GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Everest Group Ltd (FRA:ERE) » Definitions » Forward PE Ratio

Everest Group (FRA:ERE) Forward PE Ratio : 6.12 (As of May. 05, 2024)


View and export this data going back to . Start your Free Trial

What is Everest Group Forward PE Ratio?

Everest Group's Forward PE Ratio for today is 6.12.

Everest Group's PE Ratio without NRI for today is 5.58.

Everest Group's PE Ratio for today is 5.49.


Everest Group Forward PE Ratio Historical Data

The historical data trend for Everest Group's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Everest Group Forward PE Ratio Chart

Everest Group Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-05
Forward PE Ratio
10.41 11.70 10.89 8.67 11.27 9.97 8.01 7.70 5.79 6.12

Everest Group Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 10.41 9.85 10.71 10.48 11.70 12.18 13.19 11.12 10.89 11.89 10.93 9.41 8.67 9.23 10.03 10.79 11.27 7.96 12.90 9.24 9.97 9.97 10.56 8.05 8.01 8.26 7.77 6.81 7.70 7.29 7.46 6.28 5.79 6.14

Competitive Comparison of Everest Group's Forward PE Ratio

For the Insurance - Reinsurance subindustry, Everest Group's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Everest Group's Forward PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Everest Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Everest Group's Forward PE Ratio falls into.



Everest Group Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Everest Group  (FRA:ERE) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Everest Group Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Everest Group's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Everest Group (FRA:ERE) Business Description

Traded in Other Exchanges
Address
141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, BMU, HM 19
Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.

Everest Group (FRA:ERE) Headlines

No Headlines