As of Nov 5, 2025, the NI Holdings stock's PE ratio is 166.75. This takes into account the latest EPS of $0.08 and stock price of $13.34.
The PE ratio of NI Holdings has averaged 53.78 over the last eight years. The current P/E ratio of 166.75 is similar to the historical average. Looking back at the last eight years, NODK's PE ratio peaked in the Mar 2022 quarter at 565.33, when the price was $16.96 and the EPS was $0.03. The lowest point was in the Mar 2021 quarter, when it reached 7.45 with a price of $18.48 and an EPS of $2.48.
Maximum annual increase: 449.15% in 2021
Maximum annual decrease: -52.68% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | N/A | N/A | $15.7 | -$0.29 |
| 2023 | N/A | N/A | $12.99 | -$0.26 |
| 2022 | N/A | N/A | $13.27 | -$2.49 |
| 2021 | 48.49 | 449.15% | $18.91 | $0.39 |
| 2020 | 8.83 | -38.89% | $16.42 | $1.86 |
| 2019 | 14.45 | 27.65% | $17.2 | $1.19 |
| 2018 | 11.32 | -52.68% | $15.73 | $1.39 |
| 2017 | 23.92 | N/A | $16.98 | $0.71 |
| 2016 | N/A | N/A | N/A | N/A |
| 2015 | N/A | N/A | N/A | N/A |
| 2014 | N/A | N/A | N/A | N/A |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2025 | 159.25 | N/A | $12.74 | $0.08 |
| Mar 2025 | N/A | N/A | $14.26 | -$0.29 |
| Dec 2024 | N/A | N/A | $15.7 | -$0.29 |
| Sep 2024 | N/A | N/A | $15.68 | -$0.45 |
| Jun 2024 | N/A | N/A | $15.3 | -$0.31 |
| Mar 2024 | 60.6 | N/A | $15.15 | $0.25 |
| Dec 2023 | N/A | N/A | $12.99 | -$0.26 |
| Sep 2023 | N/A | N/A | $12.87 | -$0.53 |
| Jun 2023 | N/A | N/A | $14.85 | -$1.01 |
| Mar 2023 | N/A | N/A | $13 | -$2.78 |
| Dec 2022 | N/A | N/A | $13.27 | -$2.49 |
| Sep 2022 | N/A | N/A | $13.36 | -$2.25 |
| Jun 2022 | N/A | N/A | $16.43 | -$2 |
| Mar 2022 | 565.33 | 1,065.87% | $16.96 | $0.03 |
| Dec 2021 | 48.49 | 206.51% | $18.91 | $0.39 |
Currently, NODK's PE ratio is higher than its 5-year average.
With a price to earnings (P/E) of 166.75, NODK ranks higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 13.73, NI Holdings's price to earnings (P/E) is 1,114% higher.
NODK's PE ratio stands higher than its peer stocks PGR and ORI. NI Holdings's current PE ratio of 166.75 is similar to the average of its peers, which is 12.73.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NMIH NMI Holdings Inc | 7.67 | $2.86B |
| PGR Progressive Corp | 11.43 | $122.52B |
| ORI Old Republic International Corp | 11.9 | $10.07B |
| PLMR Palomar Holdings Inc | 19.92 | $3.13B |
| NODK NI Holdings Inc | 166.75 | $275.81M |
As of Nov 5, 2025, NODK stock has a price to earnings ratio of 166.75.
The average PE ratio for NODK stock over the past 5 years is 109.81.
Over the last eight years, the Mar 2022 quarter recorded the highest quarterly PE ratio at 565.33.
NODK's price to earnings ratio is currently 210% above its 8-year historical average.
NODK's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 5, 2025), NI Holdings's share price is $13.34. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $0.08. Therefore, NI Holdings's PE ratio for today is 166.75. PE RATIO(166.75) = STOCK PRICE($13.34) / TTM EPS($0.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.