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Relatively Low P/E Ratio Detected in Shares of Everest Re Group in the Reinsurance Industry (RE, VR, ENH, RNR, PRE)

By David Diaz

Below are the three companies in the Reinsurance industry with the lowest 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.

Everest Re Group ranks lowest with a a P/E ratio of 7.15. Validus Holdings is next with a a P/E ratio of 7.84. Endurance Specialty ranks third lowest with a a P/E ratio of 9.00.

RenaissanceRe Holdings follows with a a P/E ratio of 9.07, and PartnerRe rounds out the bottom five with a a P/E ratio of 9.46.

SmarTrend recommended that subscribers consider buying shares of PartnerRe on April 10th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $118.14. Since that recommendation, shares of PartnerRe have risen 18.9%. We continue to monitor PartnerRe for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest p/e ratio everest re group Validus Holdings endurance specialty renaissancere holdings partnerre

Ticker(s): RE VR ENH RNR PRE