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Hannover Rueck SE (Hannover Rueck SE) Forward PE Ratio : 12.03 (As of May. 03, 2024)


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What is Hannover Rueck SE Forward PE Ratio?

Hannover Rueck SE's Forward PE Ratio for today is 12.03.

Hannover Rueck SE's PE Ratio without NRI for today is 15.23.

Hannover Rueck SE's PE Ratio for today is 15.23.


Hannover Rueck SE Forward PE Ratio Historical Data

The historical data trend for Hannover Rueck SE'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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Hannover Rueck SE Forward PE Ratio Chart

Hannover Rueck SE Annual Data
Trend 2015-12 2016-12 2017-12 2018-11 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
12.44 10.96 10.87 11.78 16.13 11.55 12.35 8.75 13.40 11.99

Hannover Rueck SE Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 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 12.44 10.45 11.88 10.71 10.96 11.81 11.86 10.16 10.87 12.69 13.28 13.53 16.13 12.35 15.53 11.81 11.55 13.11 13.74 11.85 12.35 11.44 10.91 9.75 8.75 12.66 15.55 13.26 13.40 13.61

Competitive Comparison of Hannover Rueck SE's Forward PE Ratio

For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.


Hannover Rueck SE's Forward PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Hannover Rueck SE's Forward PE Ratio falls into.



Hannover Rueck SE 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.


Hannover Rueck SE  (OTCPK:HVRRF) 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 .


Hannover Rueck SE Forward PE Ratio Related Terms

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Hannover Rueck SE (Hannover Rueck SE) Business Description

Traded in Other Exchanges
Address
Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftplichtverband founded Eisen- und Stahl to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftplichtverband and Aktiengesellschaft fur Transport und- Ruckversichering was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx on Jan. 1, 2019. Hannover was listed in the '90s on the Frankfurt Stock Exchange.

Hannover Rueck SE (Hannover Rueck SE) Headlines