The price-to-earnings ratio for Hagerty stock stands at 46.79 as of May 1, 2024. This results from the current EPS of $0.19 and stock price of $8.89.
Over the last three years, the average PE ratio of Hagerty has been 85.23. The current 46.79 PE ratio is 45% below the historical average. In the past three 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.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ORI Old Republic International Corp | 14.46 | $8.52B |
| PLMR Palomar Holdings Inc | 24.45 | $1.94B |
| PGR Progressive Corp | 31.73 | $122.82B |
| HGTY Hagerty Inc | 46.84 | $2.99B |
| NODK NI Holdings Inc | N/A | $306.76M |
The price to earnings ratio for HGTY stock as of May 1, 2024, stands at 46.79.
The 3-year average PE ratio for HGTY stock is 85.23.
The highest quarterly PE ratio in the last three years has been 291.33 and it was in the Mar 2023 quarter.
HGTY's price to earnings ratio is currently 45% below its 3-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 (May 1, 2024), Hagerty's stock price is $8.89. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.19. Therefore, Hagerty's P/E ratio for today is 46.79. PE RATIO(46.79) = STOCK PRICE($8.89) / TTM EPS($0.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.