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White Mountains has the Highest Forward P/E Ratio in the Property & Casualty Insurance Industry (WTM, RLI, ERIE, 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 89.26. Rli Corp is next with a a forward P/E ratio of 40.19. Erie Indemnity-A ranks third highest with a a forward P/E ratio of 32.36.

Cincinnati Fin follows with a a forward P/E ratio of 31.16, and Markel Corp rounds out the top five with a a forward P/E ratio of 30.80.

SmarTrend recommended that its subscribers protect gains by selling shares of Erie Indemnity-A on July 29th, 2019 by issuing a Downtrend alert when the shares were trading at $232.05. Since that call, shares of Erie Indemnity-A have fallen 28.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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

Ticker(s): WTM RLI ERIE CINF MKL