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Zurich Insurance Group AG (Zurich Insurance Group AG) Forward PE Ratio : 14.06 (As of Apr. 25, 2024)


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What is Zurich Insurance Group AG Forward PE Ratio?

Zurich Insurance Group AG's Forward PE Ratio for today is 14.06.

Zurich Insurance Group AG's PE Ratio without NRI for today is 16.04.

Zurich Insurance Group AG's PE Ratio for today is 16.32.


Zurich Insurance Group AG Forward PE Ratio Historical Data

The historical data trend for Zurich Insurance Group AG'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.

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Zurich Insurance Group AG Forward PE Ratio Chart

Zurich Insurance Group AG Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
10.08 11.38 13.39 10.91 13.42 14.35 13.68 12.27 14.84 14.41

Zurich Insurance Group AG Semi-Annual 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 10.08 9.12 10.85 11.71 11.38 11.66 13.39 12.80 13.39 14.56 12.76 11.10 10.91 12.14 12.79 12.58 13.42 11.51 14.39 11.51 14.35 15.67 14.37 12.76 13.68 13.25 11.93 10.13 12.27 12.69 15.13 13.00 14.84 15.13

Competitive Comparison of Zurich Insurance Group AG's Forward PE Ratio

For the Insurance - Diversified subindustry, Zurich Insurance Group AG'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.


Zurich Insurance Group AG's Forward PE Ratio Distribution in the Insurance Industry

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

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



Zurich Insurance Group AG 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.


Zurich Insurance Group AG  (OTCPK:ZURVY) 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 .


Zurich Insurance Group AG Forward PE Ratio Related Terms

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Zurich Insurance Group AG (Zurich Insurance Group AG) Business Description

Address
Mythenquai 2, Corporate Center, Zurich, CHE, 8002
Zurich is a multiline insurer that writes business across both life and non-life insurance and also owns Farmers Management Services. The company was founded in 1872, originally as a marine reinsurer, to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling that would be damaging to both customers and Zurich. Over the years Zurich has sought to combine goodwill in claims with a sufficient premium. Zurich is now one of the most successful insurers in Europe.