As of Nov 21, 2024, the Open Lending stock's PE ratio is 212.0. This results from the current EPS of $0.03 and stock price of $6.36. The P/E ratio marks an increase of 89% from the past four quarters average of 111.9.
The PE ratio of Open Lending has averaged 56.55 over the last seven years. The current PE ratio of 212.0 is comparable to the historical average. Over the past seven years, LPRO's PE ratio was at its highest in the Sep 2024 quarter at 204, when the stock price was $6.12 and the EPS was $0.03. 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 | 12.12 | $301.85M |
LPRO Open Lending Corp | 212 | $759.07M |
The price to earnings ratio for LPRO stock is 212 as of Nov 21, 2024.
The average PE ratio for LPRO stock over the past 3 years is 50.41.
The average PE ratio for LPRO stock over the past 5 years is 50.65.
The current P/E of 212 represents the highest historical value in the last seven years.
LPRO's price to earnings ratio is currently 275% above its 7-year historical average.
LPRO's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
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 (Nov 21, 2024), Open Lending's stock price is $6.36. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.03. Therefore, Open Lending's P/E ratio for today is 212. PE RATIO(212) = STOCK PRICE($6.36) / TTM EPS($0.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.