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Shares of White Mountains Insurance Rank the Highest in Terms of Forward P/E Ratio in the Property & Casualty Insurance Industry (WTM, MKL, RLI, ERIE, PRA)

By Amy Schwartz

Below are the three companies in the Property & Casualty 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.

White Mountains Insurance ranks highest with a a forward P/E ratio of 61.45. Markel is next with a a forward P/E ratio of 34.86. RLI ranks third highest with a a forward P/E ratio of 28.41.

Erie Indemnity follows with a a forward P/E ratio of 27.94, and ProAssurance rounds out the top five with a a forward P/E ratio of 25.38.

SmarTrend recommended that subscribers consider buying shares of Erie Indemnity on September 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $101.25. Since that recommendation, shares of Erie Indemnity have risen 18.7%. We continue to monitor Erie Indemnity for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio white mountains insurance markel erie indemnity proassurance

Ticker(s): WTM MKL RLI ERIE PRA