> Glossary
Glossary
![Link to Hannover Re homepage](/hannoverre/quarter/2014/q1/layout//pic/hannover_re.png)
Glossary
Our glossary explains technical terms from the areas finance and reinsurance. We hope it facilitates the understanding of our texts, publications and annual reports. If you have comments or suggestions, please use our feedback form!
Price earnings ratio (PER)
a valuation ratio of a company’s share price compared to its per-share earnings.