The Hartford
HIG
#587
Rank
C$48.92 B
Marketcap
$168.77
Share price
0.90%
Change (1 day)
57.69%
Change (1 year)
The Hartford Financial Services Group,, is one of the largest investment and insurance companies in the United States. The company offers a range of financial products, including life insurance, company pension, automobile and home insurance, and commercial property and casualty insurance.

P/E ratio for The Hartford (HIG)

P/E ratio as of November 2024 (TTM): 16.3

According to The Hartford's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2512. At the end of 2022 the company had a P/E ratio of 13.7.

P/E ratio history for The Hartford from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.733.73%
202110.2-0.35%
202010.2-3.45%
201910.6-37.45%
201817.0-353.01%
2017-6.71-110.37%
201664.7501.43%
201510.8-52.55%
201422.7-93.12%
2013329-371.32%
2012-121-331.58%
201152.4396.69%
201010.6-237.48%
2009-7.68331.98%
2008-1.78-119%
20079.36-10.67%
200610.5-6.85%
200511.217.43%
20049.57-110.7%
2003-89.4-889.46%
200211.3-61.23%
200129.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.3-11.92%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.48-115.25%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7 3.03%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
28.0 72.56%๐Ÿ‡บ๐Ÿ‡ธ USA
12.5-23.30%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
22.9 40.94%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.40-145.52%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
18.5 13.62%๐Ÿ‡บ๐Ÿ‡ธ USA
7.88-51.49%๐Ÿ‡บ๐Ÿ‡ธ USA
0.0000-100.00%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.