Property and casualty insurers with the lowest PE ratio

Ranked

45

of 51 property and casualty insurers we cover

Median

10.6×

Lowest

5.1×

ALL

Range

5.1× to 76.6×

#	Company	PE	PE vs its 10 years	Revenue growth (TTM)	Market cap
1	ALLAllstate	5.1×	3rd pct	+5.9%	$64B
2	WTMWhite Mountains Insurance	5.1×	19th pct	+55.4%	$5.3B
3	HRTGHeritage Insurance	5.2×	18th pct	+1.5%	$1.1B
4	ACICAMERICAN COASTAL INSURANCE	5.5×	12th pct	+3.3%	$537M
5	HGHamilton Insurance	5.9×	70th pct	+15.5%	$2.4B
6	RNRRenaissancere	6.0×	23rd pct	−14.2%	$14.7B
7	MCYMercury General	6.1×	6th pct	+10.0%	$5.7B
8	AIIAmerican Integrity Insurance	6.4×	n/a	+29.3%	$564.9M
9	UVEUniversal Insurance	6.4×	8th pct	+4.0%	$1.4B
10	SPNTSiriusPoint	6.5×	25th pct	+22.6%	$3B
11	SLDESlide Insurance	7.0×	n/a	+41.5%	$3.3B
12	AXSAxis Capital	7.3×	3rd pct	+9.1%	$7.5B
13	KINSKingstone Companies	8.1×	19th pct	+28.0%	$290.1M
14	HIPOHippo	8.2×	n/a	+19.3%	$1B
15	CINFCincinnati Financial	8.3×	21st pct	+19.6%	$27.1B
16	EGEverest	8.4×	26th pct	−5.1%	$15.3B
17	HCIHCI	8.8×	11th pct	+22.8%	$2.5B
18	DGICADonegal	9.8×	39th pct	−3.1%	$698.6M
19	GBLIGlobal Indemnity Group, LLC	10.3×	5th pct	+3.8%	$372.1M
20	GLREGreenlight Capital RE	10.3×	49th pct	−3.3%	$492.9M
21	MKLMarkel	10.4×	34th pct	+2.7%	$23.2B
22	TRVTravelers Companies	10.4×	8th pct	+1.1%	$81.6B
23	AMSFAmerisafe	10.6×	2nd pct	+9.5%	$487.7M
24	CNACNA Financial	10.6×	28th pct	+3.4%	$13.1B
25	UFCSUnited Fire	10.7×	20th pct	+11.4%	$1.5B
26	HMNHorace Mann Educators	10.8×	20th pct	+5.9%	$1.9B
27	ASICAtegrity Specialty Insurance	11.3×	n/a	+36.6%	$1.2B
28	THGHanover Insurance	11.4×	20th pct	+5.6%	$8.3B
29	PGRProgressive	11.5×	18th pct	n/m	$132.6B
30	SIGISelective Insurance	11.6×	10th pct	+4.0%	$5.7B
31	CBChubb	12.4×	34th pct	n/m	$137B
32	AFGAmerican Financial	13.2×	61st pct	−0.2%	$12.5B
33	LLoews	13.7×	49th pct	+3.5%	$22.9B
34	SKWDSkyward Specialty Insurance	14.1×	38th pct	+38.3%	$2.7B
35	KNSLKinsale Capital	14.8×	5th pct	+15.8%	$8.3B
36	ROOTRoot	15.0×	8th pct	+14.9%	$819.3M
37	WRBW. R. Berkley	15.1×	40th pct	+4.3%	$27.2B
38	RLIRLI	15.1×	17th pct	+4.6%	$5.9B
39	BOWBowhead Specialty	18.4×	62nd pct	+25.0%	$1.1B
40	PLMRPalomar	19.1×	10th pct	+60.0%	$3.7B
41	SAFTSafety Insurance	22.4×	79th pct	+7.2%	$1.5B
42	JRVRJames River	26.5×	61st pct	−1.8%	$183.6M
43	NODKNI	39.2×	77th pct	−13.9%	$304M
44	OXBROXBRIDGE RE HOLDINGS	47.5×	83rd pct	+40.4%	$7.7M
45	EIGEmployers	76.6×	96th pct	−5.8%	$935.4M

Not ranked: 5 with a loss over the last year, 1 with not a meaningful number.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.