Radian Group
RDN
#2791
Rank
NZ$8.35 B
Marketcap
$56.09
Share price
-0.50%
Change (1 day)
22.37%
Change (1 year)

P/E ratio for Radian Group (RDN)

P/E ratio as of December 2024 (TTM): 8.08

According to Radian Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.07868. At the end of 2022 the company had a P/E ratio of 4.30.

P/E ratio history for Radian Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.30-34.6%
20216.58-34.34%
202010.028.3%
20197.8135.16%
20185.78-84.29%
201736.8198.85%
201612.332.44%
20159.30187.52%
20143.23-133.65%
2013-9.61435.66%
2012-1.79-273.29%
20111.04-299.22%
2010-0.5197-87.12%
2009-4.03460.25%
2008-0.7202-0.18%
2007-0.7214-109.57%
20067.54-21.37%
20059.591.24%
20049.47-20.25%
200311.945.66%
20028.15-27.2%
200111.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.50 5.25%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
9.49 17.42%๐Ÿ‡บ๐Ÿ‡ธ USA
9.77 20.88%๐Ÿ‡บ๐Ÿ‡ธ USA
11.8 46.10%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4 41.45%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7 106.98%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.