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Alleghany Corp is Among the Companies in the Reinsurance Industry With the Highest PEG Ratio (Y, RNR, RE, RGA, TPRE)

By David Diaz

Below are the three companies in the Reinsurance industry with the highest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

Alleghany Corp ranks highest with a a PEG ratio of 0.02. Renaissancere is next with a a PEG ratio of 0.01. Everest Re Group ranks third highest with a a PEG ratio of 0.01.

Reinsurance Grou follows with a a PEG ratio of 0.01, and Third Point Rein rounds out the top five with a a PEG ratio of 0.00.

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 32.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest peg ratio alleghany corp renaissancere everest re group reinsurance grou third point rein

Ticker(s): Y RNR RE RGA TPRE