Universal Insurance Holdings
UVE
#6291
Rank
โ‚น53.98 B
Marketcap
โ‚น1,908
Share price
1.39%
Change (1 day)
37.64%
Change (1 year)

P/E ratio for Universal Insurance Holdings (UVE)

P/E ratio as of November 2024 (TTM): 9.56

According to Universal Insurance Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.56329. At the end of 2022 the company had a P/E ratio of -14.5.

P/E ratio history for Universal Insurance Holdings from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-14.5-156.32%
202125.8-2.83%
202026.523.12%
201921.590.21%
201811.327.06%
20178.91-10.6%
20169.9631.98%
20157.55-19.88%
20149.428.04%
20138.7251.36%
20125.76-19.51%
20117.1639.67%
20105.13-33.63%
20097.72243.27%
20082.25-53.85%
20074.88-10.89%
20065.4734.99%
20054.05-262.11%
2004-2.50-52.66%
2003-5.28

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-25.2-363.98%๐Ÿ‡บ๐Ÿ‡ธ USA
31.7 231.62%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.95-141.25%๐Ÿ‡บ๐Ÿ‡ธ USA
49.5 418.01%๐Ÿ‡บ๐Ÿ‡ธ USA
-48.6-608.24%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1 26.27%๐Ÿ‡บ๐Ÿ‡ธ USA
0.0000-100.00%๐Ÿ‡บ๐Ÿ‡ธ USA
19.3 101.65%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.7-211.40%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.