Greenlight Reinsurance (GLRE)
Greenlight Reinsurance PE Value: 21.24
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GLRE PE Value Rankings
| Overall | 27th percentile | 717 of 986 |
| Sector | 39th percentile | 143 of 237 in Financial |
| Industry | 29th percentile | 19 of 27 in Property & Casualty Insurance |
GLRE PE Value Range, Past 5 Years
| Minimum | 21.24 | Mar 2012 |
| Maximum | 21.24 | Mar 2012 |
| Average | 21.24 |
About PE Value (Pro)
Click the "Learn More" link below to see how YCharts calculates the PE Value
This valuation method corrects for any recent price appreciations for discounts by assuming that the value of the company will be in line with its historical valuations based on PE ratios. It will show companies that have recently increased in price, without an accompanying increase in earnings, to be overvalued, and it will show companies with a recent decrease in price, without an accompanying decrease in earnings, to be undervalued.
This method is most difficult to trust with growth stocks. Some of these companies trade at PE multiples of more than 35 for many years as they experience their growth. However, multiples of 35+ are rare (as of August 30, 2010 only 12.5% of companies had a 5 year average PE greater than 35), and since there is no sure way to know when a company's growth will slow, we apply a maximum PE ratio of 35 to companies. This helps to ensure that investors do not purchase companies under the intuition (based on history) that a stock's "reasonable" PE ratio is 35+ over the long term. If an investor wants to apply that PE ratio consciously based on special information, they may do so, but there should be sound reason.
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GLRE News
about 7 days ago by tsxsmallcaps
about 7 days ago by STNet
about 7 days ago by StockTwits
about 7 days ago by abnormalreturns
May 21, 2:06AM Benzinga
about 13 days ago by abnormalreturns
about 13 days ago by abnormalreturns
May 14, 9:21AM GlobeNewswire
about 21 days ago by doomdog144
about 25 days ago by StockTwits
about 25 days ago by abnormalreturns
May 01, 11:24AM Seeking Alpha
about 56 days ago by BaselineAce
about 77 days ago by BaselineAce
Feb 22, 12:09PM Seeking Alpha
Feb 21, 5:17PM GlobeNewswire
Feb 15, 11:00AM GlobeNewswire
about 125 days ago by abnormalreturns
about 125 days ago by sellmeonu
about 125 days ago by Street_Insider
about 166 days ago by DedicatedShort
about 180 days ago by abnormalreturns
about 223 days ago by insidermonkey
about 271 days ago by STNet
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GLRE | 24.69 | +0.11 | +0.45% | 744.28M |
| GKSR | 30.37 | -0.04 | -0.13% | 572.62M |
| GKNT | 17.70 | +1.23 | +7.47% | 105.24M |
| GKK | 2.52 | +0.05 | +2.02% | 126.86M |
| GIVN | 17.25 | +0.09 | +0.52% | 526.30M |
| GIS | 39.06 | -0.02 | -0.05% | 25.19B |
| GILT | 3.29 | +0.02 | +0.61% | 135.05M |
| GILD | 50.97 | +0.48 | +0.95% | 38.27B |
| GIL | 25.13 | +0.09 | +0.36% | 3.043B |
| GIII | 25.41 | +0.71 | +2.87% | 488.32M |
