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IGIC International General Insurance Holdings PE ratio, current and historical analysis

As at Jun 18, 2024, the IGIC stock has a price-to-earnings ratio of 5.38. This is based on the current EPS of $2.73 and the stock price of $14.69 per share. An increase of 17% has been recorded in the P/E ratio compared to the average of 4.6 of the last 4 quarters.

IGIC PE ratio history

How has IGIC's PE ratio performed in the past

The mean historical PE ratio of International General Insurance Holdings over the last seven years is 71.87. The current 5.38 PE ratio is 93% below the historical average. In the past seven years, IGIC's PE ratio was at its highest in the Sep 2018 quarter at 1,025, with a price of $10.25 and an EPS of $0.01. The Jun 2023 quarter recorded the bottom point at 3.53, with a price of $8.94 and an EPS of $2.53.

Average
71.87
Median
9.18
Minimum
3.53
Maximum
1,025

International General Insurance Holdings PE ratio by year

Maximum annual increase: 38.24% in 2019

Maximum annual decrease: -47.76% in 2022

Year PE ratio Change
2023 4.99 15.51%
2022 4.32 -47.76%
2021 8.27 -39.59%
2020 13.69 -10.05%
2019 15.22 38.24%
2018 11.01 N/A
2017 N/A N/A
2016 N/A N/A

IGIC average PE ratio chart

What is the average PE ratio of IGIC for the past years

The current PE ratio of IGIC is lower than the 3 and 5-year averages.

3-year avg
6.21
5-year avg
8.06
10-year avg
N/A
15-year avg
N/A

IGIC PE vs peers

What is IGIC's PE ratio compared to its peers

IGIC's PE ratio is lower than its peer stocks PGR and ORI.

Stock name PE ratio Market cap
IGIC International General Insurance Holdings Ltd 5.34 $675.17M
ORI Old Republic International Corp 11.73 $8.29B
PGR Progressive Corp 21.47 $123.21B
PLMR Palomar Holdings Inc 22.88 $2.03B
NODK NI Holdings Inc 60.56 $312.33M

Frequently asked questions

What is International General Insurance Holdings's PE ratio?

The price to earnings ratio for IGIC stock as of Jun 18, 2024, stands at 5.38.

What is the 3-year average PE ratio for International General Insurance Holdings (IGIC)?

The average PE ratio for IGIC stock over the past 3 years is 6.21.

What is the 5-year average PE ratio for International General Insurance Holdings (IGIC)?

The average PE ratio for IGIC stock over the past 5 years is 8.06.

What is the highest PE ratio for IGIC?

Over the last seven years, the quarterly PE ratio reached a historic high of 1,025 in the Sep 2018 quarter.

How does the current PE ratio for IGIC compare to its historical average?

IGIC's current price to earnings ratio is 93% below its 7-year historical average.

Why is International General Insurance Holdings's PE ratio so low?

IGIC's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

How is IGIC's PE ratio calculated (International General Insurance Holdings PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 18, 2024), International General Insurance Holdings's stock price is $14.69. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.73. Therefore, International General Insurance Holdings's P/E ratio for today is 5.38. PE RATIO(5.38) = STOCK PRICE($14.69) / TTM EPS($2.73)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.