NMI HoldingsNMIH +2.68%82 Median PS Value is $42.35 as of Jun. 27, 2026, which is 4658% above its 10-year median of 0.89. GuruFocus rates NMIH with a GF Score™ of 82/100 and a GF Value™ of $39.78 (Fairly Valued). The stock has 3 warning signs investors should review. Among 343 Insurance companies, NMI Holdings ranks better than 56.27% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. NMI Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $9.14. NMI Holdings's 10-Year median PS Ratio is 4.6335. Therefore, the Median PS Value for today is $42.35.
As of today (2026-06-27), NMI Holdings's share price is $40.62. NMI Holdings's Median PS Value is $42.35. Therefore, NMI Holdings's Price to Median PS Value for today is 0.96.
The historical rank and industry rank for NMI Holdings's Median PS Value or its related term are showing as below:
NMIH'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.74 Med: 0.89 Max: 1.04
Current: 0.96
During the past 13 years, the highest Price to Median PS Value of NMI Holdings was 1.04. The lowest was 0.74. And the median was 0.89.
NMIH's Price-to-Median-PS-Value is ranked better than 56.27% of 343
companies
in the Insurance industry
Industry Median: 0.99
vs NMIH: 0.96
NMI Holdings (NAS:NMIH) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
NMI Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
40.62
/
42.35
=
0.96
* 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 Median PS Value Related Terms
NMI Holdings Median PS Value Historical Data
* Premium members only.
The historical data trend for NMI Holdings's Median PS Value 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.
NMIH vs AGO, RYAN, RDN: Median PS Value Comparison
For the Insurance - Specialty subindustry, NMI Holdings's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value vs Insurance Industry
For the Insurance industry and Financial Services sector, NMI Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where NMI Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 4.6335.
NMI Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.14.
* 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 (NMIH) has a Median PS Value of $42.35 as of Jun. 27, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on NMI Holdings and its competitors. This is 4658% above median its historical median of 0.89. Over the past decade, NMI Holdings' Median PS Value has ranged from 0.74 to 1.04. According to the industry distribution chart, NMI Holdings ranks #150 out of 343 companies in the Insurance industry, placing it in the top 43.7%.
Is NMI Holdings' Median PS Value too high?
NMI Holdings' current Median PS Value of $42.35 is 4658% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.04. The Insurance industry median Median PS Value is 0.99. NMI Holdings' value of $42.35 is 4177.8% above this industry median. Based on the distribution chart, NMI Holdings ranks #150 out of 343 companies in the Insurance industry, which is above the industry midpoint. Overall, NMI Holdings has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NMI Holdings' Median PS Value compare to AGO and RYAN?
According to the Insurance industry distribution chart, NMI Holdings ranks #150 out of 343 companies for Median PS Value. This puts NMI Holdings in the upper half of its industry. The industry median Median PS Value is 0.99. NMI Holdings' value of $42.35 is 4177.8% above this benchmark. Historically, NMI Holdings' own Median PS Value has ranged from 0.74 to 1.04 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.99, NMI Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for an Insurance company?
The median Median PS Value among Insurance companies is 0.99, based on 343 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NMI Holdings's current Median PS Value of $42.35 is 4177.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on NMI Holdings and its competitors. For the Insurance industry, the median Median PS Value is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMI Holdings's current Median PS Value is $42.35, which is 4658% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMI Holdings stock overvalued right now?
Based on GuruFocus' analysis, NMI Holdings (NMIH) is currently considered Fairly Valued. The stock's GF Value™ is $39.78, compared to a current price of $40.62 — trading 2.1% above its estimated fair value. The current Median PS Value is $42.35, which is 4658% above median its 10-year median of 0.89 and 4177.8% above the Insurance industry median of 0.99. NMI Holdings' overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For NMI Holdings (NMIH), the current Median PS Value is $42.35 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NMI Holdings (NMIH) Overvalued in 2026?
Based on GuruFocus' analysis, NMI Holdings stock appears to be overvalued.
The current stock price of $40.62 is trading 2.1% above its estimated GF Value™ of $39.78.
GuruFocus considers NMI Holdings to be Fairly Valued.
Key valuation signals for NMIH:
Median PS Value: $42.35 (4658% above median its 10-year median of 0.89)
GF Value™: $39.78 vs. price of $40.62 (2.1% above fair value)
Industry Position: 4177.8% above the Insurance median (#150 of 343)
No single metric tells the full story. See the NMIH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. It protects lenders and investors from default-related losses on a portion of the unpaid principal balance of a covered mortgage.
82GF Score
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