ABL
Price:
$6.94
Market Cap:
$678.40M
Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States. It operates in five segments: Active Management, Originations, Asset Management, Portfolio Servicing, and Technology Services. The Active Management segment is involved in the buying, selling, and trading of policies; and the maintenance of policies until receipt of death benefits. Its Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, who are often the original policy owners. The Asset Management segment provides asset management services to investors investing in alternative investment and equity portfolio funds based on...[Read more]
Industry
Insurance - Life
IPO Date
2020-09-14
Stock Exchange
NASDAQ
Ticker
ABL
According to Abacus Global Management, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 138.80. This represents a change of 550.06% compared to the average of 0.03 of the last 4 quarters.
The mean historical PE Ratio of Abacus Global Management, Inc. over the last ten years is 180.95. The current 138.80 PE Ratio has changed 7.57% with respect to the historical average. Over the past ten years (40 quarters), ABL's PE Ratio was at its highest in in the June 2024 quarter at 186.57. The PE Ratio was at its lowest in in the June 2023 quarter at -499.37.
Average
180.95
Median
57.81
Minimum
-23.12
Maximum
498.43
Discovering the peaks and valleys of Abacus Global Management, Inc. 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 = 257.89%
Maximum Annual PE Ratio = 498.43
Minimum Annual Increase = -140.00%
Minimum Annual PE Ratio = -23.12
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -23.12 | -140.00% |
| 2023 | 57.81 | 257.89% |
| 2022 | 16.15 | -96.76% |
| 2021 | 498.43 | 40.22% |
The current PE Ratio of Abacus Global Management, Inc. (ABL) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
16.95
5-year avg
180.95
10-year avg
180.95
Abacus Global Management, Inc.’s PE Ratio is greater than Tekla Life Sciences Investors (-40.70), greater than Investors Title Company (13.60), greater than CION Investment Corporation (18.04), greater than BlackRock TCP Capital Corp. (-43.70), greater than Eagle Bancorp, Inc. (-5.45), greater than Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 (-2069.43), greater than Third Coast Bancshares, Inc. (9.28), greater than Bar Harbor Bankshares (13.96), greater than Crawford & Company (16.79),
| Company | PE Ratio | Market cap |
|---|---|---|
| -40.70 | $496.32M | |
| 13.60 | $490.03M | |
| 18.04 | $513.10M | |
| -43.70 | $521.83M | |
| -5.45 | $655.71M | |
| -2069.43 | $2.48B | |
| 9.28 | $541.31M | |
| 13.96 | $519.01M | |
| 16.79 | $543.44M |
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