Highest PEG Ratio in the Property & Casualty Insurance Industry Detected in Shares of ProAssurance (PRA, RLI, MCY, ERIE, STFC)
Below are the three companies in the Property & Casualty Insurance industry with the highest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.
ProAssurance ranks highest with a a PEG ratio of 3.91. RLI is next with a a PEG ratio of 3.30. Mercury General ranks third highest with a a PEG ratio of 3.24.
Erie Indemnity follows with a a PEG ratio of 2.93, and State Auto Financial rounds out the top five with a a PEG ratio of 2.68.
SmarTrend recommended that subscribers consider buying shares of State Auto Financial on May 24th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $21.61. Since that recommendation, shares of State Auto Financial have risen 5.9%. We continue to monitor State Auto Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest peg ratio proassurance mercury general erie indemnity state auto financial