P/E ratio for RenaissanceRe (RNR)
P/E ratio as of May 2024 (TTM): 7.28
According to RenaissanceRe 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.28017. At the end of 2022 the company had a P/E ratio of -7.20.
P/E ratio history for RenaissanceRe from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.20 | -93.16% |
| 2021 | -105 | -1079.31% |
| 2020 | 10.7 | -10.2% |
| 2019 | 12.0 | -55.99% |
| 2018 | 27.2 | -236.97% |
| 2017 | -19.8 | -267.21% |
| 2016 | 11.9 | 0.32% |
| 2015 | 11.8 | 55.6% |
| 2014 | 7.60 | 18.38% |
| 2013 | 6.42 | -9.92% |
| 2012 | 7.13 | -115.81% |
| 2011 | -45.1 | -981.78% |
| 2010 | 5.11 | 29.64% |
| 2009 | 3.94 | -103.14% |
| 2008 | -126 | -1786.77% |
| 2007 | 7.46 | 33.2% |
| 2006 | 5.60 | -150.5% |
| 2005 | -11.1 | -141.28% |
| 2004 | 26.8 | 381.08% |
| 2003 | 5.58 | -26.49% |
| 2002 | 7.59 | -35.03% |
| 2001 | 11.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Everest Group EG | 7.21 | -0.91% | 🇧🇲 Bermuda |
 Maiden Holdings
MHLD | 12.2 | 67.88% | 🇧🇲 Bermuda |
 Old Republic International
ORI | 10.1 | 38.75% | 🇺🇸 USA |
 AXIS Capital
AXS | 11.2 | 53.79% | 🇧🇲 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.