The price-to-earnings ratio for American Coastal Insurance stock stands at 7.57 as of Nov 21, 2024. This is based on the current EPS of $1.76 and the stock price of $13.32 per share. An increase of 33% has been recorded in the P/E ratio compared to the average of 5.7 of the last 4 quarters.
Over the last ten years, the average PE ratio of American Coastal Insurance has been 160.29. The current 7.57 PE ratio is 95% below the historical average. In the past ten years, ACIC's PE ratio was at its highest in the Dec 2018 quarter at 1,662, with a price of $16.62 and an EPS of $0.01. The Dec 2023 quarter recorded the bottom point at 1.33, with a price of $9.46 and an EPS of $7.11.
Maximum annual increase: 2,501.35% in 2018
Maximum annual decrease: -4.57% in 2014
Year | PE ratio | Change |
---|---|---|
2023 | 1.33 | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | 1,662 | 2,501.35% |
2017 | 63.89 | 13.95% |
2016 | 56.07 | 322.85% |
2015 | 13.26 | 24.39% |
2014 | 10.66 | -4.57% |
Currently, ACIC's PE ratio is lower than the 10-year average.
ACIC's PE ratio is lower than its peer stocks PGR and ORI. American Coastal Insurance's current PE ratio of 7.57 is below the average of its peers, which is 15.91.
Stock name | PE ratio | Market cap |
---|---|---|
ACIC American Coastal Insurance Corp | 7.57 | $642.09M |
NMIH NMI Holdings Inc | 8.6 | $3.03B |
ORI Old Republic International Corp | 10.74 | $9.69B |
PGR Progressive Corp | 19.09 | $154.33B |
PLMR Palomar Holdings Inc | 25.21 | $2.88B |
NODK NI Holdings Inc | N/A | $340.5M |
ACIC's price to earnings ratio is 7.57 as of Nov 21, 2024.
In the last ten years, the Dec 2018 quarter recorded the highest quarterly PE ratio at 1,662.
ACIC's current price to earnings ratio is 95% below its 10-year historical average.
ACIC's PE ratio of 7.57 is considered low because the company's stock price is trading at a lower multiple of earnings.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), American Coastal Insurance's stock price is $13.32. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.76. Therefore, American Coastal Insurance's P/E ratio for today is 7.57. PE RATIO(7.57) = STOCK PRICE($13.32) / TTM EPS($1.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.