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NMI Holdings Shiller PE Ratio

: 22.33 (As of Today)
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As of today (2022-08-12), NMI Holdings's current share price is $21.66. NMI Holdings's E10 for the quarter that ended in Jun. 2022 was $0.97. NMI Holdings's Shiller PE Ratio for today is 22.33.

The historical rank and industry rank for NMI Holdings's Shiller PE Ratio or its related term are showing as below:

NMIH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.69   Med: 22.53   Max: 34.17
Current: 21.58

During the past years, NMI Holdings's highest Shiller PE Ratio was 34.17. The lowest was 16.69. And the median was 22.53.

NMIH's Shiller PE Ratio is ranked worse than
79.12% of 364 companies
in the Insurance industry
Industry Median: 12.60 vs NMIH: 21.58

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

NMI Holdings's adjusted earnings per share data for the three months ended in Jun. 2022 was $0.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.97 for the trailing ten years ended in Jun. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


NMI Holdings Shiller PE Ratio Historical Data

The historical data trend for NMI Holdings's Shiller PE Ratio 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 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 28.77

NMI Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Shiller PE Ratio 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 - - 28.77 23.95 17.08

Competitive Comparison

For the Insurance - Specialty subindustry, NMI Holdings's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution

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

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



NMI Holdings Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

NMI Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=21.66/0.97
=22.33

* 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.

NMI Holdings's E10 for the quarter that ended in Jun. 2022 is calculated as:

For example, NMI Holdings's adjusted earnings per share data for the three months ended in Jun. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=0.86/123.3228*123.3228
=0.860

Current CPI (Jun. 2022) = 123.3228.

NMI Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201209 -0.150 97.633 -0.189
201212 -0.270 96.871 -0.344
201303 -0.220 98.209 -0.276
201306 -0.290 98.518 -0.363
201309 -0.250 98.790 -0.312
201312 -0.230 98.326 -0.288
201403 -0.260 99.695 -0.322
201406 -0.220 100.560 -0.270
201409 -0.190 100.428 -0.233
201412 -0.172 99.070 -0.214
201503 -0.130 99.621 -0.161
201506 -0.180 100.684 -0.220
201509 -0.080 100.392 -0.098
201512 -0.080 99.792 -0.099
201603 -0.070 100.470 -0.086
201606 0.030 101.688 0.036
201609 0.100 101.861 0.121
201612 1.010 101.863 1.223
201703 0.090 102.862 0.108
201706 0.100 103.349 0.119
201709 0.200 104.136 0.237
201712 -0.030 104.011 -0.036
201803 0.340 105.290 0.398
201806 0.370 106.317 0.429
201809 0.360 106.507 0.417
201812 0.460 105.998 0.535
201903 0.480 107.251 0.552
201906 0.560 108.070 0.639
201909 0.690 108.329 0.785
201912 0.710 108.420 0.808
202003 0.740 108.902 0.838
202006 0.360 108.767 0.408
202009 0.450 109.815 0.505
202012 0.560 109.897 0.628
202103 0.610 111.754 0.673
202106 0.650 114.631 0.699
202109 0.690 115.734 0.735
202112 0.690 117.630 0.723
202203 0.770 121.301 0.783
202206 0.860 123.323 0.860

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


NMI Holdings  (NAS:NMIH) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


NMI Holdings Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of NMI Holdings's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


NMI Holdings Business Description

NMI Holdings logo
Traded in Other Exchanges
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
Fitzgerald Norman Peter officer: EVP, Chief Sales Officer 2100 POWELL ST. 12TH FLOOR EMERYVILLE CA 94608
Mallela Ravi officer: Chief Financial Officer C/O NMI HOLDINGS, INC. (NATIONAL MI) 2100 POWELL ST., 12TH FLOOR EMERYVILLE CA 94608
Yousaf Mohammad Nawaz officer: EVP, Operations & Info. Tech. 2100 POWELL ST. 12TH FLOOR EMERYVILLE CA 94608
Huskins Priya Cherian director 600 LA TERRAZA BOULEVARD ESCONDIDO CA 92025
Mccreary Lynn S. director NMI HOLDINGS, INC. (NATIONAL MI) 2100 POWELL STREET, 12TH FLOOR EMERYVILLE CA 94608
Smith Robert Owen officer: EVP, Chief Risk Officer 2100 POWELL STREET 12TH FLOOR EMERYVILLE CA 94608
Norberg Julie officer: Vice President, Controller 2100 POWELL STREET, 12TH FLOOR EMERYVILLE CA 94608
Pollitzer Adam officer: EVP, Chief Financial Officer 2100 POWELL STREET 12TH FLOOR EMERYVILLE CA 94608
Muehlhauser Regina director 2100 POWELL STREET 12TH FLOOR EMERYVILLE CA 94608
Farrell Glenn Michael officer: Chief Financial Officer C/O NMI HOLDINGS, INC. 2100 POWELL STREET, 12TH FLOOR EMERYVILLE CA 94608
Leatherberry William J officer: EVP, General Counsel 2100 POWELL STREET 12TH FLOOR EMERYVILLE CA 94608
Fore Robert Hamilton Iii officer: Vice President, Controller C/O NMI HOLDINGS, INC. 2100 POWELL STREET, 12TH FLOOR EMERYVILLE CA 94608
Pachura Stan officer: EVP, Chief Information Officer C/O NMI HOLDINGS, INC. 2100 POWELL ST., 12TH FLOOR EMERYVILLE CA 94608
Merkle Claudia J officer: EVP, Chief Insurance Officer C/O NMI HOLDINGS, INC. 2100 POWELL ST., 12TH FLOOR EMERYVILLE CA 94608
Francesconi Joseph officer: Vice President, Controller C/O NMI HOLDINGS, INC. 2100 POWELL ST., 12TH FLOOR EMERYVILLE CA 94608

NMI Holdings Headlines

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