Insurance Australia Group Stock

Insurance Australia Group P/E 2024

Insurance Australia Group P/E

19.5

Ticker

IAG.AX

ISIN

AU000000IAG3

WKN

941205

As of Sep 29, 2024, Insurance Australia Group's P/E ratio was 19.5, a 9.06% change from the 17.88 P/E ratio recorded in the previous year.

The Insurance Australia Group P/E history

Insurance Australia Group Aktienanalyse

What does Insurance Australia Group do?

Insurance Australia Group Ltd (IAG) is one of the largest insurers in Australia, with a history dating back to 1851. The company was established as The Australian Mutual Provident Society to provide insurance for people with modest incomes. Over the years, the company has continuously evolved and expanded its range of products to better meet the varying needs and requirements of customers. IAG's business model is based on providing insurance solutions for various industries and markets in Australia and New Zealand. The company operates various business segments, including Retail, Commercial, International, and Specialty. The Retail segment specializes in insurance solutions for individual customers, offering products such as auto, home, and travel insurance. Commercial focuses on providing insurance for businesses, such as fleet protection, goods, and properties. The International segment covers insurance solutions for customers in various countries such as Thailand, Vietnam, Indonesia, and India. Specialty offers specialized insurance products for specific industries such as tourism, hospitality, sports and leisure, and the public sector. IAG offers a variety of products to comprehensively protect its customers, including: - Auto insurance: This includes coverage for collisions, fire, theft, and damage caused by weather or other events. - Home insurance: This provides protection against damage to the home and property, particularly from fires, floods, or theft. - Travel insurance: This focuses on protecting customers during their domestic and international travels, including medical emergencies, trip cancellations, and lost luggage. - Health insurance: This involves the coverage of health costs and benefits for oneself and the family. IAG is known for its focus on sustainability and environmental protection. In 2015, the company set a goal to achieve a 25% net emissions reduction by 2020. It also has programs promoting diversity and inclusion, as well as supporting the community. Overall, IAG is a leading provider of insurance solutions in Australia and New Zealand. With a wide range of products, a sustainable business strategy, and a strong commitment to its customers, it continues to be a preferred choice for customers seeking high-quality insurance solutions. Insurance Australia Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Insurance Australia Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Insurance Australia Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Insurance Australia Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Insurance Australia Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Insurance Australia Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Insurance Australia Group stock

What is the price-to-earnings ratio of Insurance Australia Group?

The price-earnings ratio of Insurance Australia Group is currently 19.5.

How has the price-earnings ratio of Insurance Australia Group changed compared to last year?

The price-to-earnings ratio of Insurance Australia Group has increased by 9.06% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Insurance Australia Group high compared to other companies?

Yes, the price-to-earnings ratio of Insurance Australia Group is high compared to other companies.

How does an increase in the price-earnings ratio of Insurance Australia Group affect the company?

An increase in the price-earnings ratio of Insurance Australia Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Insurance Australia Group affect the company?

A decrease in the price-earnings ratio of Insurance Australia Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Insurance Australia Group?

Some factors that influence the price-earnings ratio of Insurance Australia Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Insurance Australia Group pay?

Over the past 12 months, Insurance Australia Group paid a dividend of 0.12 AUD . This corresponds to a dividend yield of about 1.6 %. For the coming 12 months, Insurance Australia Group is expected to pay a dividend of 0.12 AUD.

What is the dividend yield of Insurance Australia Group?

The current dividend yield of Insurance Australia Group is 1.6 %.

When does Insurance Australia Group pay dividends?

Insurance Australia Group pays a quarterly dividend. This is distributed in the months of September, March, September, March.

How secure is the dividend of Insurance Australia Group?

Insurance Australia Group paid dividends every year for the past 24 years.

What is the dividend of Insurance Australia Group?

For the upcoming 12 months, dividends amounting to 0.12 AUD are expected. This corresponds to a dividend yield of 1.61 %.

In which sector is Insurance Australia Group located?

Insurance Australia Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Insurance Australia Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Insurance Australia Group from 3/27/2024 amounting to 0.117 AUD, you needed to have the stock in your portfolio before the ex-date on 2/21/2024.

When did Insurance Australia Group pay the last dividend?

The last dividend was paid out on 3/27/2024.

What was the dividend of Insurance Australia Group in the year 2023?

In the year 2023, Insurance Australia Group distributed 0.169 AUD as dividends.

In which currency does Insurance Australia Group pay out the dividend?

The dividends of Insurance Australia Group are distributed in AUD.

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Andere Kennzahlen von Insurance Australia Group

Our stock analysis for Insurance Australia Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Insurance Australia Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.