RLI Corp.
RLI
#2195
Rank
$6.80 B
Marketcap
$148.77
Share price
0.89%
Change (1 day)
15.12%
Change (1 year)

P/E ratio for RLI Corp. (RLI)

P/E ratio as of May 2024 (TTM): 23.3

According to RLI Corp. 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3308. At the end of 2022 the company had a P/E ratio of 10.2.

P/E ratio history for RLI Corp. from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.2-43.75%
202118.2-39.27%
202029.942.27%
201921.0-55.93%
201847.787.27%
201725.55.78%
201624.122.71%
201519.624.97%
201415.7-4.9%
201316.524.28%
201213.312.13%
201111.836.53%
20108.67-29.3%
200912.3-26.98%
200816.8121.31%
20077.59-27.2%
200610.4-12.17%
200511.9-17.17%
200414.38.68%
200313.2-14.9%
200215.59.19%
200114.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.7-32.76%๐Ÿ‡บ๐Ÿ‡ธ USA
23.4 0.49%๐Ÿ‡บ๐Ÿ‡ธ USA
4.34-81.40%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
13.1-43.83%๐Ÿ‡บ๐Ÿ‡ธ USA
11.8-49.37%๐Ÿ‡บ๐Ÿ‡ธ USA
12.4-46.79%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
7.36-68.46%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-56.70%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2-51.80%๐Ÿ‡บ๐Ÿ‡ธ 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.