Top 5 Companies in the Multi-line Insurance Industry With the Lowest Forward P/E Ratio (GNW, HIG, AIG, AFG, AIZ)
Below are the three companies in the Multi-line Insurance industry with the lowest 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.
Genworth Financial ranks lowest with a a forward P/E ratio of 5.09. Following is Hartford Financial Services with a a forward P/E ratio of 10.77. American International ranks third lowest with a a forward P/E ratio of 11.44.
American Financial follows with a a forward P/E ratio of 13.26, and Assurant rounds out the bottom five with a a forward P/E ratio of 13.53.
SmarTrend recommended that subscribers consider buying shares of Genworth Financial on August 3rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $3.53. Since that recommendation, shares of Genworth Financial have risen 38.7%. We continue to monitor Genworth Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward p/e ratio genworth financial Hartford Financial Services american international american financial assurant