ACT Enact Holdings PE ratio, current and historical analysis
The current PE ratio for Enact Holdings stock as of Oct 17, 2024 is 8.79. This is calculated based on the current EPS of $4.2 and the stock price of $36.93 per share. The P/E ratio has an increase of 23% from the past four quarters average of 7.2.
ACT PE ratio history
The average historical PE ratio of Enact Holdings for the last four years is 6.3. The current PE ratio of 8.79 is 40% above the historical average. Over the past four years, ACT's PE ratio was at its highest in the Mar 2024 quarter at 7.66, when the stock price was $31.18 and the EPS was $4.07. The lowest value was in the Sep 2022 quarter, when it reached 5.05 with a price of $22.17 and an EPS of $4.39.
Enact Holdings PE ratio by year
Maximum annual increase: 25.09% in 2023
Maximum annual decrease: -9.27% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 6.98 | 25.09% |
| 2022 | 5.58 | -9.27% |
| 2021 | 6.15 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
ACT average PE ratio chart
The current PE ratio of ACT is greater than its 3-year historical average.
ACT PE vs peers
Compared to its peers AFL and MET, ACT's PE ratio stands lower, however it is higher than LNC's. Enact Holdings's PE ratio is trading below the peer group average of 13.3.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LNC Lincoln National Corp | 3.49 | $5.72B |
| ACT Enact Holdings Inc | 8.79 | $5.75B |
| CNO CNO Financial Group Inc | 9.31 | $3.86B |
| UNM Unum Group | 9.4 | $11.93B |
| GL Globe Life Inc | 9.75 | $9.79B |
| AFL Aflac Inc | 12.07 | $64.4B |
| AIZ Assurant Inc | 13.14 | $10.26B |
| PFG Principal Financial Group Inc | 17.06 | $21.13B |
| PRI Primerica Inc | 22.48 | $9.51B |
| MET Metlife Inc | 23.03 | $60.01B |
Frequently asked questions
What is Enact Holdings's PE ratio?
ACT's price to earnings ratio is 8.79 as of Oct 17, 2024.
What is the 3-year average PE ratio for Enact Holdings (ACT)?
As an average over the last 3 years, ACT stock has a PE ratio of 6.2.
What is the highest PE ratio for ACT?
The current P/E of 8.79 represents the highest historical value in the last four years.
How does the current PE ratio for ACT compare to its historical average?
The current price to earnings ratio of ACT is 40% higher than the 4-year historical average.
Why is Enact Holdings's PE ratio so low?
ACT's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is ACT's PE ratio calculated (Enact Holdings PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Oct 17, 2024), Enact Holdings's stock price is $36.93. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $4.2. Therefore, Enact Holdings's P/E ratio for today is 8.79. PE RATIO(8.79) = STOCK PRICE($36.93) / TTM EPS($4.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.