IGIC International General Insurance Holdings PE ratio, current and historical analysis
As at Nov 21, 2024, the IGIC stock has a price-to-earnings ratio of 8.48. This is based on the current EPS of $3.07 and the stock price of $26.02 per share. An increase of 57% has been recorded in the P/E ratio compared to the average of 5.4 of the last 4 quarters.
IGIC PE ratio history
The mean historical PE ratio of International General Insurance Holdings over the last seven years is 66.98. The current 8.48 PE ratio is 87% 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.
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
The current PE ratio of IGIC is greater than its 3 and 5-year historical averages.
IGIC PE vs peers
IGIC's PE ratio is lower than its peer stocks PGR and ORI. International General Insurance Holdings is presently trading at a lower PE ratio (8.48) than its peer group average of 15.91.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IGIC International General Insurance Holdings Ltd | 8.48 | $1.15B |
| 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 |
Frequently asked questions
What is International General Insurance Holdings's PE ratio?
The price to earnings ratio for IGIC stock as of Nov 21, 2024, stands at 8.48.
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 5.24.
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 7.92.
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 87% 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 (Nov 21, 2024), International General Insurance Holdings's stock price is $26.02. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.07. Therefore, International General Insurance Holdings's P/E ratio for today is 8.48. PE RATIO(8.48) = STOCK PRICE($26.02) / TTM EPS($3.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.