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Highest Forward P/E Ratio in the Property & Casualty Insurance Industry Detected in Shares of Mbia Inc (MBI, WTM, MKL, ERIE, RLI)

By David Diaz

Below are the three companies in the Property & Casualty Insurance industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Mbia Inc ranks highest with a a forward P/E ratio of 82.64. Following is White Mountains with a a forward P/E ratio of 81.19. Markel Corp ranks third highest with a a forward P/E ratio of 35.01.

Erie Indemnity-A follows with a a forward P/E ratio of 27.49, and Rli Corp rounds out the top five with a a forward P/E ratio of 27.44.

SmarTrend recommended that subscribers consider buying shares of Mbia Inc on June 8th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $8.89. Since that recommendation, shares of Mbia Inc have risen 16.3%. We continue to monitor Mbia Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio MBIA Inc white mountains markel corp erie indemnity-a rli corp

Ticker(s): MBI WTM MKL ERIE RLI