NMIH currently has a PE to growth ratio reading of 1.14 as of Aug 21, 2026. This value reflects a P/E ratio of 8.74 measured against EPS growth of 7.7%. When compared to the trailing four-quarter average of 0.97, NMIH's PEG ratio shows a 18% increase.
A ten years lookback shows an average PEG ratio of 0.49 for NMI Holdings Inc - Class A. Compared to historical data, NMIH's 1.14 PEG ratio represents an increase of 133%. NMIH reached its maximum PEG ratio of 3.55 during the Sep 2020 quarter over the past ten years. The Sep 2017 quarter had the bottom reading at 0, indicating the most optimal growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.73 | 8.14 | 11.1% |
| 2024 | 0.53 | 8.15 | 15.3% |
| 2023 | 0.57 | 7.59 | 13.3% |
| 2022 | 0.22 | 6.06 | 27.8% |
| 2021 | 0.36 | 8.09 | 22.7% |
| 2020 | N/A | 10.3 | -13.4% |
| 2019 | 0.25 | 13.06 | 53% |
| 2018 | 0.03 | 10.75 | 348.6% |
| 2017 | N/A | 45.95 | -65.7% |
| 2016 | 0.03 | 9.86 | 329.8% |
| 2015 | N/A | N/A | 44% |
| 2014 | N/A | N/A | 15.2% |
| 2013 | N/A | N/A | -35.6% |
| 2012 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 1.03 | 7.95 | 7.7% |
| Mar 2026 | 1.27 | 7.5 | 5.9% |
| Dec 2025 | 0.73 | 8.14 | 11.1% |
| Sep 2025 | 0.84 | 7.87 | 9.4% |
| Jun 2025 | 0.76 | 8.79 | 11.6% |
| Mar 2025 | 0.52 | 7.64 | 14.6% |
| Dec 2024 | 0.53 | 8.15 | 15.3% |
| Sep 2024 | 0.5 | 9.26 | 18.7% |
| Jun 2024 | 0.44 | 7.92 | 18.1% |
| Mar 2024 | 0.49 | 7.85 | 16.1% |
| Dec 2023 | 0.57 | 7.59 | 13.3% |
| Sep 2023 | 0.52 | 7.22 | 14% |
| Jun 2023 | 0.39 | 7.09 | 18.2% |
| Mar 2023 | 0.27 | 6.29 | 23.7% |
| Dec 2022 | 0.22 | 6.06 | 27.8% |
NMIH's PEG ratio today sits above its 3, 5 and 10-year averages.
NMI Holdings Inc - Class A's PEG of 1.14 is above the Financial Services sector and the industry average. Looking at its Financial Services sector average of 0.44, NMI Holdings Inc - Class A's PEG is 159% higher.
Compared to its peers, NMIH has a PEG ratio lower than stocks AIG and MTG, while greater than ALL's and HCI's.
NMIH shows a PEG ratio of 1.14, per Aug 21, 2026 data.
Over the last 3 years, NMIH's PEG ratio has averaged at 0.68.
Over the last 5 years, NMIH's PEG ratio has averaged at 0.56.
The Sep 2020 quarter marked the ten years high at 3.55 for NMIH's PEG ratio.
Currently, NMIH's PEG ratio is 133% higher than its 10-year historical average.
PEG equals PE divided by earnings per share growth (YoY TTM). As of Aug 21, 2026, NMI Holdings Inc - Class A has a P/E ratio of 8.74. Earnings grew at 7.7% over the TTM period ending Jun 2026. Applying the formula, this gives a price to earnings growth ratio of 1.14. PEG RATIO(1.14) = PE RATIO(8.74) / EPS GROWTH(7.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.