MTG currently has a PEG ratio reading of 2.15 as of Jun 23, 2026. This metric factors in a PE of 8.38 with an earnings growth rate of 3.9%. When compared to the trailing four-quarter average of 1.18, MTG's PEG ratio shows a 82% increase.
A ten years lookback shows an average PEG ratio of 0.73 for Mgic Investment. Compared to historical data, MTG's 2.15 PE to growth ratio represents a rise of 195%. Within the last ten years, the Jun 2024 quarter recorded the highest PEG value at 4.17. At 0.01, the Jun 2016 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.07 | 9.22 | 8.6% |
| 2024 | 0.5 | 8.12 | 16.3% |
| 2023 | N/A | 7.69 | -11.3% |
| 2022 | 0.09 | 4.59 | 48.9% |
| 2021 | 0.17 | 7.59 | 45% |
| 2020 | N/A | 9.58 | -31.4% |
| 2019 | 1.69 | 7.42 | 4.4% |
| 2018 | 0.07 | 5.72 | 86.7% |
| 2017 | N/A | 14.4 | -2% |
| 2016 | N/A | 10.19 | -71% |
| 2015 | 0.01 | 2.56 | 366.2% |
| 2014 | 0.02 | 12.59 | 562.5% |
| 2013 | N/A | N/A | 96.5% |
| 2012 | N/A | N/A | -89.7% |
| 2011 | N/A | N/A | -17.5% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 2.13 | 8.31 | 3.9% |
| Dec 2025 | 1.07 | 9.22 | 8.6% |
| Sep 2025 | 0.85 | 9.04 | 10.6% |
| Jun 2025 | 0.68 | 9.04 | 13.2% |
| Mar 2025 | 0.51 | 8.15 | 16% |
| Dec 2024 | 0.5 | 8.12 | 16.3% |
| Sep 2024 | 0.66 | 9.01 | 13.6% |
| Jun 2024 | 4.17 | 7.92 | 1.9% |
| Mar 2024 | N/A | 8.53 | -6.8% |
| Dec 2023 | N/A | 7.69 | -11.3% |
| Sep 2023 | N/A | 6.68 | -8.1% |
| Jun 2023 | 0.47 | 5.91 | 12.7% |
| Mar 2023 | 0.12 | 4.78 | 39.8% |
| Dec 2022 | 0.09 | 4.59 | 48.9% |
| Sep 2022 | 0.09 | 4.71 | 51.1% |
When comparing to historical values, MTG's PEG ratio is higher than its 3, 5 and 10-year averages.
With a PEG of 2.15, MTG is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 0.47, Mgic Investment's PEG is 357% higher.
Compared to its peers, MTG's PEG ratio is under ESNT's and RDN's but above AIG's and ORI's. With a PEG ratio of 2.15, Mgic Investment stands higher than the 0.52 peer average.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| AIG American International Group Inc | 0.04 | $40.58B |
| ORI Old Republic International Corp | 0.3 | $9.68B |
| HTH Hilltop Holdings Inc | 0.43 | $2.26B |
| 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 |
| MBI Mbia Inc | N/A | $319.87M |
According to Jun 23, 2026 data, MTG's PEG ratio sits at 2.15.
Over the last 3 years, MTG's PEG ratio has settled near 1.23.
Over the last 5 years, MTG's PEG ratio has settled near 0.74.
MTG's PEG ratio peaked at 4.17 during the Jun 2024 quarter - the highest in ten years.
MTG currently has a PEG ratio 195% above its 10-year average.
Slow earnings growth combined with a high valuation pushes MTG's PEG ratio to 2.15.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth (YoY TTM). As of Jun 23, 2026, Mgic Investment has a P/E ratio of 8.38. Earnings grew at 3.9% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 2.15. PEG RATIO(2.15) = PE RATIO(8.38) / EPS GROWTH(3.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.