RDN Radian Group PE ratio, current and historical analysis
The current PE ratio for Radian Group stock as of Nov 21, 2024 is 8.75. This is calculated based on the current EPS of $3.89 and the stock price of $34.02 per share. The P/E ratio has an increase of 5% from the past four quarters average of 8.3.
RDN PE ratio history
The average historical PE ratio of Radian Group for the last ten years is 9.15. The current PE ratio of 8.75 is 4.4% 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.
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
The current PE ratio of RDN is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
RDN PE vs peers
Compared to its peers ORI and MTG, RDN's PE ratio stands lower, however it is higher than ESNT's and AGO's. Radian Group's current PE ratio of 8.75 is comparable to the average of its peer group, which is 8.64.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AGO Assured Guaranty Ltd | 7.07 | $4.69B |
| ESNT Essent Group Ltd | 8.01 | $5.94B |
| NMIH NMI Holdings Inc | 8.6 | $3.03B |
| RDN Radian Group Inc | 8.75 | $5.07B |
| MTG Mgic Investment Corp | 8.79 | $6.33B |
| ORI Old Republic International Corp | 10.74 | $9.69B |
| AIG American International Group Inc | N/A | $47.39B |
Frequently asked questions
What is Radian Group's PE ratio?
The price to earnings ratio for RDN stock is 8.75 as of Nov 21, 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 6.43.
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 7.05.
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 4.4% 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 (Nov 21, 2024), Radian Group's stock price is $34.02. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.89. Therefore, Radian Group's P/E ratio for today is 8.75. PE RATIO(8.75) = STOCK PRICE($34.02) / TTM EPS($3.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.