P/E ratio for Citizens Inc (CIA)
P/E ratio as of May 2024 (TTM): 13.3
According to Citizens Inc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3334. At the end of 2022 the company had a P/E ratio of 14.2.
P/E ratio history for Citizens Inc from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.2 | 97.89% |
| 2021 | 7.18 | -127.55% |
| 2020 | -26.0 | -88.42% |
| 2019 | -225 | 556.03% |
| 2018 | -34.3 | 259.3% |
| 2017 | -9.55 | -103.89% |
| 2016 | 246 | -291.45% |
| 2015 | -128 | 102.47% |
| 2014 | -63.3 | -172.38% |
| 2013 | 87.5 | -28.73% |
| 2012 | 123 | 115.4% |
| 2011 | 57.0 | 129.53% |
| 2010 | 24.8 | 17.89% |
| 2009 | 21.1 | -184.04% |
| 2008 | -25.1 | -186.12% |
| 2007 | 29.1 | -60.31% |
| 2006 | 73.3 | 74.92% |
| 2005 | 41.9 | 32.62% |
| 2004 | 31.6 | -70.03% |
| 2003 | 105 | 109.82% |
| 2002 | 50.3 | -39.99% |
| 2001 | 83.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Aflac AFL | 11.4 | -14.35% | 🇺🇸 USA |
 Manulife Financial MFC | 12.5 | -6.50% | 🇨🇦 Canada |
 Reinsurance Group of America
RGA | 13.6 | 1.99% | 🇺🇸 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.