AXIS Capital Holdings Ltd. Experiences Revision in Its Stock Evaluation Metrics

AXIS Capital Holdings Ltd., a small-cap player in the insurance industry, has recently undergone a valuation adjustment. The company's financial metrics reveal a P/E ratio of 20, alongside a price-to-book value of 3.09. Its EV to EBITDA stands at 364.24, while the EV to EBIT is notably high at 16,185.14. The PEG ratio is reported at 0.42, and the dividend yield is an impressive 61.91%. Additionally, AXIS Capital boasts a return on equity (ROE) of 15.36%.
In comparison to its peers, AXIS Capital's valuation appears favorable. CNA Financial Corp. is positioned with a lower P/E ratio of 14.82, while Unum Group, also attractive, has a P/E of 13.25. On the other hand, companies like Reinsurance Group of America and Kinsale Capital Group are categorized as expensive, with P/E ratios of 20.92 and 23.57, respectively.

AXIS Capital's recent performance shows a year-to-date return of 4.40%, trailing behind the S&P 500's 13.30%. However, over a three-year period, AXIS has outperformed the index with a return of 82.34% compared to the S&P 500's 81.19%. This evaluation adjustment reflects the company's competitive positioning within the insurance sector.