NMIH NMI Holdings PE ratio, current and historical analysis
The current PE ratio for NMI Holdings stock as of Nov 21, 2024 is 8.6. This is calculated based on the TTM EPS of $4.45 and the stock price of $38.27 per share. The PE ratio has increased by 5% from its last 4 quarters average of 8.2.
NMIH PE ratio history
The average historical PE ratio of NMI Holdings for the last eight years is 11.1. The current price-to-earnings ratio of 8.6 is 23% less than the historical average. Analyzing the last eight years, NMIH's PE ratio reached its highest point in the Dec 2017 quarter at 45.95, when the price was $17 and the EPS was $0.37. The lowest point was recorded in the Mar 2020 quarter, when it reached 4.02 with a price of $11.61 and an EPS of $2.89.
NMI Holdings PE ratio by year
Maximum annual increase: 366.02% in 2017
Maximum annual decrease: -76.61% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.59 | 25.25% |
| 2022 | 6.06 | -25.09% |
| 2021 | 8.09 | -21.46% |
| 2020 | 10.3 | -21.13% |
| 2019 | 13.06 | 21.49% |
| 2018 | 10.75 | -76.61% |
| 2017 | 45.95 | 366.02% |
| 2016 | 9.86 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
NMIH average PE ratio chart
NMIH's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.
NMIH PE vs peers
When compared to its peers ALL and ERIE, NMIH's PE ratio is lower, but it is higher than ESNT's and HCI's. NMI Holdings's PE ratio is trading below the peer average of 13.95.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HCI HCI Group Inc | 7.42 | $1.16B |
| ESNT Essent Group Ltd | 8.01 | $5.94B |
| NMIH NMI Holdings Inc | 8.6 | $3.03B |
| RDN Radian Group Inc | 8.75 | $5.07B |
| MTG Mgic Investment Corp | 8.79 | $6.33B |
| ALL Allstate Corp | 13.04 | $53.88B |
| HMN Horace Mann Educators Corp | 16.24 | $1.67B |
| ERIE Erie Indemnity Co | 35.42 | $19.63B |
| AIG American International Group Inc | N/A | $47.39B |
Frequently asked questions
What is NMI Holdings's PE ratio?
As of Nov 21, 2024, NMIH stock has a price to earnings ratio of 8.6.
What is the 3-year average PE ratio for NMI Holdings (NMIH)?
The average PE ratio for NMIH stock over the past 3 years is 7.18.
What is the 5-year average PE ratio for NMI Holdings (NMIH)?
The average PE ratio for NMIH stock over the past 5 years is 7.87.
What is the highest PE ratio for NMIH?
Over the last eight years, the quarterly PE ratio reached its highest level at 45.95 in the Dec 2017 quarter.
How does the current PE ratio for NMIH compare to its historical average?
The current PE ratio of NMIH is 23% lower than the 8-year historical average.
Why is NMI Holdings's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
How is NMIH's PE ratio calculated (NMI Holdings PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), NMI Holdings's share price is $38.27. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.45. Therefore, NMI Holdings's price to earnings ratio for today is 8.6. PE RATIO(8.6) = STOCK PRICE($38.27) / TTM EPS($4.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.