The price-to-earnings ratio for Hagerty stock stands at 50.04 as of Nov 22, 2024. This results from the current EPS of $0.23 and stock price of $11.51. An increase of 12% has been recorded in the P/E ratio compared to the average of 44.9 of the last 4 quarters.
Over the last four years, the average PE ratio of Hagerty has been 70.56. The current 50.04 PE ratio is 29% below the historical average. In the past four years, HGTY's PE ratio was at its highest in the Mar 2023 quarter at 291.33, with a price of $8.74 and an EPS of $0.03. The Jun 2021 quarter recorded the bottom point at 0.19, with a price of $9.85 and an EPS of N/A.
Maximum annual increase: 90.4% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 41.05 | 90.4% |
2022 | 21.56 | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
Currently, HGTY's PE ratio is lower than the 3-year average.
HGTY's PE ratio is higher than its peer stocks PGR and ORI. Hagerty's current PE ratio of 50.04 is comparable to the average of its peer group, which is 15.99.
Stock name | PE ratio | Market cap |
---|---|---|
NMIH NMI Holdings Inc | 8.7 | $3.06B |
ORI Old Republic International Corp | 10.84 | $9.79B |
PGR Progressive Corp | 19.28 | $155.86B |
PLMR Palomar Holdings Inc | 25.13 | $2.87B |
HGTY Hagerty Inc | 50.04 | $3.93B |
NODK NI Holdings Inc | N/A | $344.83M |
The price to earnings ratio for HGTY stock as of Nov 22, 2024, stands at 50.04.
The 3-year average PE ratio for HGTY stock is 80.62.
The highest quarterly PE ratio in the last four years has been 291.33 and it was in the Mar 2023 quarter.
HGTY's price to earnings ratio is currently 29% below its 4-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 22, 2024), Hagerty's stock price is $11.51. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.23. Therefore, Hagerty's P/E ratio for today is 50.04. PE RATIO(50.04) = STOCK PRICE($11.51) / TTM EPS($0.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.