American Equity Investment is Among the Companies in the Life & Health Insurance Industry With the Lowest P/E Ratio (AEL, LNC, MET, NWLI, PFG)
Below are the three companies in the Life & Health Insurance industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.
American Equity Investment ranks lowest with a a P/E ratio of 5.98. Following is Lincoln National with a a P/E ratio of 8.09. MetLife ranks third lowest with a a P/E ratio of 8.15.
National Western Life Insurance follows with a a P/E ratio of 8.35, and Principal Financial Group rounds out the bottom five with a a P/E ratio of 10.07.
SmarTrend recommended that subscribers consider buying shares of Principal Financial Group on February 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $38.25. Since that recommendation, shares of Principal Financial Group have risen 13.6%. We continue to monitor Principal Financial Group for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest p/e ratio american equity investment lincoln national MetLife national western life insurance Principal Financial Group