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	-24.2	-334.18%	🇺🇸 USA
HCI Group HCI	-54.1	-623.42%	🇺🇸 USA
Essent Group ESNT	9.36	-9.54%	🇧🇲 Bermuda
Radian Group RDN	8.66	-16.27%	🇺🇸 USA
MGIC Investment MTG	10.2	-1.47%	🇺🇸 USA
American International Group AIG	12.4	19.85%	🇺🇸 USA
Erie Indemnity ERIE	46.3	347.21%	🇺🇸 USA
Horace Mann Educators HMN	-176	-1,797.89%	🇺🇸 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.