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National General has the Highest P/E Ratio in the Multi-line Insurance Industry (NGHC, AIG, KMPR, HMN, AIZ)

By David Diaz

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

National General ranks highest with a a P/E ratio of 27.63. American Interna is next with a a P/E ratio of 26.34. Kemper Corp ranks third highest with a a P/E ratio of 25.93.

Horace Mann Educ follows with a a P/E ratio of 25.58, and Assurant Inc rounds out the top five with a a P/E ratio of 21.07.

SmarTrend recommended that subscribers consider buying shares of Assurant Inc on August 7th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $114.49. Since that recommendation, shares of Assurant Inc have risen 8.9%. We continue to monitor Assurant Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio national general american interna kemper corp horace mann educ assurant inc