NMIH currently has a PE to growth ratio reading of 1.3 as of Jun 23, 2026. This value reflects a P/E ratio of 7.68 measured against EPS growth of 5.9%. When compared to the trailing four-quarter average of 0.9, NMIH's PEG ratio shows a 44% increase.
A ten years lookback shows an average PEG ratio of 0.47 for NMI Holdings. Compared to historical data, NMIH's 1.3 PEG ratio represents an increase of 177%. 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 |
|---|---|---|---|
| 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% |
| Sep 2022 | 0.22 | 6.19 | 28.5% |
NMIH's PEG ratio today sits above its 3, 5 and 10-year averages.
NMI Holdings's PEG of 1.3 is above the Financial Services sector, the industry and its peers average. Looking at its Financial Services sector average of 0.47, NMI Holdings's PEG is 177% higher.
Compared to its peers, NMIH has a PEG ratio lower than stocks MTG and ESNT, while greater than ALL's and AIG's. At 1.3, NMI Holdings's PEG ratio stands higher than the peer group average of 0.11.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| ALL Allstate Corp | 0.02 | $59.61B |
| AIG American International Group Inc | 0.04 | $40.58B |
| HCI HCI Group Inc | 0.08 | $2.2B |
| HMN Horace Mann Educators Corp | 0.28 | $2.05B |
| NMIH NMI Holdings Inc | 1.3 | $2.92B |
| MTG Mgic Investment Corp | 2.15 | $5.6B |
| RDN Radian Group Inc | 2.48 | $4.74B |
| ESNT Essent Group Ltd | 3.24 | $5.51B |
| ERIE Erie Indemnity Co | N/A | $10.21B |
NMIH shows a PEG ratio of 1.3, per Jun 23, 2026 data.
Over the last 3 years, NMIH's PEG ratio has averaged at 0.63.
Over the last 5 years, NMIH's PEG ratio has averaged at 0.54.
The Sep 2020 quarter marked the ten years high at 3.55 for NMIH's PEG ratio.
Currently, NMIH's PEG ratio is 177% higher than its 10-year historical average.
PEG equals PE divided by earnings per share growth (YoY TTM). As of Jun 23, 2026, NMI Holdings has a P/E ratio of 7.68. Earnings grew at 5.9% over the TTM period ending Mar 2026. Applying the formula, this gives a price to earnings growth ratio of 1.3. PEG RATIO(1.3) = PE RATIO(7.68) / EPS GROWTH(5.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.