The current P/E ratio for Genworth Financial stock as of Oct 2, 2023 is 6.06. This is calculated based on the TTM EPS of $0.98 and the stock price of $5.94 per share. The PE ratio has increased by 40% from its last 4 quarters average of 4.3.
The average historical PE ratio of Genworth Financial for the last ten years is 8.99. The current price-to-earnings ratio of 6.06 is 33% less than the historical average. Analyzing the last ten years, GNW's PE ratio reached its highest point in the Sep 2019 quarter at 62.86, when the price was $4.4 and the EPS was $0.07. The lowest point was recorded in the Jun 2021 quarter, when it reached 1.77 with a price of $3.9 and an EPS of $2.2.
Maximum annual increase: 922.11% in 2018
Maximum annual decrease: -78.89% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 4.37 | 91.67% |
| 2021 | 2.28 | -78.89% |
| 2020 | 10.8 | 66.92% |
| 2019 | 6.47 | -66.68% |
| 2018 | 19.42 | 922.11% |
| 2017 | 1.9 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
| 2013 | 13.74 | 20.74% |
The current PE ratio of GNW is above its 3-year average, but it is under its 5 and 10-year averages.
When compared to its peer stocks MET and PRU, GNW's PE ratio is lower. Genworth Financial's PE ratio is trading below the peer average of 18.45.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GNW Genworth Financial Inc | 5.81 | $2.64B |
| UNM Unum Group | 6.58 | $9.34B |
| CNO CNO Financial Group Inc | 11.78 | $2.58B |
| MET Metlife Inc | 23.29 | $45.02B |
| PRU Prudential Financial Inc | 30.03 | $32.92B |
| AAME Atlantic American Corp | 191 | $38.97M |
| LNC Lincoln National Corp | N/A | $3.92B |
| PL Planet Labs PBC | N/A | $719.86M |
GNW's price to earnings ratio is 6.06 as of Oct 2, 2023.
Over the last 3 years, the average PE ratio for GNW stock is 3.84.
Over the last 5 years, the average PE ratio for GNW stock is 9.97.
Over the last ten years, the Sep 2019 quarter recorded the highest quarterly PE ratio at 62.86.
The current PE ratio of GNW is 33% lower than the 10-year historical average.
GNW's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
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 (Oct 2, 2023), Genworth Financial's share price is $5.94. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $0.98. Therefore, Genworth Financial's price to earnings ratio for today is 6.06. PE RATIO(6.06) = STOCK PRICE($5.94) / TTM EPS($0.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.