Meadowbrook Insurance Group (MIG)
Meadowbrook Insurance Group PE Value: 7.299
View MIG PE Value with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
MIG PE Value Rankings
| Overall | 6th percentile | 927 of 989 |
| Sector | 10th percentile | 212 of 238 in Financial |
| Industry | 3rd percentile | 26 of 27 in Property & Casualty Insurance |
MIG PE Value Range, Past 5 Years
| Minimum | 7.300 | Mar 2012 |
| Maximum | 12.85 | Sep 2010 |
| Average | 10.04 |
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.
Learn More
You may also be interested in these MIG related companies
MIG News
Apr 30, 5:58PM Street Insider
Apr 30, 4:01PM PR Newswire
Apr 04, 4:01PM PR Newswire
Mar 28, 2:05PM Street Insider
Mar 14, 4:01PM PR Newswire
about 80 days ago by DynamicDividend
about 100 days ago by stockpundits
about 107 days ago by Benzinga
Feb 14, 4:03PM Street Insider
Feb 14, 4:01PM PR Newswire
about 125 days ago by TradeIdeasQuant
about 125 days ago by TradeIdeasQuant
Jan 26, 8:00AM Benzinga
Jan 26, 7:46AM Street Insider
about 142 days ago by MarketBrief
about 143 days ago by MarketBrief
about 143 days ago by howardlindzon
Jan 09, 1:50PM PR Newswire
about 213 days ago by Benzinga
Oct 31, 4:09PM Street Insider
about 213 days ago by MarketBrief
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MIG | 8.85 | -0.17 | -1.88% | 450.64M |
| MIDD | 101.89 | -2.09 | -2.01% | 1.901B |
| MIC | 33.49 | -0.10 | -0.30% | 1.552B |
| MHY | 6.12 | -0.10 | -1.61% | |
| MHR | 4.00 | -0.21 | -4.99% | 522.28M |
| MHP | 43.82 | -0.62 | -1.40% | 12.20B |
| MHLD | 8.16 | +0.19 | +2.38% | 589.32M |
| MHK | 68.11 | -1.89 | -2.70% | 4.687B |
| MHI | 15.65 | +0.00 | +0.00% | |
| MCRI | 9.24 | -0.14 | -1.49% | 149.13M |
