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Highest Enterprise Value to Sales Ratio in the Reinsurance Industry Detected in Shares of Renaissancere (RNR, ESGR, Y, RE, TPRE)

By Shiri Gupta

Below are the three companies in the Reinsurance industry with the highest Enterprise Value (EV) to Sales ratios. EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is believed to be.

Renaissancere ranks highest with a EV/Sales of 2.94. Enstar Group Ltd is next with a EV/Sales of 2.94. Alleghany Corp ranks third highest with a EV/Sales of 1.42.

Everest Re Group follows with a EV/Sales of 1.18, and Third Point Rein rounds out the top five with a EV/Sales of 1.09.

SmarTrend recommended that its subscribers protect gains by selling shares of Everest Re Group on February 25th, 2020 by issuing a Downtrend alert when the shares were trading at $280.65. Since that call, shares of Everest Re Group have fallen 31.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest enterprise value to sales ratio renaissancere enstar group ltd alleghany corp everest re group third point rein