According to Essent Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.47611. At the end of 2022 the company had a P/E ratio of 5.02.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.02 | -32.35% |
2021 | 7.42 | -33.23% |
2020 | 11.1 | 21.33% |
2019 | 9.15 | 28.54% |
2018 | 7.12 | -33.74% |
2017 | 10.7 | -18.65% |
2016 | 13.2 | 5.02% |
2015 | 12.6 | -48.62% |
2014 | 24.5 | 23.9% |
2013 | 19.8 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
NMI Holdings
NMIH | 8.62 | -8.99% | ๐บ๐ธ USA |
RenaissanceRe
RNR | 7.54 | -20.40% | ๐ง๐ฒ Bermuda |
Radian Group
RDN | 8.49 | -10.35% | ๐บ๐ธ USA |
MGIC Investment
MTG | 8.96 | -5.48% | ๐บ๐ธ USA |
Assured Guaranty AGO | 16.6 | 74.93% | ๐ง๐ฒ Bermuda |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.