Encore Capital Group, Inc. is an international specialty finance company. Co. provides debt recovery solutions and other related services for consumers across a range of financial assets. Through its subsidiaries, the Co. purchases portfolios of consumer receivables from banks, credit unions, and utility providers. It primarily purchases portfolios of defaulted consumer receivables at deep discounts to face value and manage them by working with individuals as they repay their obligations and work toward financial recovery. Co. also provide debt servicing and other portfolio management services to credit originators for non-performing loans in Europe. More details at: http://www.encorecapital.com.

Should Encore Capital Gr shares be given the Cheap Financial Shares label? To start, we see that the recent trading price for ECPG stock is $89.20 (as of 7/21/2026). The most recent quarter's (MRQ) earnings result, annualized, was $15.44/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Encore Capital Gr produced $12.89/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $13.08/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 6.8 for the TTM Median method, 5.8 for price to earnings using MRQ annualized, and 6.9 for current price/TTM earnings. Based on ECPG's history, that recent TTM PE is low relative to the historical average, with the recent PE 56.9% lower than the average (TTM method) of 16.0.

Jackson Financial Inc. is a financial services company, which helps to clarify the complexity of retirement planning for financial professionals and their clients. Its segments include Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers a variety of retirement income and savings products through its diverse suite of products, consisting primarily of variable annuities, fixed index annuities, fixed annuities, payout annuities, and registered index-linked annuities. The Institutional Products segment consists of traditional Guaranteed Investment Contracts, funding agreements and medium-term note funding agreements. More details at: http://www.jackson.com.

Should Jackson Finl shares be given the Cheap Financial Shares label? To start, we see that the recent trading price for JXN stock is $124.22 (as of 7/21/2026). The most recent quarter's (MRQ) earnings result, annualized, was $20.6/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Jackson Finl produced $22.79/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $22.64/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 5.5 for the TTM Median method, 6.0 for price to earnings using MRQ annualized, and 5.5 for current price/TTM earnings. Based on JXN's history, that recent TTM PE is elevated relative to the historical average, with the recent PE 41.0% higher than the average (TTM method) of 3.9.

The Travelers Companies, Inc. is a provider of property casualty insurance for auto, home and business. Co.'s segments include Business Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business Insurance segment offers a broad array of property and casualty insurance products and services. The Bond & Specialty Insurance segment offers surety, fidelity, management liability, professional liability, and other property and casualty coverages and related risk management services, primarily in the U.S., and certain surety and specialty insurance products in Canada, the United Kingdom and the Republic of Ireland, as well as Brazil. More details at: http://www.travelers.com.

Should Travelers Companies shares be given the Cheap Financial Shares label? To start, we see that the recent trading price for TRV stock is $369.63 (as of 7/21/2026). The most recent quarter's (MRQ) earnings result, annualized, was $40.16/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Travelers Companies produced $37.02/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $36.36/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 10.2 for the TTM Median method, 9.2 for price to earnings using MRQ annualized, and 10.0 for current price/TTM earnings. Based on TRV's history, that recent TTM PE is low relative to the historical average, with the recent PE 21.3% lower than the average (TTM method) of 12.7.

AXIS Capital Holdings Limited is a holding company. Co., through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions with operations in Bermuda, the U.S., Europe, Singapore and Canada. Its underwriting operations are organized around its global underwriting platforms: AXIS Insurance and AXIS Re. Co. operates through two segments: insurance and reinsurance. The insurance segment offers specialty insurance products to a variety of niche markets on a worldwide basis. The product lines in this segment are professional lines, property, liability, cyber, marine and aviation, accident and health, and credit and political risk. More details at: http://www.axiscapital.com.

Should Axis Capital Holdings shares be given the Cheap Financial Shares label? To start, we see that the recent trading price for AXS stock is $114.52 (as of 7/21/2026). The most recent quarter's (MRQ) earnings result, annualized, was $13.68/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Axis Capital Holdings produced $13.21/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $13.08/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 8.8 for the TTM Median method, 8.4 for price to earnings using MRQ annualized, and 8.7 for current price/TTM earnings. Based on AXS's history, that recent TTM PE is low relative to the historical average, with the recent PE 39.2% lower than the average (TTM method) of 14.3.

ARMOUR Residential REIT, Inc. is a real estate investment trust. Co. brings private capital into the mortgage markets to support home ownership for a broad and diverse spectrum of Americans. Co. seeks to create stockholder value through thoughtful investment and risk management of a leveraged and diversified portfolio of mortgage backed securities (MBS). It prioritizes maintaining common share dividends appropriate for the intermediate term rather than focusing on short-term market fluctuations. More details at: http://www.armourreit.com.

Should ARMOUR Residential REIT shares be given the Cheap Financial Shares label? To start, we see that the recent trading price for ARR stock is $16.43 (as of 7/21/2026). The most recent quarter's (MRQ) earnings result, annualized, was $3.04/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, ARMOUR Residential REIT produced $2.96/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $2.96/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 5.6 for the TTM Median method, 5.4 for price to earnings using MRQ annualized, and 5.6 for current price/TTM earnings. Based on ARR's history, that recent TTM PE is low relative to the historical average, with the recent PE 48.6% lower than the average (TTM method) of 10.9.