P/E ratio for American Financial Group (AFG)
P/E ratio as of May 2024 (TTM): 13.1
According to American Financial Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.1053. At the end of 2022 the company had a P/E ratio of 13.0.
P/E ratio history for American Financial Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.0 | 121.85% |
| 2021 | 5.87 | -43% |
| 2020 | 10.3 | -6.18% |
| 2019 | 11.0 | -27.6% |
| 2018 | 15.2 | -24.44% |
| 2017 | 20.1 | 69.95% |
| 2016 | 11.8 | -34.28% |
| 2015 | 18.0 | 50.22% |
| 2014 | 12.0 | 9.42% |
| 2013 | 10.9 | 45.24% |
| 2012 | 7.52 | -30.26% |
| 2011 | 10.8 | 48.2% |
| 2010 | 7.28 | 31.23% |
| 2009 | 5.54 | -58.56% |
| 2008 | 13.4 | 50.57% |
| 2007 | 8.89 | -5.22% |
| 2006 | 9.38 | -34.41% |
| 2005 | 14.3 | 123.26% |
| 2004 | 6.40 | 0.18% |
| 2003 | 6.39 | -65.92% |
| 2002 | 18.8 | -117.57% |
| 2001 | -107 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cincinnati Financial
CINF | 11.1 | -15.00% | 🇺🇸 USA |
 The Hartford HIG | 13.8 | 5.16% | 🇺🇸 USA |
 Loews Corporation
L | 13.2 | 1.04% | 🇺🇸 USA |
 W. R. Berkley WRB | 15.7 | 19.70% | 🇺🇸 USA |
 Chubb CB | 15.5 | 18.37% | 🇨🇭 Switzerland |
 The Travelers Companies TRV | 23.4 | 78.90% | 🇺🇸 USA |
 Markel MKL | 11.8 | -9.86% | 🇺🇸 USA |
 RLI Corp.
RLI | 23.3 | 78.03% | 🇺🇸 USA |
 Warrior Met Coal
HCC | 7.36 | -43.86% | 🇺🇸 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.