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Lowest Forward P/E Ratio in the Multi-line Insurance Industry Detected in Shares of Genworth Financial (GNW, AIG, HIG, AFG, AIZ)

By Nick Russo

Below are the three companies in the Multi-line Insurance industry with the lowest 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.

Genworth Financial ranks lowest with a a forward P/E ratio of 2.99. American International is next with a a forward P/E ratio of 10.65. Hartford Financial Services ranks third lowest with a a forward P/E ratio of 11.18.

American Financial follows with a a forward P/E ratio of 13.01, and Assurant rounds out the bottom five with a a forward P/E ratio of 13.15.

SmarTrend recommended that its subscribers protect gains by selling shares of Genworth Financial on June 16th, 2016 by issuing a Downtrend alert when the shares were trading at $3.02. Since that call, shares of Genworth Financial have fallen 4.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest forward p/e ratio genworth financial american international Hartford Financial Services american financial assurant