NMI Holdings, Inc. (NMIH) stock

NMIHNasdaqSurety InsuranceFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 12/3022% below fair value

$38.65−0.23 (-0.59%)

Close on Nov 13, 2026Market cap $2.91BP/E 7.6Yield –

NMI price to book ratio

The price-to-book ratio is market cap divided by shareholders' equity.

NMI's price to book ratio was 1.1× on Nov 11, 2026, against 1.2× a year earlier. Over the last 5 years it ranged from 0.9× to 1.6×, with a median of 1.3×.

Price to Book Ratio at the end of each year

Period	Period end	Value	Change (pts)
2026	Nov 11, 2026	1.1×	−0.2
2025	Dec 31, 2025	1.3×	−0.1
2024	Dec 31, 2024	1.3×	−0.0
2023	Dec 29, 2023	1.4×	+0.2
2022	Dec 30, 2022	1.1×	−0.1
2021	Dec 31, 2021	1.2×	−0.2
2020	Dec 31, 2020	1.5×	−1.1
2019	Dec 31, 2019	2.6×	+0.8
2018	Dec 31, 2018	1.8×	−0.2
2017	Dec 29, 2017	2.0×	+0.5
2016	Dec 30, 2016	1.5×	+0.5
2015	Dec 31, 2015	1.0×	−0.2
2014	Dec 31, 2014	1.2×	−0.4
2013	Dec 31, 2013	1.6×	–