As of May 2, 2024, the RGA stock has a PE ratio of 14.06. The calculation is based on the latest EPS of $13.6 and the stock price of $191.18 per share. An increase of 11% has been observed in the PE ratio compared to its average of 12.6 of the last four quarters.
The mean historical PE ratio of Reinsurance Group Of America over the last ten years is 10.59. The current 14.06 P/E ratio is 33% higher than the historical average. Looking back at the last ten years, RGA's PE ratio peaked in the Dec 2022 quarter at 18.38, with a price of $142.09 and an EPS of $7.73. The Jun 2018 quarter marked the lowest point at 4.91, with a price of $133.48 and an EPS of $27.16.
Maximum annual increase: 189.91% in 2022
Maximum annual decrease: -65.26% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.9 | -35.26% |
| 2022 | 18.38 | 189.91% |
| 2021 | 6.34 | -65.26% |
| 2020 | 18.25 | 55.32% |
| 2019 | 11.75 | -5.7% |
| 2018 | 12.46 | 126.13% |
| 2017 | 5.51 | -52.21% |
| 2016 | 11.53 | 1.77% |
| 2015 | 11.33 | 27.73% |
| 2014 | 8.87 | -33.31% |
RGA's current PE ratio is higher than the 3, 5 and 10-year averages.
RGA's PE ratio stands higher than its peer stock UNM.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UNM Unum Group | 7.64 | $9.79B |
| RGA Reinsurance Group Of America Inc | 14.06 | $12.57B |
| MHLD Maiden Holdings Ltd | N/A | $222.04M |
| PRE Prenetics Global Limited | N/A | $65.05M |
The price to earnings ratio for RGA stock is 14.06 as of May 2, 2024.
As an average over the last 3 years, RGA stock has a PE ratio of 10.95.
As an average over the last 5 years, RGA stock has a PE ratio of 11.51.
The highest quarterly PE ratio in the last ten years has been 18.38 and it was in the Dec 2022 quarter.
RGA's current price to earnings ratio is 33% above its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 2, 2024), Reinsurance Group Of America's share price is $191.18. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $13.6. Therefore, Reinsurance Group Of America's PE ratio for today is 14.06. PE RATIO(14.06) = STOCK PRICE($191.18) / TTM EPS($13.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.