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RDN Radian Group PE ratio, current and historical analysis

The current PE ratio for Radian Group stock as of Jun 18, 2024 is 8.01. This is calculated based on the current EPS of $3.81 and the stock price of $30.51 per share. The P/E ratio has an increase of 12% from the past four quarters average of 7.2.

RDN PE ratio history

How has RDN's PE ratio performed in the past

The average historical PE ratio of Radian Group for the last ten years is 9.0. The current PE ratio of 8.01 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.

Average
9
Median
7.29
Minimum
3.22
Maximum
36.8

Radian Group PE ratio by year

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

RDN average PE ratio chart

What is the average PE ratio of RDN for the past years

The current PE ratio of RDN is greater than its 3 and 5-year historical averages, but it is below the 10-year average.

3-year avg
6.31
5-year avg
6.96
10-year avg
9
15-year avg
9.13

RDN PE vs peers

What is RDN's PE ratio compared to its peers

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 8.81.

Stock name PE ratio Market cap
AGO Assured Guaranty Ltd 5.93 $4.23B
NMIH NMI Holdings Inc 8 $2.64B
RDN Radian Group Inc 8.01 $4.6B
MTG Mgic Investment Corp 8.03 $5.61B
ESNT Essent Group Ltd 8.34 $5.94B
AIG American International Group Inc 10.94 $49.28B
ORI Old Republic International Corp 11.72 $8.28B

Frequently asked questions

What is Radian Group's PE ratio?

The price to earnings ratio for RDN stock is 8.01 as of Jun 18, 2024.

What is the 3-year average PE ratio for Radian Group (RDN)?

As an average over the last 3 years, RDN stock has a PE ratio of 6.31.

What is the 5-year average PE ratio for Radian Group (RDN)?

As an average over the last 5 years, RDN stock has a PE ratio of 6.96.

What is the highest PE ratio for RDN?

In the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 36.8.

How does the current PE ratio for RDN compare to its historical average?

The current price to earnings ratio of RDN is 11% lower than the 10-year historical average.

Why is Radian Group's PE ratio so low?

A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.

How is RDN's PE ratio calculated (Radian Group PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 18, 2024), Radian Group's stock price is $30.51. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.81. Therefore, Radian Group's P/E ratio for today is 8.01. PE RATIO(8.01) = STOCK PRICE($30.51) / TTM EPS($3.81)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.