As of Jul 25, 2024, the Open Lending stock's PE ratio is 55.82. This results from the current EPS of $0.11 and stock price of $6.14. The P/E ratio marks an increase of 28% from the past four quarters average of 43.7.
The PE ratio of Open Lending has averaged 38.82 over the last six years. The current PE ratio of 55.82 is 44% above the historical average. Over the past six years, LPRO's PE ratio was at its highest in the Sep 2018 quarter at 139.14, when the stock price was $9.74 and the EPS was $0.07. The lowest value was in the Sep 2022 quarter, when it reached 10.44 with a price of $8.04 and an EPS of $0.77.
Maximum annual increase: 271.11% in 2023
Maximum annual decrease: -34.26% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 47.28 | 271.11% |
| 2022 | 12.74 | -34.26% |
| 2021 | 19.38 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
LPRO's current P/E ratio is above the 3 and 5-year historical averages.
Compared to its peer stock RM, LPRO's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RM Regional Management Corp | 13.45 | $314.11M |
| LPRO Open Lending Corp | 57.64 | $755.51M |
The price to earnings ratio for LPRO stock is 55.82 as of Jul 25, 2024.
The average PE ratio for LPRO stock over the past 3 years is 26.11.
The average PE ratio for LPRO stock over the past 5 years is 30.46.
The highest quarterly PE ratio in the last six years has been 139.14 and it was in the Sep 2018 quarter.
LPRO's price to earnings ratio is currently 44% above its 6-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Open Lending's stock price is $6.14. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.11. Therefore, Open Lending's P/E ratio for today is 55.82. PE RATIO(55.82) = STOCK PRICE($6.14) / TTM EPS($0.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.