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Relatively Low PEG Ratio Detected in Shares of Third Point Rein in the Reinsurance Industry (TPRE, RE, RGA, RNR, Y)

By Nick Russo

Below are the three companies in the Reinsurance industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

Third Point Rein ranks lowest with a a PEG ratio of 0.01. Everest Re Group is next with a a PEG ratio of 0.01. Reinsurance Grou ranks third lowest with a a PEG ratio of 0.01.

Renaissancere follows with a a PEG ratio of 0.02, and Alleghany Corp rounds out the bottom five with a a PEG ratio of 0.03.

SmarTrend recommended that subscribers consider buying shares of Alleghany Corp on December 6th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $792.64. Since that recommendation, shares of Alleghany Corp have risen 5.5%. We continue to monitor Alleghany Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest peg ratio third point rein everest re group reinsurance grou renaissancere alleghany corp

Ticker(s): TPRE RE RGA RNR Y