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Old Republic International PE Ratio

: 4.55 (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2021-10-27), Old Republic International's share price is $24.135. Old Republic International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 was $5.30. Therefore, Old Republic International's PE Ratio for today is 4.55.


The historical rank and industry rank for Old Republic International's PE Ratio or its related term are showing as below:

NYSE:ORI' s PE Ratio Range Over the Past 10 Years
Min: 3.7   Med: 11.93   Max: 335.31
Current: 4.55

3.7
335.31

During the past 13 years, the highest PE Ratio of Old Republic International was 335.31. The lowest was 3.70. And the median was 11.93.


NYSE:ORI's PE Ratio is ranked higher than
82% of the 152 Companies
in the Insurance industry.

( Industry Median: 13.00 vs. NYSE:ORI: 4.55 )

Old Republic International's Earnings per Share (Diluted) for the three months ended in Jun. 2021 was $1.05. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 was $5.30.

As of today (2021-10-27), Old Republic International's share price is $24.135. Old Republic International's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2021 was $5.30. Therefore, Old Republic International's PE Ratio without NRI for today is 4.55.

During the past 13 years, Old Republic International's highest PE Ratio without NRI was 335.31. The lowest was 3.70. And the median was 11.93.

Old Republic International's EPS without NRI for the three months ended in Jun. 2021 was $1.05. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2021 was $5.30.

During the past 12 months, Old Republic International's average EPS without NRI Growth Rate was 482.40% per year. During the past 3 years, the average EPS without NRI Growth Rate was -0.90% per year. During the past 5 years, the average EPS without NRI Growth Rate was 9.10% per year.

During the past 13 years, Old Republic International's highest 3-Year average EPS without NRI Growth Rate was 129.40% per year. The lowest was -51.90% per year. And the median was 7.30% per year.

Old Republic International's EPS (Basic) for the three months ended in Jun. 2021 was $1.06. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2021 was $5.31.


Old Republic International PE Ratio Historical Data

The historical data trend for Old Republic International's 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.

Old Republic International Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.73 11.14 16.59 6.37 10.54

Old Republic International Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.92 13.78 10.54 3.91 4.70

Competitive Comparison

For the Insurance - Diversified subindustry, Old Republic International's PE Ratio, along with its competitors' market caps and 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.

   

Old Republic International PE Ratio Distribution

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

* The bar in red indicates where Old Republic International's PE Ratio falls into.



Old Republic International PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Old Republic International's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=24.135/5.300
=4.55

Old Republic International's Share Price of today is $24.135.
Old Republic International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.30.

* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Old Republic International  (NYSE:ORI) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items 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.


Old Republic International PE Ratio Related Terms

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


Old Republic International Business Description

Old Republic International logo
Industry
Financial Services » Insurance NAICS : 524126 SIC : 6361
Traded in Other Exchanges
Address
307 North Michigan Avenue, Chicago, IL, USA, 60601
Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. The firm's property-casualty business, which accounted for more than half of premium in 2012, and almost 80% of pretax operating income, offers commercial liability products for risks that include workers' compensation, autos, and general liability. The title insurance business composes most of the remaining premium, with a minor assist from a tiny life insurance presence.
Executives
Kovaleski Charles J director 307 NORTH MICHIGAN AVENUE, SUITE 2300 CHICAGO IL 60601
Zucaro Aldo C director 307 N MICHIGAN AVE STE 2300 CHICAGO IL 60601
Reed Glenn W director 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Kennedy Michael Denard director 307 NORTH MICHIGAN AVENUE CHICAGO IL 60601
Bateman Steven J director 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Mcnitt Peter director 2701 SPRUCE STREET QUINCY IL 62301
Oberst Stephen J officer: Executive Vice President 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Walker Steven R director 307 NORTH MICHIGAN AVENUE, STE 2300 CHICAGO IL 60601
Jones Cheryl A officer: SrVP National Benefits Dir. 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Heitkamp John R Jr officer: SrVP Secretary,General Counsel 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Boone Charles S officer: SrVP &Chief Investment Officer 307 N MICHIGAN AVE STE 2300 CHICAGO IL 60601
Taubitz Fredricka director 307 NORTH MICHIGAN AVENUE CHICAGO IL 60601
Gray William T officer: Senior VP & Treasurer PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: GRAY WILLIAM T a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Yeager Rande Keith officer: Executive Chairman-Title Group 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Mueller Karl W officer: Sr VP & CFO 307 NORTH MICHIGAN AVENUE CHICAGO IL 60601

Old Republic International Headlines

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