2851.TW
Price:
$26.2
Market Cap:
$20.97B
Central Reinsurance Corporation provides life and non-life insurance products in Taiwan and internationally. The company offers non-life insurance, such as fire, marine and aviation, casualty, motor, engineering insurance, and residential earthquake insurances. It also provides life, personal accident, and health insurances. The company was incorporated in 1968 and is based in Taipei, Taiwan.
Industry
Insurance - Reinsurance
IPO Date
2000-07-10
Stock Exchange
TAI
Ticker
2851.TW
According to Central Reinsurance Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 10.44. This represents a change of -39.15% compared to the average of 17.16 of the last 4 quarters.
The mean historical PE Ratio of Central Reinsurance Corporation over the last ten years is 12.49. The current 10.44 PE Ratio has changed 8.26% with respect to the historical average. Over the past ten years (40 quarters), 2851.TW's PE Ratio was at its highest in in the December 2019 quarter at 39.58. The PE Ratio was at its lowest in in the September 2022 quarter at -44.55.
Average
12.49
Median
9.23
Minimum
7.12
Maximum
41.40
Discovering the peaks and valleys of Central Reinsurance Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 388.42%
Maximum Annual PE Ratio = 41.40
Minimum Annual Increase = -78.76%
Minimum Annual PE Ratio = 7.12
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 8.23 | -6.45% |
| 2023 | 8.79 | -78.76% |
| 2022 | 41.40 | 388.42% |
| 2021 | 8.48 | -4.10% |
| 2020 | 8.84 | -16.72% |
| 2019 | 10.61 | 10.41% |
| 2018 | 9.61 | 35.01% |
| 2017 | 7.12 | -34.68% |
| 2016 | 10.90 | 0.01% |
| 2015 | 10.90 | 8.06% |
The current PE Ratio of Central Reinsurance Corporation (2851.TW) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
19.47
5-year avg
15.15
10-year avg
12.49
Central Reinsurance Corporation’s PE Ratio is less than Taiwan Fire & Marine Insurance Co., Ltd. (10.87), less than Farglory Life Insurance Co., Ltd. (13.25), less than China Bills Finance Corporation (13.41), less than Bank of Kaohsiung Co., Ltd. (19.06), less than Mercuries & Associates Holding, Ltd. (43.81), less than O-Bank Co., Ltd. (11.40), less than EnTie Commercial Bank Co., Ltd. (19.62), greater than Diamond Biofund Inc. (-7.39), less than Capital Futures Corporation (10.71), greater than Union Insurance Co., Ltd. (6.69),
| Company | PE Ratio | Market cap |
|---|---|---|
| 10.87 | $16.12B | |
| 13.25 | $23.13B | |
| 13.41 | $22.70B | |
| 19.06 | $23.09B | |
| 43.81 | $17.33B | |
| 11.40 | $25.40B | |
| 19.62 | $26.53B | |
| -7.39 | $14.31B | |
| 10.71 | $12.85B | |
| 6.69 | $6.51B |
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