Latest Ratios: P/E Ratio 9.9x · EV/EBITDA 8.4x · ROE 10.8%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $15.0B | $14.1B | $15.5B | $14.6B | $12.9B | $10.8B | $9.3B | $11.2B | $8.9B | $9.1B | $9.1B |
| Enterprise Value | $17.3B | $16.3B | $19.9B | $18.9B | $17.0B | $14.8B | $11.8B | $11.4B | $9.3B | $9.5B | $9.3B |
| P/E Ratio → | 9.86 | 8.96 | 11.41 | 5.87 | 21.81 | 7.91 | 18.32 | 11.21 | 86.07 | 19.48 | 9.14 |
| P/S Ratio | 0.87 | 0.81 | 0.91 | 1.01 | 1.08 | 0.95 | 0.97 | 1.36 | 1.21 | 1.38 | 1.57 |
| P/B Ratio | 1.00 | 0.91 | 1.12 | 1.11 | 1.53 | 1.06 | 0.96 | 1.23 | 1.13 | 1.09 | 1.13 |
| P/FCF | 4.42 | 4.13 | 3.12 | 3.21 | 3.50 | 2.81 | 3.24 | 6.04 | 14.61 | 7.86 | 6.58 |
| P/OCF | 4.42 | 4.13 | 3.12 | 3.21 | 3.50 | 2.81 | 3.24 | 6.04 | 14.61 | 7.86 | 6.58 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.94 | 1.16 | 1.31 | 1.41 | 1.30 | 1.23 | 1.39 | 1.26 | 1.44 | 1.60 |
| EV / EBITDA | 8.37 | 7.89 | 12.10 | 8.26 | 24.60 | 9.13 | 18.98 | 10.09 | — | 21.13 | 8.15 |
| EV / EBIT | 8.86 | 7.89 | 12.10 | 8.26 | 24.60 | 9.13 | 18.98 | 10.09 | — | 21.13 | 8.15 |
| EV / FCF | — | 4.80 | 4.01 | 4.15 | 4.59 | 3.85 | 4.10 | 6.16 | 15.22 | 8.20 | 6.69 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.5% | 20.5% | 14.5% | 21.3% | 11.3% | 15.3% | 12.2% | 19.5% | 2.6% | 12.0% | 25.3% |
| Operating Margin | 11.3% | 11.3% | 8.8% | 14.9% | 4.9% | 13.6% | 6.1% | 13.4% | -3.3% | 6.3% | 19.0% |
| Net Profit Margin | 9.2% | 9.2% | 8.0% | 17.4% | 5.0% | 12.2% | 5.4% | 12.3% | 1.2% | 7.3% | 17.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.8% | 10.8% | 10.1% | 23.3% | 6.4% | 13.9% | 5.5% | 11.9% | 1.1% | 5.9% | 12.7% |
| ROA | 2.7% | 2.7% | 2.6% | 5.6% | 1.5% | 3.9% | 1.7% | 3.9% | 0.4% | 2.1% | 4.7% |
| ROIC | 8.1% | 8.1% | 6.3% | 10.8% | 3.3% | 8.8% | 4.1% | 9.4% | -2.1% | 3.7% | 10.2% |
| ROCE | 10.9% | 10.9% | 9.7% | 17.4% | 5.5% | 17.2% | 2.0% | 4.2% | -1.0% | 1.9% | 5.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.23 | 0.23 | 0.43 | 0.43 | 0.64 | 0.54 | 0.34 | 0.11 | 0.13 | 0.12 | 0.08 |
| Debt / EBITDA | 1.74 | 1.74 | 3.62 | 2.51 | 7.88 | 3.36 | 5.29 | 0.91 | — | 2.28 | 0.56 |
| Net Debt / Equity | — | 0.15 | 0.32 | 0.33 | 0.48 | 0.39 | 0.26 | 0.02 | 0.05 | 0.05 | 0.02 |
| Net Debt / EBITDA | 1.10 | 1.10 | 2.67 | 1.88 | 5.85 | 2.47 | 4.00 | 0.20 | — | 0.88 | 0.13 |
| Debt / FCF | — | 0.67 | 0.89 | 0.94 | 1.09 | 1.04 | 0.86 | 0.12 | 0.61 | 0.34 | 0.11 |
| Interest Coverage | 14.88 | 14.88 | 11.02 | 17.07 | 6.82 | 23.09 | 17.25 | 35.68 | -6.80 | 14.27 | 31.36 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.76 | 0.76 | 0.78 | 0.74 | 0.63 | 1.17 | — | — | — | — | — |
| Quick Ratio | 0.76 | 0.76 | 0.78 | 0.74 | 0.63 | 1.17 | — | — | — | — | — |
| Cash Ratio | 0.46 | 0.46 | 0.51 | 0.48 | 0.39 | 0.94 | — | — | — | — | — |
| Asset Turnover | — | 0.28 | 0.30 | 0.29 | 0.30 | 0.30 | 0.29 | 0.30 | 0.30 | 0.28 | 0.27 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.2% | 2.4% | 2.2% | 2.0% | 2.0% | 2.3% | 2.7% | 2.1% | 2.4% | 2.3% | 2.1% |
| Payout Ratio | 21.1% | 21.1% | 24.3% | 11.4% | 42.7% | 17.9% | 48.4% | 23.2% | 242.8% | 42.9% | 19.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 10.1% | 11.2% | 8.8% | 17.0% | 4.6% | 12.6% | 5.5% | 8.9% | 1.2% | 5.1% | 10.9% |
| FCF Yield | 22.6% | 24.2% | 32.0% | 31.2% | 28.6% | 35.6% | 30.9% | 16.6% | 6.8% | 12.7% | 15.2% |
| Buyback Yield | 5.4% | 5.8% | 1.3% | 0.0% | 0.5% | 2.1% | 2.2% | 0.2% | 0.8% | 0.5% | 4.2% |
| Total Shareholder Yield | 7.6% | 8.2% | 3.5% | 2.0% | 2.4% | 4.4% | 4.8% | 2.3% | 3.3% | 2.8% | 6.4% |
| Shares Outstanding | — | $41M | $43M | $41M | $39M | $39M | $40M | $40M | $41M | $41M | $42M |
Catastrophe loss volatility
Based on current market data, Everest Group trades at a P/B ratio of 0.95, which suggests that investors remain cautious regarding the firm's ability to consistently generate returns above its cost of capital given the inherent volatility of its global reinsurance and primary insurance business model.
