P/E ratio for NMI Holdings (NMIH)
P/E ratio as of July 2025 (TTM): 8.38
According to NMI Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.38359. At the end of 2023 the company had a P/E ratio of 7.59.
P/E ratio history for NMI Holdings from 2013 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 7.59 | 25.3% |
| 2022 | 6.06 | -25.14% |
| 2021 | 8.09 | -20.32% |
| 2020 | 10.2 | -22.25% |
| 2019 | 13.1 | 21.48% |
| 2018 | 10.8 | -76.6% |
| 2017 | 45.9 | 374.56% |
| 2016 | 9.68 | |
| 2013 | -12.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Allstate ALL | 11.2 | 33.15% | 🇺🇸 USA |
 HCI Group
HCI | 11.1 | 32.60% | 🇺🇸 USA |
 Essent Group ESNT | 8.12 | -3.18% | 🇧🇲 Bermuda |
 Radian Group
RDN | 8.44 | 0.65% | 🇺🇸 USA |
 MGIC Investment
MTG | 8.43 | 0.51% | 🇺🇸 USA |
 American International Group AIG | -38.3 | -556.87% | 🇺🇸 USA |
 Erie Indemnity ERIE | 26.8 | 220.01% | 🇺🇸 USA |
 Horace Mann Educators HMN | 16.7 | 99.23% | 🇺🇸 USA |
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.