As at Nov 21, 2024, the CINF stock has a P/E ratio of 7.9. This is based on the current EPS of $19.6 and the stock price of $154.85 per share. A decrease of 3% has been recorded in the PE ratio compared to the average of 8.1 of the past four quarters.
The mean historical PE ratio of Cincinnati Financial over the last ten years is 92.58. The current 7.9 price-to-earnings ratio is 91% less than the historical average. In the past ten years, CINF's PE ratio reached its highest point in the Mar 2023 quarter at 2,802, with a price of $112.08 and an EPS of $0.04. The Mar 2021 quarter saw the lowest point at 5.42, with a price of $103.09 and an EPS of $19.03.
Maximum annual increase: 273.11% in 2018
Maximum annual decrease: -80.47% in 2019
Year | PE ratio | Change |
---|---|---|
2023 | 8.81 | N/A |
2022 | N/A | N/A |
2021 | 6.18 | -46.59% |
2020 | 11.57 | 34.69% |
2019 | 8.59 | -80.47% |
2018 | 43.99 | 273.11% |
2017 | 11.79 | -44.12% |
2016 | 21.1 | 38% |
2015 | 15.29 | -5.33% |
2014 | 16.15 | -2.53% |
Currently, CINF's PE ratio is lower than the 3, 5 and 10-year averages.
When compared to its peer stocks CB and TRV, CINF's PE ratio is lower. Cincinnati Financial's PE ratio is trading below the peer group average of 16.92.
Stock name | PE ratio | Market cap |
---|---|---|
CINF Cincinnati Financial Corp | 7.9 | $24.21B |
HCC Warrior Met Coal Inc | 10.03 | $3.81B |
ORI Old Republic International Corp | 10.74 | $9.69B |
CB Chubb Ltd | 11.59 | $114.93B |
TRV Travelers Companies Inc | 13.22 | $59.21B |
AFG American Financial Group Inc | 13.48 | $12.07B |
UFCS United Fire Group Inc | 15.1 | $753.93M |
SIGI Selective Insurance Group Inc | 25.77 | $5.86B |
ERIE Erie Indemnity Co | 35.42 | $19.63B |
CINF stock has a price to earnings ratio of 7.9 as of Nov 21, 2024.
As an average over the last 3 years, CINF stock has a PE ratio of 290.69.
As an average over the last 5 years, CINF stock has a PE ratio of 175.82.
In the last ten years, the Mar 2023 quarter recorded the highest quarterly PE ratio at 2,802.
CINF's current price to earnings ratio is 91% below its 10-year historical average.
CINF's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Cincinnati Financial's stock price is $154.85. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $19.6. Therefore, Cincinnati Financial's price to earnings ratio for today is 7.9. PE RATIO(7.9) = STOCK PRICE($154.85) / TTM EPS($19.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.