P/E ratio for American Equity Investment Life Holding (AEL)
P/E ratio as of May 2024 (TTM): 9.23
According to American Equity Investment Life Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.22712. At the end of 2022 the company had a P/E ratio of 2.44.
P/E ratio history for American Equity Investment Life Holding from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.44 | -71.39% |
| 2021 | 8.52 | 113.99% |
| 2020 | 3.98 | -64.23% |
| 2019 | 11.1 | 101.9% |
| 2018 | 5.51 | -64.85% |
| 2017 | 15.7 | -36.7% |
| 2016 | 24.8 | 186.55% |
| 2015 | 8.64 | -50.55% |
| 2014 | 17.5 | 156.42% |
| 2013 | 6.82 | -47.52% |
| 2012 | 13.0 | 81.1% |
| 2011 | 7.17 | -58.28% |
| 2010 | 17.2 | 186.53% |
| 2009 | 6.00 | -75.14% |
| 2008 | 24.1 | 48.5% |
| 2007 | 16.3 | 67.16% |
| 2006 | 9.72 | -18.04% |
| 2005 | 11.9 | -15.18% |
| 2004 | 14.0 | 103.42% |
| 2003 | 6.88 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Financial Group
AFG | 13.1 | 42.03% | 🇺🇸 USA |
 Voya Financial
VOYA | 11.4 | 23.03% | 🇺🇸 USA |
 National Western Life NWLI | 22.8 | 147.39% | 🇺🇸 USA |
 FBL Financial Group
FFG | N/A | N/A | 🇺🇸 USA |
 Citizens Inc CIA | 13.3 | 44.50% | 🇺🇸 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.