Loading…
← CockpitCompetitor Analysis › GLRE Greenlight Capital Re, Ltd. Class AOpen in the cockpit ↗

Greenlight Capital Re, Ltd. Class AGLRECompetitor analysis, valuation and peers

United States · USD·Financials›Property/Casualty Insurance
Momentum neutral 58
Mkt cap
$518M
US dollars, full cap
Free float
75%
of shares outstanding
$/day
$1.72M
20-day average traded
P/B
0.76×
price to book
ROE
7.5%
delivered
Implied ROE
5.5%
what the price asks
Next earnings
124 days
10 Mar 2027
Close · USD$16.08
1D-1.8%
1W+9.7%
1M+7.4%
3M+4.8%
6M-10.0%
YTD+10.3%
1Y+31.3%
ATR %3.0%
Beta-0.09
52w lowhigh17.1% off high

What Greenlight Capital Re does

Employees: 84

Greenlight Capital Re at a glance

Size Greenlight Capital Re (GLRE) is a United States Financials company (Property/Casualty Insurance) with a market value of $518M, the 2668th largest of 3,117 United States companies the cockpit tracks. Shares closed at $16.08 on 6 Nov 2026.

Performance Over six months the shares fell 10.0%, against +14.8% for the median peer and -1.1% for the United States market (cap-weighted) — 4th lowest of 19 in its peer set.

Growth Revenue fell 0.8% over the last twelve months (peer median +11.0%); the operating margin is 5.2% (peer median 15.0%).

Valuation It trades at 0.76× book value against a peer median of 1.53× (3rd cheapest of 20).

Price implies The share price implies a return on equity of about 5.5%; Greenlight Capital Re delivers 7.5%, so the price asks less than the business earns today.

Short interest Short interest is 2.2% of the free float (15 Oct 2026).

Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 114GLRE 91
Six months, rebased to 100: Greenlight Capital Re against the median of its 19 peers (local-currency closes).

Greenlight Capital Re financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$675M$696M$668M$624M$474M
Revenue growth—+4%+7%+32%—
Net income$51.0M$74.8M$42.8M$86.8M$25.3M
Free cash flow$200M$210M$112M$7.51M-$31.8M
Capital expenditure$530,000$441,000$1.07M$0$0
Total debt$8.75M$7.40M$60.8M$74.8M$82.5M

Quarterly statements and history in the cockpit →

Greenlight Capital Re competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%0%+20%000370AII8715SBREACIC0004002832AMSFEIGGBLIHIPOHRTGASICUFCSSAFTKMPRGLRE6-month return →1-month return →
Up and to the right = strong over both horizons. Greenlight Capital Re is the large dot.

Fundamentals: return on equity against price-to-book

-25%0%25%50%75%00×250×500×750×000370AII8715ACIC000400EIGOIGHRTGUVEKMPRGLREReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Greenlight Capital Re is the large dot.

Capital: ROE delivered against the ROE the price implies

-20%0%20%40%-20%0%20%40%000370AII8715SBREACIC0004002832EIGGBLIHIPOHRTGUVEKMPRGLREROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Greenlight Capital Re is the large dot.

Greenlight Capital Re competitors and peer comparison

How Greenlight Capital Re compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Greenlight Capital Re against its 19 peers (data as of 6 Nov 2026)
MeasureGLREPeer medianRank in peer set
1-month return+7.4%-0.7%3rd highest of 20
6-month return-10.0%+14.8%4th lowest of 19
Return on equity7.5%14.9%6th lowest of 20
Price / book0.76×1.53×3rd cheapest of 20
Trailing P/E11.1×10.3×8th most expensive of 18
ROE the price implies5.5%8.5%5th least demanding of 19
ROE delivered7.5%14.4%6th lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Greenlight Capital Re GLREUnited States$518M-10%-1%8%0.76×5.5%7.5%
Hanwha General Insurance 000370.KSSouth Korea$519M-9%+15%11%0.26×3.8%11.4%
American Integrity Insurance AIIUnited States$528M+37%+35%26%1.43×7.8%26.2%
Anicom 8715.TJapan$493M-31%+11%14%2.60×17.7%14.0%
Sabre Insurance SBRE.LUnited Kingdom$565M+17%-10%15%1.72×9.5%15.0%
American Coastal Insurance ACICUnited States$475M-5%-5%26%1.33×7.5%25.5%
Lotte Non-Life Insurance 000400.KSSouth Korea$569M+18%+19%-2%0.82×5.1%-2.1%
Taiwan Fire & Marine Insurance 2832.TWTaiwan$411M+3%+26%13%1.12×3.9%12.6%
AMERISAFE AMSFUnited States$363M-35%+8%16%1.53×8.1%15.8%
Employers EIGUnited States$830M+13%-13%3%1.06×7.7%3.0%
Global Indemnity Group LLC GBLIUnited States$318M-21%+3%4%0.45×5.0%4.4%
Orion180 Insurance OIGUnited States$888Mn/a+38%77%73.37×n/an/a
Hippo HIPOUnited States$929M+28%+21%7%1.98×22.6%7.2%
Heritage Insurance HRTGUnited States$984M+48%+2%42%1.64×14.1%41.7%
Ategrity Specialty Insurance ASICUnited States$1.16B+23%+30%16%1.89×9.3%15.8%
United Fire UFCSUnited States$1.23B-1%+11%15%1.31×9.0%14.9%
Universal Insurance UVEUnited States$1.29B+19%+6%41%2.00×13.1%40.8%
Shinkong Insurance 2850.TWTaiwan$1.51B+21%+22%24%2.27×6.6%24.0%
Safety Insurance SAFTUnited States$1.53B+46%+7%8%1.75×8.9%7.8%
Kemper KMPRUnited States$1.97B+10%-4%-19%0.90×9.4%-19.3%

Questions

Which companies are Greenlight Capital Re's closest peers?
The cockpit's peer set: Hanwha General Insurance (000370.KS), American Integrity Insurance (AII), Anicom (8715.T), Sabre Insurance (SBRE.L), American Coastal Insurance (ACIC), Lotte Non-Life Insurance (000400.KS), Taiwan Fire & Marine Insurance (2832.TW), AMERISAFE (AMSF).
Is Greenlight Capital Re expensive compared with its peers?
On price / book it trades at 0.76× against a peer median of 1.53×, 3rd cheapest of 20 in its peer set. The share price implies a return on equity of about 5.5%; Greenlight Capital Re delivers 7.5%, so the price asks less than the business earns today.
How has Greenlight Capital Re stock performed?
Over six months to 6 Nov 2026 the shares returned -10.0% against +14.8% for the median peer; over one year +31.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.