Why is QBE on a prospective P/e of 10 when SUN is on 17 and IAG on 19? QBE has a projected increase in EPS of 19% according to Westpac Share Trading. Can someone who knows the insurance game clarify? I know QBE's earnings are more erratic than SUN and IAG but a 70% difference seems extraordinary. I know SUN and IAG are basically Aust/NZ and QBE has wider world exposure particularly crop in the US etc, but surely if doubt over QBE projections wouldn't an appropriate P/e be closer to 14-15? Help.. Are there better numbers available elsewhere for comparison?
Why is QBE on a prospective P/e of 10 when SUN is on 17 and IAG...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$22.75 |
Change
0.220(0.98%) |
Mkt cap ! $34.35B | |||
| Open | High | Low | Value | Volume |
| $22.50 | $22.80 | $22.48 | $39.39M | 1.737M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 7506 | $22.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.76 | 135 | 1 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| QBE (ASX) Chart |