As of Oct 2, 2023, the Open Lending stock's PE ratio is 20.31. This results from the current EPS of $0.35 and stock price of $7.11. The P/E ratio marks an increase of 17% from the past four quarters average of 17.3.
The PE ratio of Open Lending has averaged 35.98 over the last five years. The current PE ratio of 20.31 is 44% below the historical average. Over the past five 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 decrease: -34.26% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 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 below the 3 and 5-year averages.
Compared to its peer stock RM, LPRO's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RM Regional Management Corp | 9.13 | $264.13M |
| LPRO Open Lending Corp | 20.16 | $851.52M |
| SFE Safeguard Scientifics Inc | N/A | $16.69M |
The price to earnings ratio for LPRO stock is 20.31 as of Oct 2, 2023.
The average PE ratio for LPRO stock over the past 3 years is 24.52.
The average PE ratio for LPRO stock over the past 5 years is 24.52.
The highest quarterly PE ratio in the last five years has been 139.14 and it was in the Sep 2018 quarter.
LPRO's price to earnings ratio is currently 44% below its 5-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 (Oct 2, 2023), Open Lending's stock price is $7.11. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $0.35. Therefore, Open Lending's P/E ratio for today is 20.31. PE RATIO(20.31) = STOCK PRICE($7.11) / TTM EPS($0.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.