Is The Hartford Insurance Group, Inc. (HIG) Undervalued?
Based on the current stock price of $138.67 and a P/E ratio of 11.35,The Hartford Insurance Group, Inc. has a PEG ratio of 0.51.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 0.51, HIG appears to be potentially undervalued relative to its growth rate of 22.10%.
Based on a PEG ratio of 0.48 (adjusted for dividends).
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How we analyzed HIG
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 11.35and dividing it by the annual growth rate of 22.10%.
PEG = 11.35 (P/E) ÷ 22.10 (Growth) = 0.51
Frequently Asked Questions about HIG
What is the current PEG Ratio for The Hartford Insurance Group, Inc. (HIG)?+
The current PEG Ratio for The Hartford Insurance Group, Inc. is 0.51. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is HIG stock undervalued right now?+
Based on the PEG ratio of 0.51, The Hartford Insurance Group, Inc. appears to be potentially undervalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for HIG?+
The PEGY ratio for The Hartford Insurance Group, Inc. is 0.48. This metric accounts for dividend yield (1.73%), providing a more complete valuation picture.