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White Mountains has the Highest Forward P/E Ratio in the Property & Casualty Insurance Industry (WTM, ERIE, RLI, CINF, MKL)

By James Quinn

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 ranks highest with a a forward P/E ratio of 86.86. Following is Erie Indemnity-A with a a forward P/E ratio of 41.49. Rli Corp ranks third highest with a a forward P/E ratio of 40.46.

Cincinnati Fin follows with a a forward P/E ratio of 31.61, and Markel Corp rounds out the top five with a a forward P/E ratio of 29.16.

SmarTrend recommended that subscribers consider buying shares of Cincinnati Fin on January 18th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $79.29. Since that recommendation, shares of Cincinnati Fin have risen 39.6%. We continue to monitor Cincinnati Fin for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio white mountains erie indemnity-a rli corp cincinnati fin markel corp

Ticker(s): WTM ERIE RLI CINF MKL