• Return to Headlines

Relatively High Forward P/E Ratio Detected in Shares of Brown & Brown in the Insurance Brokers Industry (BRO, MMC, AJG, AON, PN)

By James Quinn

Below are the three companies in the Insurance Brokers 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.

Brown & Brown ranks highest with a a forward P/E ratio of 21.07. Following is Marsh & Mclennan with a a forward P/E ratio of 18.70. Arthur J Gallagh ranks third highest with a a forward P/E ratio of 17.09.

Aon Plc follows with a a forward P/E ratio of 16.96, and Patriot National rounds out the top five with a a forward P/E ratio of 8.36.

SmarTrend recommended that its subscribers protect gains by selling shares of Patriot National on June 26th, 2017 by issuing a Downtrend alert when the shares were trading at $2.24. Since that call, shares of Patriot National have fallen 6.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward p/e ratio brown & brown marsh & mclennan arthur j gallagh aon plc nyse:pn patriot national

Ticker(s): BRO MMC AJG AON