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NMI Holdings (NMI Holdings) Book Value per Share

: $23.81 (As of Dec. 2023)
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NMI Holdings's book value per share for the quarter that ended in Dec. 2023 was $23.81.

During the past 12 months, NMI Holdings's average Book Value Per Share Growth Rate was 23.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NMI Holdings was 24.10% per year. The lowest was -19.00% per year. And the median was 14.00% per year.

NMI Holdings's current price is $30.03. Its book value per share for the quarter that ended in Dec. 2023 was $23.81. Hence, today's PB Ratio of NMI Holdings is 1.26.

During the past 13 years, the highest P/B Ratio of NMI Holdings was 2.68. The lowest was 0.66. And the median was 1.31.

Good Sign:

NMI Holdings Inc stock PB Ratio (=1.24) is close to 1-year low of 1.12


NMI Holdings Book Value per Share Historical Data

The historical data trend for NMI Holdings's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NMI Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.61 16.08 18.25 19.32 23.81

NMI Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.32 20.49 21.25 21.94 23.81

Competitive Comparison

For the Insurance - Specialty subindustry, NMI Holdings's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NMI Holdings PB Ratio Distribution

For the Insurance industry and Financial Services sector, NMI Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where NMI Holdings's PB Ratio falls into.



NMI Holdings Book Value per Share Calculation

NMI Holdings's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,926.0-0.0)/80.9
=23.81

NMI Holdings's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,926.0-0.0)/80.9
=23.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


NMI Holdings  (NAS:NMIH) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


NMI Holdings Book Value per Share Related Terms

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NMI Holdings (NMI Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2100 Powell Street, Emeryville, CA, USA, 94608
NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The company offers mortgage insurance, reinsurance on loans, and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, Internet-sourced lenders, and other non-bank lenders.
Executives
Bradley M Shuster director, officer: President and CEO 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
James G Jones director C/O NMI HOLDINGS, INC., 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Robert Owen Smith officer: EVP, Chief Risk Officer 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
John C Erickson director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
Michael Curry Montgomery director C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Mohammad Nawaz Yousaf officer: EVP, Operations & Info. Tech. 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Nicholas Daniel Realmuto officer: VP, Controller 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Patrick L Mathis officer: EVP, Chief Risk Officer C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Norman Peter Fitzgerald officer: EVP, Chief Sales Officer 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Ravi Mallela officer: Chief Financial Officer C/O NMI HOLDINGS, INC. (NATIONAL MI), 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Julie Norberg officer: Vice President, Controller 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
William J Leatherberry officer: EVP, General Counsel 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Claudia J Merkle officer: EVP, Chief Insurance Officer C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Priya Cherian Huskins director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Adam Pollitzer officer: EVP, Chief Financial Officer 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608