The current PE ratio for Radian Group stock as of Dec 20, 2024 is 8.24. This is calculated based on the current EPS of $3.89 and the stock price of $32.05 per share. The current price-to-earnings ratio is nearly the same as the last four quarters average.
The average historical PE ratio of Radian Group for the last ten years is 9.15. The current PE ratio of 8.24 is 10% 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 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 8.24 is comparable to the average of its peer group, which is 8.21.
Stock name | PE ratio | Market cap |
---|---|---|
AGO Assured Guaranty Ltd | 6.73 | $4.46B |
ESNT Essent Group Ltd | 7.63 | $5.66B |
NMIH NMI Holdings Inc | 8.21 | $2.89B |
RDN Radian Group Inc | 8.24 | $4.77B |
MTG Mgic Investment Corp | 8.33 | $5.99B |
ORI Old Republic International Corp | 10.14 | $9.15B |
AIG American International Group Inc | N/A | $45.34B |
The price to earnings ratio for RDN stock is 8.24 as of Dec 20, 2024.
As an average over the last 3 years, RDN stock has a PE ratio of 6.43.
As an average over the last 5 years, RDN stock has a PE ratio of 7.05.
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 10% 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 (Dec 20, 2024), Radian Group's stock price is $32.05. 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 8.24. PE RATIO(8.24) = STOCK PRICE($32.05) / TTM EPS($3.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.