The current P/E ratio for Employers Holdings stock as of May 6, 2024 is 9.09. This is calculated based on the current EPS of $4.73 and the stock price of $43.01 per share. The PE ratio has increased by 2.2% from the past four quarters average of 8.9.
The average historical PE ratio of Employers Holdings for the last ten years is 10.87. The current price-to-earnings ratio of 9.09 is 16% less than the historical average. In the past ten years, EIG's PE ratio reached its highest point in the Dec 2022 quarter at 24.51, when the stock price was $43.13 and the EPS was $1.76. The lowest point was recorded in the Jun 2014 quarter, when it reached 6.79 with a price of $21.18 and an EPS of $3.12.
Maximum annual increase: 149.85% in 2022
Maximum annual decrease: -64.14% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.79 | -64.14% |
| 2022 | 24.51 | 149.85% |
| 2021 | 9.81 | 22.17% |
| 2020 | 8.03 | -5.97% |
| 2019 | 8.54 | -12.5% |
| 2018 | 9.76 | -31.65% |
| 2017 | 14.28 | 18.6% |
| 2016 | 12.04 | 29.6% |
| 2015 | 9.29 | 26.05% |
| 2014 | 7.37 | -52.27% |
Currently, EIG's PE ratio is lower than the 3, 5 and 10-year averages.
EIG's PE ratio is less than its peer stocks TRV and AFL, but it is above MKL's. Employers Holdings is presently trading at a lower PE ratio (9.09) than its peer group average of 11.92.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MKL Markel Corp | 8.71 | $21B |
| EIG Employers Holdings Inc | 9.06 | $1.09B |
| AFL Aflac Inc | 9.26 | $48.12B |
| HIG Hartford Financial Services Group Inc | 11.14 | $29.38B |
| AMSF Amerisafe Inc | 14.76 | $912.17M |
| TRV Travelers Companies Inc | 15.97 | $49.68B |
As of May 6, 2024, EIG stock has a price to earnings ratio of 9.09.
The 3-year average PE ratio for EIG stock is 12.92.
The 5-year average PE ratio for EIG stock is 11.81.
Over the last ten years, the quarterly PE ratio reached a historic high of 24.51 in the Dec 2022 quarter.
The current price to earnings ratio of EIG is 16% lower than the 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 6, 2024), Employers Holdings's stock price is $43.01. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.73. Therefore, Employers Holdings's price to earnings ratio for today is 9.09. PE RATIO(9.09) = STOCK PRICE($43.01) / TTM EPS($4.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.