Start with its own history
At 13.39×, DGICB is 54.3% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
13.39×
54.3% belowthe 8-observation annual average
Price and EPS in quote currency. Calculation details
Investors are paying 13.39 for every 1 of reported earnings per share.
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 9.00× | -10.4% |
| Dec 31, 2024 | 10.05× | -89.9% |
| Dec 31, 2023 | 99.93× | N/M |
| Dec 31, 2022 | N/M | N/M |
| Dec 31, 2021 | 17.43× | +122.9% |
| Dec 31, 2020 | 7.82× | -11.4% |
| Dec 31, 2019 | 8.82× | N/M |
| Dec 31, 2018 | N/M | N/M |
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 66.54× | +341.6% |
| Dec 31, 2016 | 15.07× | +3.8% |
| Dec 31, 2015 | 14.52× | -49.1% |
| Dec 31, 2014 | 28.54× | +81.3% |
| Dec 31, 2013 | 15.74× | +0.9% |
| Dec 31, 2012 | 15.60× | -97.8% |
| Dec 31, 2011 | 708.00× | +2100.3% |
| Dec 31, 2010 | 32.18× | -37.9% |
| Dec 31, 2009 | 51.80× | +184.2% |
| Dec 31, 2008 | 18.23× | +47.6% |
| Dec 31, 2007 | 12.35× | +4.0% |
| Dec 31, 2006 | 11.87× | +4.9% |
| Dec 31, 2005 | 11.32× | +18.4% |
| Dec 31, 2004 | 9.56× | -17.5% |
| Dec 31, 2003 | 11.58× | +41.6% |
| Dec 31, 2002 | 8.18× | -48.4% |
| Dec 31, 2001 | 15.84× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
DGICB This stockDonegal Group Inc. | 13.39× |
UFCSUnited Fire Group, Inc. | 10.37× |
SKWDSkyward Specialty Insurance Group, Inc. | 13.62× |
UVEUniversal Insurance Holdings, Inc. | 5.85× |
NODKNI Holdings, Inc. | 39.92× |
GBLIGlobal Indemnity Group, LLC | 10.28× |
ACICAmerican Coastal Insurance Corporation | 6.07× |
AIIAmerican Integrity Insurance Group, Inc. | 6.47× |
OIGOrion180 Insurance Group, Inc. Class A | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 13.39×, DGICB is 54.3% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 7 positive peer ratios above is 10.28×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
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
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("DGICB", "PE Ratio", "LQ")Share price 22.365 ÷ EPS 1.67 = 13.39×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
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.
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.
The essentials behind the numbers.
Donegal Group Inc.'s current P/E is 13.39× based on the quote data last updated Nov 2, 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.