The current PE ratio for Enact Holdings stock as of Nov 21, 2024 is 7.94. This is calculated based on the current EPS of $4.33 and the stock price of $34.39 per share. The P/E ratio has an increase of 4.7% from the past four quarters average of 7.6.
The average historical PE ratio of Enact Holdings for the last four years is 6.46. The current PE ratio of 7.94 is 23% above the historical average. Over the past four years, ACT's PE ratio was at its highest in the Sep 2024 quarter at 8.39, when the stock price was $36.33 and the EPS was $4.33. 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.
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 |
The current PE ratio of ACT is greater than its 3-year historical average.
Compared to its peer stocks AFL and MET, ACT's PE ratio stands lower. Enact Holdings's PE ratio is trading below the peer group average of 16.02.
Stock name | PE ratio | Market cap |
---|---|---|
ACT Enact Holdings Inc | 7.94 | $5.28B |
UNM Unum Group | 8.15 | $13.77B |
GL Globe Life Inc | 9.15 | $9.15B |
CNO CNO Financial Group Inc | 15.57 | $4.06B |
AIZ Assurant Inc | 15.98 | $11.55B |
AFL Aflac Inc | 16.65 | $62.07B |
MET Metlife Inc | 17.11 | $58.99B |
PRI Primerica Inc | 22.64 | $9.91B |
LNC Lincoln National Corp | 22.91 | $5.93B |
PFG Principal Financial Group Inc | N/A | $19.37B |
ACT's price to earnings ratio is 7.94 as of Nov 21, 2024.
As an average over the last 3 years, ACT stock has a PE ratio of 6.38.
In the last four years, the Sep 2024 quarter recorded the highest quarterly PE ratio at 8.39.
The current price to earnings ratio of ACT is 23% higher than the 4-year historical average.
ACT's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Enact Holdings's stock price is $34.39. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.33. Therefore, Enact Holdings's P/E ratio for today is 7.94. PE RATIO(7.94) = STOCK PRICE($34.39) / TTM EPS($4.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.