UVE Universal Insurance Holdings PE ratio, current and historical analysis
As of Nov 21, 2024, the Universal Insurance Holdings stock's PE ratio is 8.96. This takes into account the latest EPS of $2.52 and stock price of $22.59. The PE ratio has grown by 18% from its last 4 quarters average of 7.6.
UVE PE ratio history
The PE ratio of Universal Insurance Holdings has averaged 14.69 over the last ten years. The current P/E ratio of 8.96 is 39% lower than the historical average. Looking back at the last ten years, UVE's PE ratio peaked in the Jun 2023 quarter at 77.15, when the price was $15.43 and the EPS was $0.2. The lowest point was in the Jun 2016 quarter, when it reached 5.46 with a price of $18.58 and an EPS of $3.4.
Universal Insurance Holdings PE ratio by year
Maximum annual increase: 80.96% in 2019
Maximum annual decrease: -19.53% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.13 | N/A |
| 2022 | N/A | N/A |
| 2021 | 26.15 | 3.85% |
| 2020 | 25.18 | 23.25% |
| 2019 | 20.43 | 80.96% |
| 2018 | 11.29 | 26.71% |
| 2017 | 8.91 | -10.54% |
| 2016 | 9.96 | 31.4% |
| 2015 | 7.58 | -19.53% |
| 2014 | 9.42 | 6.68% |
UVE average PE ratio chart
UVE's current PE ratio is lower than its 3, 5 and 10-year averages.
UVE PE vs peers
UVE's PE ratio stands lower than its peer stocks ERIE and ORI, but it is higher than HCI's and HRTG's. Universal Insurance Holdings's current PE ratio of 8.96 is lower than the average of its peers, which is 14.59.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HRTG Heritage Insurance Holdings Inc | 4.84 | $377.42M |
| HCI HCI Group Inc | 7.42 | $1.16B |
| UVE Universal Insurance Holdings Inc | 8.96 | $638.99M |
| KINS Kingstone Companies Inc | 9.67 | $170.79M |
| ORI Old Republic International Corp | 10.74 | $9.69B |
| HTH Hilltop Holdings Inc | 19.42 | $2.06B |
| ERIE Erie Indemnity Co | 35.42 | $19.63B |
Frequently asked questions
What is Universal Insurance Holdings's PE ratio?
The price to earnings ratio for UVE stock as of Nov 21, 2024, stands at 8.96.
What is the 3-year average PE ratio for Universal Insurance Holdings (UVE)?
As an average over the last 3 years, UVE stock has a PE ratio of 22.0.
What is the 5-year average PE ratio for Universal Insurance Holdings (UVE)?
As an average over the last 5 years, UVE stock has a PE ratio of 22.19.
What is the highest PE ratio for UVE?
Over the last ten years, the quarterly PE ratio reached its highest level at 77.15 in the Jun 2023 quarter.
How does the current PE ratio for UVE compare to its historical average?
UVE's price to earnings ratio is currently 39% below its 10-year historical average.
Why is Universal Insurance Holdings's PE ratio so low?
UVE's PE ratio of 8.96 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is UVE's PE ratio calculated (Universal Insurance Holdings PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Universal Insurance Holdings's share price is $22.59. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.52. Therefore, Universal Insurance Holdings's PE ratio for today is 8.96. PE RATIO(8.96) = STOCK PRICE($22.59) / TTM EPS($2.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.