CNO Financial Group
CNO
#3062
Rank
โ‚ฌ3.93 B
Marketcap
38,12ย โ‚ฌ
Share price
1.35%
Change (1 day)
58.57%
Change (1 year)

P/E ratio for CNO Financial Group (CNO)

P/E ratio as of November 2024 (TTM): 20.6

According to CNO Financial Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6269. At the end of 2022 the company had a P/E ratio of 4.69.

P/E ratio history for CNO Financial Group from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.69-32.49%
20216.95-32.78%
202010.352.93%
20196.76-187.69%
2018-7.71-132.16%
201724.0156.61%
20169.34-30.51%
201513.4-76.58%
201457.4597.63%
20138.23-15.75%
20129.77122.87%
20114.38-26.32%
20105.95-47.66%
200911.4-1442.58%
2008-0.8464-92.59%
2007-11.4-125.72%
200644.4248.76%
200512.7-4.01%
200413.31279.8%
20030.9612

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.5 52.84%๐Ÿ‡บ๐Ÿ‡ธ USA
15.3-25.63%๐Ÿ‡จ๐Ÿ‡ฆ Canada
14.8-28.25%๐Ÿ‡บ๐Ÿ‡ธ USA
12.2-41.02%๐Ÿ‡บ๐Ÿ‡ธ USA
4.89-76.31%๐Ÿ‡บ๐Ÿ‡ธ USA
15.0-27.45%๐Ÿ‡บ๐Ÿ‡ธ USA
22.9 11.04%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7-38.32%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.