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RLI (FRA:RL1) Forward PE Ratio : 25.84 (As of Jun. 09, 2024)


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What is RLI Forward PE Ratio?

RLI's Forward PE Ratio for today is 25.84.

RLI's PE Ratio without NRI for today is 24.70.

RLI's PE Ratio for today is 19.65.


RLI Forward PE Ratio Historical Data

The historical data trend for RLI'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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RLI Forward PE Ratio Chart

RLI Annual Data
Trend 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-06
Forward PE Ratio
28.90 27.86 30.03 33.90 40.16 30.03 28.65 25.25 25.71

RLI Quarterly Data
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 2024-06
Forward PE Ratio 30.12 29.94 30.40 28.90 27.25 26.04 27.93 27.86 28.33 28.90 32.36 30.03 29.67 34.13 37.45 33.90 32.47 34.60 32.68 40.16 40.16 36.36 28.25 30.03 28.41 26.88 23.15 28.65 29.41 27.25 27.78 25.25 28.25 25.71

Competitive Comparison of RLI's Forward PE Ratio

For the Insurance - Property & Casualty subindustry, RLI'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.


RLI's Forward PE Ratio Distribution in the Insurance Industry

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

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



RLI 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.


RLI  (FRA:RL1) 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 .


RLI Forward PE Ratio Related Terms

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RLI (FRA:RL1) Business Description

Traded in Other Exchanges
Address
9025 North Lindbergh Drive, Peoria, IL, USA, 61615
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include casualty, property, and surety and it derives a majority of its revenue from the Casualty segment.

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