NMI Holdings
NMIH
#3558
Rank
C$3.94 B
Marketcap
$50.47
Share price
-2.97%
Change (1 day)
17.17%
Change (1 year)

P/E ratio for NMI Holdings (NMIH)

P/E ratio as of April 2025 (TTM): 9.57

According to NMI Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.568. At the end of 2022 the company had a P/E ratio of 6.06.

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

PE ratio at the end of each year

Year P/E ratio Change
20226.06-25.14%
20218.09-20.32%
202010.2-22.25%
201913.121.48%
201810.8-76.6%
201745.9374.56%
20169.68-167.21%
2015-14.432.53%
2014-10.9-15.47%
2013-12.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-25.9-370.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-65.9-788.64%๐Ÿ‡บ๐Ÿ‡ธ USA
9.04-5.57%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
8.34-12.86%๐Ÿ‡บ๐Ÿ‡ธ USA
9.74 1.82%๐Ÿ‡บ๐Ÿ‡ธ USA
14.0 46.73%๐Ÿ‡บ๐Ÿ‡ธ USA
49.0 412.32%๐Ÿ‡บ๐Ÿ‡ธ USA
-196-2,146.12%๐Ÿ‡บ๐Ÿ‡ธ 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.