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Relatively High P/E Ratio Detected in Shares of National General in the Multi-line Insurance Industry (NGHC, AIG, KMPR, HMN, AIZ)

By James Quinn

Below are the three companies in the Multi-line Insurance industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

National General ranks highest with a a P/E ratio of 26.03. American Interna is next with a a P/E ratio of 25.32. Kemper Corp ranks third highest with a a P/E ratio of 25.19.

Horace Mann Educ follows with a a P/E ratio of 24.62, and Assurant Inc rounds out the top five with a a P/E ratio of 21.24.

SmarTrend is tracking the current trend status for National General and will alert subscribers who have NGHC in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest p/e ratio national general american interna kemper corp horace mann educ assurant inc