The current P/E ratio for Employers Holdings stock as of Sep 28, 2023 is 8.91. This is calculated based on the current EPS of $4.59 and the stock price of $40.89 per share. The PE ratio has decreased by 45% from the past four quarters average of 16.3.
The average historical PE ratio of Employers Holdings for the last ten years is 10.97. The current price-to-earnings ratio of 8.91 is 19% 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 Sep 2013 quarter, when it reached 6.77 with a price of $29.74 and an EPS of $4.39.
Maximum annual increase: 155.21% in 2013
Maximum annual decrease: -52.27% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 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% |
| 2013 | 15.44 | 155.21% |
Currently, EIG's PE ratio is lower than the 3, 5 and 10-year averages.
EIG's PE ratio is below its peer stocks AFL and TRV. Employers Holdings is presently trading at a lower PE ratio (8.91) than its peer group average of 13.01.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EIG Employers Holdings Inc | 8.8 | $1.05B |
| AFL Aflac Inc | 10.19 | $45.65B |
| MKL Markel Corp | 10.6 | $19.66B |
| HIG Hartford Financial Services Group Inc | 11.3 | $21.74B |
| AMSF Amerisafe Inc | 14.7 | $958.81M |
| TRV Travelers Companies Inc | 17.27 | $37.56B |
As of Sep 28, 2023, EIG stock has a price to earnings ratio of 8.91.
The 3-year average PE ratio for EIG stock is 12.77.
The 5-year average PE ratio for EIG stock is 11.82.
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 19% 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 (Sep 28, 2023), Employers Holdings's stock price is $40.89. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $4.59. Therefore, Employers Holdings's price to earnings ratio for today is 8.91. PE RATIO(8.91) = STOCK PRICE($40.89) / TTM EPS($4.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.