Relatively Low P/E Ratio Detected in Shares of Hartford Financial Services in the Multi-line Insurance Industry (HIG, AFG, AIG, HMN, L)
Below are the three companies in the Multi-line Insurance 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.
Hartford Financial Services ranks lowest with a a P/E ratio of 11.89. American Financial is next with a a P/E ratio of 13.74. American International ranks third lowest with a a P/E ratio of 13.96.
Horace Mann Educators follows with a a P/E ratio of 14.48, and Loews rounds out the bottom five with a a P/E ratio of 16.26.
SmarTrend recommended that subscribers consider buying shares of Loews on January 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $36.58. Since that recommendation, shares of Loews have risen 10.2%. We continue to monitor Loews for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest p/e ratio Hartford Financial Services american financial american international horace mann educators loews