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Relatively High Forward P/E Ratio Detected in Shares of Horace Mann Educ in the Multi-line Insurance Industry (HMN, KMPR, L, AFG, HIG)

By David Diaz

Below are the three companies in the Multi-line 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.

Horace Mann Educ ranks highest with a a forward P/E ratio of 17.06. Following is Kemper Corp with a a forward P/E ratio of 13.61. Loews Corp ranks third highest with a a forward P/E ratio of 13.39.

Amer Finl Group follows with a a forward P/E ratio of 13.34, and Hartford Finl Sv rounds out the top five with a a forward P/E ratio of 10.64.

SmarTrend recommended that its subscribers protect gains by selling shares of Kemper Corp on January 31st, 2018 by issuing a Downtrend alert when the shares were trading at $66.00. Since that call, shares of Kemper Corp have fallen 12.9%. 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 horace mann educ kemper corp Loews Corp amer finl group hartford finl sv