AFG Trading at a Premium to Industry: What Should Investors Do Now?

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 2.39X is higher than the industry average of 1.63X. It has a Value Score of B. Shares of other insurers like The Travelers Companies, Inc. (TRV) , Palomar Holdings, Inc. (PLMR) and W.R. Berkley Corporation (WRB) are also trading at a multiple higher than the industry average. Image Source: Zacks Investment ResearchAmerican Financial shares have gained 2.1% ...