GLRE Greenlight Capital Re PE ratio, current and historical analysis
The current price-to-earnings ratio for Greenlight Capital Re stock as of Oct 14, 2024 is 7.11. This is calculated based on the current EPS of $1.94 and the stock price of $13.79 per share. The PE ratio has increased by 52% from the past four quarters average of 4.7.
GLRE PE ratio history
The average historical PE ratio of Greenlight Capital Re for the last ten years is 16.12. The current P/E ratio of 7.11 is 56% lower than the historical average. In the past ten years, GLRE's PE ratio peaked in the Dec 2020 quarter at 66.45, when the stock price was $7.31 and the EPS was $0.11. The lowest point was in the Sep 2023 quarter, when it reached 3.51 with a price of $10.74 and an EPS of $3.06.
Greenlight Capital Re PE ratio by year
Maximum annual increase: 102% in 2014
Maximum annual decrease: -76.87% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 4.48 | -58.79% |
| 2022 | 10.87 | -29.28% |
| 2021 | 15.37 | -76.87% |
| 2020 | 66.45 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | 19 | N/A |
| 2015 | N/A | N/A |
| 2014 | 11.11 | 102% |
GLRE average PE ratio chart
GLRE's current P/E ratio is lower than the 3, 5 and 10-year averages.
GLRE PE vs peers
In comparison to its peer stock RNR, GLRE's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RNR Renaissancere Holdings Ltd | 5.37 | $14.68B |
| GLRE Greenlight Capital Re Ltd | 7.14 | $489.02M |
| MHLD Maiden Holdings Ltd | N/A | $171.61M |
| PRE Prenetics Global Limited | N/A | $61.11M |
Frequently asked questions
What is Greenlight Capital Re's PE ratio?
GLRE stock has a price to earnings ratio of 7.11 as of Oct 14, 2024.
What is the 3-year average PE ratio for Greenlight Capital Re (GLRE)?
The average PE ratio for GLRE stock over the past 3 years is 12.78.
What is the 5-year average PE ratio for Greenlight Capital Re (GLRE)?
The average PE ratio for GLRE stock over the past 5 years is 15.14.
What is the highest PE ratio for GLRE?
In the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 66.45.
How does the current PE ratio for GLRE compare to its historical average?
The current price to earnings ratio of GLRE is 56% lower than the 10-year historical average.
Why is Greenlight Capital Re's PE ratio so low?
GLRE's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
How is GLRE's PE ratio calculated (Greenlight Capital Re PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Oct 14, 2024), Greenlight Capital Re's stock price is $13.79. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.94. Therefore, Greenlight Capital Re's PE ratio for today is 7.11. PE RATIO(7.11) = STOCK PRICE($13.79) / TTM EPS($1.94)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.