The current PE ratio for OneMain Holdings stock as of Apr 26, 2024 is 9.55. This is calculated based on the current EPS of $5.33 and the stock price of $50.89 per share. The P/E ratio has an increase of 23% from the past four quarters average of 7.7.
The average historical PE ratio of OneMain Holdings for the last ten years is 11.71. The current PE ratio of 9.55 is 18% below the historical average. Over the past ten years, OMF's PE ratio was at its highest in the Jun 2014 quarter at 60.35, when the stock price was $25.95 and the EPS was $0.43. The lowest value was in the Mar 2020 quarter, when it reached 3.53 with a price of $19.12 and an EPS of $5.41.
Maximum annual increase: 94.32% in 2023
Maximum annual decrease: -61.66% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.23 | 94.32% |
| 2022 | 4.75 | -5.94% |
| 2021 | 5.05 | -43.19% |
| 2020 | 8.89 | 32.49% |
| 2019 | 6.71 | -9.08% |
| 2018 | 7.38 | -61.66% |
| 2017 | 19.25 | 39.09% |
| 2016 | 13.84 | N/A |
| 2015 | N/A | N/A |
| 2014 | 8.98 | N/A |
Currently, OMF's PE ratio is greater than its 3 and 5-year historical averages.
Compared to its peer RM, OMF's PE ratio stands lower, however it is higher than SLM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SLM SLM Corp | 6.76 | $4.83B |
| OMF OneMain Holdings Inc | 9.55 | $6.1B |
| RM Regional Management Corp | 15.45 | $256.31M |
OMF stock has a price to earnings ratio of 9.55 as of Apr 26, 2024.
As an average over the last 3 years, OMF stock has a PE ratio of 5.95.
As an average over the last 5 years, OMF stock has a PE ratio of 6.13.
In the last ten years, the Jun 2014 quarter recorded the highest quarterly PE ratio at 60.35.
The current price to earnings ratio of OMF is 18% lower than the 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), OneMain Holdings's stock price is $50.89. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5.33. Therefore, OneMain Holdings's P/E ratio for today is 9.55. PE RATIO(9.55) = STOCK PRICE($50.89) / TTM EPS($5.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.