2004 | 10.7 | -11.76% |
| 2003 | 12.1 | -438.76% |
| 2002 | -3.58 | -94.53% |
| 2001 | -65.5 |
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.