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Maiden Holdings has the Lowest Forward P/E Ratio in the Reinsurance Industry (MHLD, TPRE, RGA, RE, RNR)

By Shiri Gupta

Below are the three companies in the Reinsurance 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.

Maiden Holdings ranks lowest with a a forward P/E ratio of 0.50. Third Point Rein is next with a a forward P/E ratio of 2.82. Reinsurance Grou ranks third lowest with a a forward P/E ratio of 4.85.

Everest Re Group follows with a a forward P/E ratio of 7.70, and Renaissancere rounds out the bottom five with a a forward P/E ratio of 12.65.

SmarTrend recommended that its subscribers protect gains by selling shares of Renaissancere on February 25th, 2020 by issuing a Downtrend alert when the shares were trading at $190.45. Since that call, shares of Renaissancere have fallen 30.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest forward p/e ratio maiden holdings third point rein reinsurance grou everest re group renaissancere