P/E ratio for Global Indemnity (GBLI)
P/E ratio as of May 2024 (TTM): 12.0
According to Global Indemnity's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0458. At the end of 2022 the company had a P/E ratio of -233.
P/E ratio history for Global Indemnity from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -233 | -1955.15% |
| 2021 | 12.6 | -165.04% |
| 2020 | -19.3 | -420.76% |
| 2019 | 6.02 | -166.82% |
| 2018 | -9.01 | -88.2% |
| 2017 | -76.4 | -675.85% |
| 2016 | 13.3 | -14.05% |
| 2015 | 15.4 | 36.03% |
| 2014 | 11.3 | 10.34% |
| 2013 | 10.3 | -40.05% |
| 2012 | 17.2 | -209.87% |
| 2011 | -15.6 | -314.55% |
| 2010 | 7.28 | 57.59% |
| 2009 | 4.62 | -240.24% |
| 2008 | -3.29 | -144.14% |
| 2007 | 7.46 | -20.47% |
| 2006 | 9.38 | -5.98% |
| 2005 | 9.98 | -29.8% |
| 2004 | 14.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 W. R. Berkley WRB | 15.7 | 30.22% | 🇺🇸 USA |
 The Travelers Companies TRV | 23.4 | 94.64% | 🇺🇸 USA |
 Markel MKL | 11.8 | -1.93% | 🇺🇸 USA |
 RLI Corp.
RLI | 23.3 | 93.68% | 🇺🇸 USA |
 Warrior Met Coal
HCC | 7.36 | -38.92% | 🇺🇸 USA |
 XL Fleet XL | -2.48 | -120.57% | 🇺🇸 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.