The current PE ratio for Radian Group stock as of Apr 26, 2024 is 7.97. This is calculated based on the current EPS of $3.81 and the stock price of $30.35 per share. The P/E ratio has an increase of 28% from the past four quarters average of 6.2.
The average historical PE ratio of Radian Group for the last ten years is 9.0. The current PE ratio of 7.97 is 11% below the historical average. Over the past ten years, RDN's PE ratio was at its highest in the Dec 2017 quarter at 36.8, when the stock price was $20.61 and the EPS was $0.56. The lowest value was in the Dec 2014 quarter, when it reached 3.22 with a price of $16.72 and an EPS of $5.2.
Maximum annual increase: 198.7% in 2017
Maximum annual decrease: -84.29% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.49 | 73.78% |
| 2022 | 4.31 | -34.89% |
| 2021 | 6.62 | -34.26% |
| 2020 | 10.07 | 28.94% |
| 2019 | 7.81 | 35.12% |
| 2018 | 5.78 | -84.29% |
| 2017 | 36.8 | 198.7% |
| 2016 | 12.32 | 32.47% |
| 2015 | 9.3 | 188.82% |
| 2014 | 3.22 | N/A |
The current PE ratio of RDN is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
Compared to its peers AIG and ORI, RDN's PE ratio stands lower, however it is higher than AGO's and NMIH's. Radian Group's PE ratio is trading below the peer group average of 9.95.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AGO Assured Guaranty Ltd | 6.26 | $4.35B |
| NMIH NMI Holdings Inc | 7.96 | $2.52B |
| RDN Radian Group Inc | 7.97 | $4.6B |
| MTG Mgic Investment Corp | 8.16 | $5.52B |
| ESNT Essent Group Ltd | 8.23 | $5.77B |
| ORI Old Republic International Corp | 14.21 | $8.38B |
| AIG American International Group Inc | 14.85 | $50.75B |
The price to earnings ratio for RDN stock is 7.97 as of Apr 26, 2024.
As an average over the last 3 years, RDN stock has a PE ratio of 6.09.
As an average over the last 5 years, RDN stock has a PE ratio of 6.86.
In the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 36.8.
The current price to earnings ratio of RDN is 11% 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.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 26, 2024), Radian Group's stock price is $30.35. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.81. Therefore, Radian Group's P/E ratio for today is 7.97. PE RATIO(7.97) = STOCK PRICE($30.35) / TTM EPS($3.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.