QBE 1.50% $16.29 qbe insurance group limited

Ann: QBE UPDATES THE MARKET ON FY17 RESULTS EXPECTATIONS, page-12

  1. 16,888 Posts.
    lightbulb Created with Sketch. 8359
    "p/e only 9."

    Trouble is, this is an insurance underwriter, meaning the "e" in that valuation ratio could be anything.

    So you may as well say, "p/e somewhere less than 100... (that, is when it isn't negative because of underwriting losses, as is the case now)"
 
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