Essent Group
ESNT
#2278
Rank
$6.36 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$59.51
Share price
0.80%
Change (1 day)
50.96%
Change (1 year)

P/E ratio for Essent Group (ESNT)

P/E ratio as of March 2024 (TTM): 9.48

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.

P/E ratio history for Essent Group from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.02-32.35%
20217.42-33.23%
202011.121.33%
20199.1528.54%
20187.12-33.74%
201710.7-18.65%
201613.25.02%
201512.6-48.62%
201424.523.9%
201319.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.62-8.99%๐Ÿ‡บ๐Ÿ‡ธ USA
7.54-20.40%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
8.49-10.35%๐Ÿ‡บ๐Ÿ‡ธ USA
8.96-5.48%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6 74.93%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

How to read a P/E ratio?

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.