Question 1

What is AMERISAFE's P/E ratio?

Accepted Answer

AMERISAFE (AMSF) P/E ratio is 12.5× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for AMERISAFE?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For AMERISAFE specifically, the relevant sector benchmark is the current sector median of 13.1×.

Question 5

Is AMERISAFE's P/E ratio high or low?

Accepted Answer

AMERISAFE's P/E ratio of 12.5× is below its own 5-year average of 16.5× and below the sector median of 13.1×. That places the current reading at the 13th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is AMERISAFE's historical P/E ratio range?

Accepted Answer

In the available daily series, AMERISAFE (AMSF) P/E ratio has ranged from a low of 0.3× in 2005 to a high of 29.8× in 2022. The 5-year average is 16.5× and the 5-year median is 15.7×.

Question 7

What was AMERISAFE's P/E ratio in 2025?

Accepted Answer

AMERISAFE (AMSF) P/E ratio at the end of 2025 was 15.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does AMERISAFE's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$725M	$47.1M	15.4×	-2.4×	Dec 31, 2025
2024	$983M	$55.4M	17.7×	+3.2×	Dec 31, 2024
2023	$901M	$62.1M	14.5×	-3.4×	Dec 31, 2023
2022	$994M	$55.6M	17.9×	+2.0×	Dec 31, 2022
2021	$1.04B	$65.8M	15.8×	+3.0×	Dec 31, 2021
2020	$1.11B	$86.6M	12.8×	-0.9×	Dec 31, 2020
2019	$1.27B	$92.7M	13.7×	-1.5×	Dec 31, 2019
2018	$1.09B	$71.6M	15.2×	-10.3×	Dec 31, 2018
2017	$1.18B	$46.2M	25.6×	+10.2×	Dec 31, 2017
2016	$1.19B	$77.9M	15.3×	+1.6×	Dec 31, 2016
2015	$969M	$70.5M	13.7×	-1.1×	Dec 31, 2015
2014	$795M	$53.7M	14.8×	-3.1×	Dec 31, 2014
2013	$780M	$43.6M	17.9×	+1.0×	Dec 31, 2013
2012	$496M	$29.4M	16.9×	-2.0×	Dec 31, 2012
2011	$422M	$22.3M	18.9×	+9.3×	Dec 31, 2011
2010	$319M	$33.4M	9.6×	+2.3×	Dec 31, 2010
2009	$339M	$46.4M	7.3×	-1.5×	Dec 31, 2009
2008	$387M	$43.8M	8.8×	+3.0×	Dec 31, 2008
2007	$292M	$50.2M	5.8×	-1.9×	Dec 31, 2007
2006	$289M	$37.4M	7.7×	-21.8×	Dec 31, 2006
2005	$175M	$5.93M	29.6×	—	Dec 31, 2005
1995	$189M	$9.3M	20.3×	—	Dec 31, 1995


Ameriprise Financial (AMP)	10.6×
Auburn National Bancorporation (AUBN)	10.5×
1st Source (SRCE)	10.5×
Truist Financial (TFC)	10.4×
Eagle Financial Services (EFSI)	10.0×
Prudential Financial (PRU)	9.8×
UMB Financial (UMBF)	9.7×
T. Rowe Price (TROW)	9.6×
Old Republic International (ORI)	9.5×
First Financial (THFF)	9.3×
Globe Life (GL-PD)	9.3×
Hartford Insurance Group (HIG)	9.3×
Assured Guaranty (AGO)	8.9×
Cincinnati Financial (CINF)	8.8×
Federal Agricultural Mortgage (AGM)	8.8×
Travelers Companies (TRV)	8.4×
PayPal (PYPL)	8.2×
PSB Holdings (PSBQ)	7.5×
Arch Capital Group (ACGL)	7.1×
AXIS Capital Holdings (AXS)	7.0×
Tompkins Financial (TMP)	6.7×
Everest Group (EG)	6.5×
Mercury General (MCY)	5.8×
Allstate (ALL)	4.4×
Atlantic Union Bankshares (AUB)	0.0×

P/E Ratio for AMERISAFE (AMSF) 1995-2026

P/E Ratio daily chart for AMERISAFE (AMSF)

Historical P/E Ratio for AMERISAFE (AMSF) from 1995 to 2025

About P/E Ratio at AMERISAFE (AMSF)

AMERISAFE P/E Ratio by Year

AMERISAFE P/E Ratio 2025: 15.4×

AMERISAFE P/E Ratio 2024: 17.7×

AMERISAFE P/E Ratio 2023: 14.5×

AMERISAFE P/E Ratio 2022: 17.9×

AMERISAFE P/E Ratio 2021: 15.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

AMERISAFE (AMSF) Key Financials