Start with its own history
At 9.73×, AMSF is 40.7% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · AMSFInsurance - SpecialtyUpdated Nov 5, 2026
AMERISAFE, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
9.73×
40.7% belowthe 10-year annual average
Share price20.34
÷Earnings per share2.09
Price and EPS in quote currency. Calculation details
Investors are paying 9.73 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 16.40×
3-year average15.88×3 positive annual observations
5-year average16.29×5 positive annual observations
10-year average16.40×10 positive annual observations
Peer median · TTM14.08×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 21 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 15.49× | -12.6% |
| Dec 31, 2024 | 17.71× | +22.7% |
| Dec 31, 2023 | 14.44× | -19.7% |
| Dec 31, 2022 | 17.98× | +13.6% |
| Dec 31, 2021 | 15.83× | +23.8% |
| Dec 31, 2020 | 12.79× | -6.6% |
| Dec 31, 2019 | 13.70× | -9.9% |
| Dec 31, 2018 | 15.20× | -40.5% |
View all 21 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 25.56× | +67.3% |
| Dec 31, 2016 | 15.28× | +11.7% |
| Dec 31, 2015 | 13.68× | -7.0% |
| Dec 31, 2014 | 14.71× | -17.5% |
| Dec 31, 2013 | 17.82× | +6.0% |
| Dec 31, 2012 | 16.82× | -4.5% |
| Dec 31, 2011 | 17.61× | +86.2% |
| Dec 31, 2010 | 9.46× | +19.5% |
| Dec 31, 2009 | 7.92× | -15.6% |
| Dec 31, 2008 | 9.37× | +52.3% |
| Dec 31, 2007 | 6.15× | -25.2% |
| Dec 31, 2006 | 8.22× | N/M |
| Dec 31, 2005 | N/M | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How AMSF compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 AMSF This stockAMERISAFE, Inc. | 9.73× |
 EIGEmployers Holdings, Inc. | 27.99× |
 JRVRJames River Group Holdings, Ltd. | 7.91× |
 OSGOctave Specialty Group, Inc. | N/M |
 SKWDSkyward Specialty Insurance Group, Inc. | 14.08× |
 WRBW. R. Berkley Corporation | 16.15× |
 RLIRLI Corp. | 16.06× |
 MKLMarkel Corporation | 13.83× |
 GBLIGlobal Indemnity Group, LLC | 10.49× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does AMSF’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 14.08×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take AMSF into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("AMSF", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 20.34 ÷ EPS 2.09 = 9.73×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
AMSF P/E ratio: common questions
The essentials behind the numbers.
AMERISAFE, Inc.'s current P/E is 9.73× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.