P/E ratio for Everest Group (EG)
P/E ratio as of May 2024 (TTM): 7.21
According to Everest Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.21423. At the end of 2019 the company had a P/E ratio of 11.1.
P/E ratio history for Everest Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2019 | 11.1 | -87.79% |
| 2018 | 91.1 | 364.91% |
| 2017 | 19.6 | 117.17% |
| 2016 | 9.02 | 10.01% |
| 2015 | 8.20 | 26.05% |
| 2014 | 6.51 | 7% |
| 2013 | 6.08 | -12.72% |
| 2012 | 6.97 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Maiden Holdings
MHLD | 12.2 | 69.42% | 🇧🇲 Bermuda |
 Arch Capital ACGL | 12.4 | 72.08% | 🇧🇲 Bermuda |
 RenaissanceRe
RNR | 7.28 | 0.91% | 🇧🇲 Bermuda |
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.