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GREENLIGHT CAPITAL RE, LTD. GLRE

Nasdaq · stock · Fire, Marine & Casualty Insurance · website · IPO 2007-05-24 · LEI

GREENLIGHT CAPITAL RE, LTD. statistics & valuation

Market cap$554.9M
P / E7.4×
P / S0.8×
P / B0.8×
Net margin10.3%
Return on equity10.6%
Net cash$107.0M
Enterprise value USD$447.8M
Graham number +104.7%$31.65

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($31.65); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.60% -7.00% -191.30% -0.70% 0.80% 3.00% 4.80% 13.00% 6.20% 10.30% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
5.10% -5.30% -73.30% -0.80% 0.80% 3.70% 5.00% 14.60% 6.70% 10.60% 2016201720182019202020212022202320242025
Shares outstanding
37.3M 37.0M 36.0M 36.1M 36.3M 34.4M 39.8M 35.3M 34.8M 34.5M 2016201720182019202020212022202320242025
Net debt ($)
$42.3M $22.2M -$3.9M -$107.0M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.70% -1.30% -24.40% -0.30% 0.30% 1.20% 1.60% 5.00% 2.10% 3.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.16× 0.12× 0.10× 0.01× 2016201720182019202020212022202320242025
EPS ($)
$1.20 -$1.21 -$9.74 -$0.11 $0.11 $0.51 $0.73 $2.50 $1.24 $2.17 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

GREENLIGHT CAPITAL RE, LTD. trades at about 7.1× earnings — below its 10-year norm (10-year range 4.6×–68.3×, median 13.5×).

4.6× 68.3×

Shaded band = 10-year range (4.6×–68.3×); dot = today's 7.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin10.3%6.2%13.0%4.8%3.0%0.8%-0.7%-191.3%-7.0%7.6%
Return on assets3.4%2.1%5.0%1.6%1.2%0.3%-0.3%-24.4%-1.3%1.7%
Return on equity10.6%6.7%14.6%5.0%3.7%0.8%-0.8%-73.3%-5.3%5.1%
Debt / equity0.01×0.10×0.12×0.16×——————

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.