The PE ratio for Selective Insurance Group stock stands at 16.91 as of May 3, 2024. The calculation is based on the latest EPS of $5.7 and the stock price of $96.41 per share. A decrease of 12% has been observed in the PE ratio compared to its average of 19.3 of the past four quarters.
Over the last ten years, the average PE ratio of Selective Insurance Group has been 16.3. The current 16.91 price-to-earnings ratio is 3.7% more than the historical average. Analyzing the last ten years, SIGI's PE ratio reached its highest point in the Mar 2018 quarter at 25.83, with a price of $60.7 and an EPS of $2.35. The Jun 2015 quarter saw the lowest point at 9.48, with a price of $28.05 and an EPS of $2.96.
Maximum annual increase: 98.4% in 2022
Maximum annual decrease: -31.71% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.95 | -31.71% |
| 2022 | 24.82 | 98.4% |
| 2021 | 12.51 | -23.06% |
| 2020 | 16.26 | 14.03% |
| 2019 | 14.26 | -28.88% |
| 2018 | 20.05 | -1.28% |
| 2017 | 20.31 | 29.28% |
| 2016 | 15.71 | 35.66% |
| 2015 | 11.58 | 7.42% |
| 2014 | 10.78 | -23.92% |
The current PE ratio of SIGI is above its 10-year average, but it is under its 3 and 5-year averages.
SIGI's PE ratio is less than its peer stocks PGR and ERIE, but it is above TRV's and HIG's. Selective Insurance Group is currently trading at a lower PE ratio (16.91) than its peers average of 18.12.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CINF Cincinnati Financial Corp | 7.73 | $18.31B |
| MKL Markel Corp | 8.53 | $20.56B |
| HIG Hartford Financial Services Group Inc | 10.98 | $28.95B |
| WRB Berkley W R Corp | 13.81 | $20.08B |
| TRV Travelers Companies Inc | 15.74 | $48.97B |
| SIGI Selective Insurance Group Inc | 16.91 | $5.86B |
| FUL Fuller H B Co | 27.18 | $4.19B |
| THG Hanover Insurance Group Inc | 29.44 | $4.8B |
| PGR Progressive Corp | 31.58 | $122.24B |
| ERIE Erie Indemnity Co | 37.54 | $18.02B |
The price to earnings ratio for SIGI stock is 16.91 as of May 3, 2024.
The 3-year average PE ratio for SIGI stock is 18.09.
The 5-year average PE ratio for SIGI stock is 17.17.
Over the last ten years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 25.83.
SIGI's current price to earnings ratio is 3.7% above its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (May 3, 2024), Selective Insurance Group's share price is $96.41. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.7. Therefore, Selective Insurance Group's price to earnings ratio for today is 16.91. PE RATIO(16.91) = STOCK PRICE($96.41) / TTM EPS($5.7)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.