The current P/B multiple below parity indicates that the market is pricing in a potential for future reserve adjustments or catastrophe-driven earnings shocks. This valuation discount relative to peers like Arch Capital suggests that the market requires further evidence of sustained underwriting stability before re-rating the stock toward book value.
According to quarterly financial reports, the combined ratio has fluctuated significantly, ranging from a low of 79.6% in 2024Q1 to a peak of 116.1% in 2024Q4, highlighting the persistent sensitivity of underwriting profitability to large-scale catastrophe events and the firm's evolving portfolio mix.
While the 2026Q1 combined ratio of 81.9% demonstrates a recovery from the 2024Q4 loss event, the wide variance in loss ratios suggests that the company's underwriting results remain highly susceptible to external shocks. Investors should monitor whether the recent shift toward specialty lines can effectively dampen this volatility over the long term.
As reported in recent financial statements, Everest Group's ROE has shown a recovery to 4.2% in 2026Q1 following the negative performance in 2024Q4, yet this remains below historical peaks, indicating that the firm's profitability is still heavily reliant on the successful execution of its underwriting strategy.
The contribution of investment income on float remains a critical stabilizer, but the primary driver of ROE expansion must be the consistent achievement of underwriting margins below 90%. The current ROE trajectory suggests that while the firm is profitable, it has not yet fully optimized the return on its capital base.
Based on the provided financial data, the company maintains a D/E ratio of 0.23, which appears to provide a robust capital buffer that supports its underwriting leverage and allows the firm to maintain lead positions in competitive reinsurance markets without overextending its balance sheet.
This conservative leverage profile is a key strength, providing the necessary liquidity to absorb significant catastrophe losses without requiring immediate capital raises. However, the firm must balance this capital strength with the need to deploy funds efficiently to generate competitive returns for shareholders.
The P/E ratio is frequently misapplied to Everest Group, as it fails to account for the significant volatility in earnings caused by catastrophe-related reserve adjustments, which can render trailing earnings multiples misleading for assessing the company's long-term underwriting franchise value.
Investors should prioritize the P/B ratio and the combined ratio over P/E, as these metrics better reflect the underlying value of the firm's invested assets and the profitability of its core underwriting operations. Relying on P/E during periods of high catastrophe activity may lead to an inaccurate assessment of the company's true earnings power.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying EG stock.
Everest Re Group, Ltd.'s current P/E ratio is 9.9x. The historical average is 13.5x. This places it at the 59th percentile of its historical range.
Everest Re Group, Ltd.'s current EV/EBITDA is 8.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.0x.
Everest Re Group, Ltd.'s return on equity (ROE) is 10.8%. The historical average is 10.7%.
Based on historical data, Everest Re Group, Ltd. is trading at a P/E of 9.9x. This is at the 59th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Everest Re Group, Ltd.'s current dividend yield is 2.17% with a payout ratio of 21.1%.
Everest Re Group, Ltd. has 20.5% gross margin and 11.3% operating margin. Operating margin between 10-20% is typical for established companies.
Everest Re Group, Ltd.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.