P/E ratio for NMI Holdings (NMIH)

P/E ratio history for NMI Holdings from 2013 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Allstate ALL	-24.0	-317.23%	🇺🇸 USA
HCI Group HCI	-47.1	-525.32%	🇺🇸 USA
Essent Group ESNT	10.3	-7.16%	🇧🇲 Bermuda
Radian Group RDN	8.99	-18.76%	🇺🇸 USA
MGIC Investment MTG	10.3	-6.96%	🇺🇸 USA
American International Group AIG	12.0	8.72%	🇺🇸 USA
Erie Indemnity ERIE	61.2	452.89%	🇺🇸 USA
Horace Mann Educators HMN	-157	-1,520.39%	🇺🇸 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.