AFG Trading at a Premium to Industry: How Should You Play the Stock?

Shares of American Financial Group, Inc. (AFG) are trading at a premium to the Zacks Property and Casualty Insurance industry. Its price-to-book value of 2.46X is higher than the industry average of 1.68X. It has a Value Score of B.Image Source: Zacks Investment ResearchShares of The Travelers Companies, Inc. (TRV) are also trading at a multiple higher than the industry average, while NMI Holdings Inc (NMIH) and Cincinnati Financial Corporation (CINF) shares are trading at a discount.American Financial shar ...