As of Nov 21, 2024, the Renaissancere Holdings stock's price-to-earnings ratio is 3.71. This results from the current EPS of $71.31 and stock price of $264.64. The P/E ratio has decreased by 12% from the past four quarters average of 4.2.
The PE ratio of Renaissancere Holdings has averaged 12.2 over the last ten years. The current PE ratio of 3.71 is 70% below the historical average. In the past ten years, RNR's PE ratio was at its highest in the Dec 2018 quarter at 27.23, when the stock price was $133.7 and the EPS was $4.91. The lowest value was in the Dec 2023 quarter, when it reached 3.74 with a price of $196 and an EPS of $52.4.
Maximum annual increase: 58.87% in 2015
Maximum annual decrease: -55.89% in 2019
Year | PE ratio | Change |
---|---|---|
2023 | 3.74 | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | 10.81 | -9.99% |
2019 | 12.01 | -55.89% |
2018 | 27.23 | N/A |
2017 | N/A | N/A |
2016 | 11.85 | -1.99% |
2015 | 12.09 | 58.87% |
2014 | 7.61 | 18.35% |
The current PE ratio of RNR is lower than the 3, 5 and 10-year averages.
Compared to its peer stocks TRV and AXS, RNR's PE ratio stands lower.
Stock name | PE ratio | Market cap |
---|---|---|
RNR Renaissancere Holdings Ltd | 3.71 | $13.75B |
AXS Axis Capital Holdings Ltd | 12.1 | $7.37B |
TRV Travelers Companies Inc | 13.22 | $59.21B |
PRE Prenetics Global Limited | N/A | $54.02M |
MHLD Maiden Holdings Ltd | N/A | $165.87M |
As of Nov 21, 2024, RNR stock has a price to earnings ratio of 3.71.
As an average over the last 3 years, RNR stock has a PE ratio of 7.69.
As an average over the last 5 years, RNR stock has a PE ratio of 11.33.
Over the last ten years, the quarterly PE ratio reached a historic high of 27.23 in the Dec 2018 quarter.
RNR's price to earnings ratio is currently 70% below its 10-year historical average.
RNR's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Renaissancere Holdings's stock price is $264.64. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $71.31. Therefore, Renaissancere Holdings's P/E ratio for today is 3.71. PE RATIO(3.71) = STOCK PRICE($264.64) / TTM EPS($71.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.