Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company is involved in writing and assuming residential mortgage guaranty insurance. It offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. is a subsidiary of Genworth Holdings, Inc.
P/B ratio for Enact Holdings, Inc. (ACT)
P/B ratio as of 2023: 1.00
According to Enact Holdings, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.00. At the end of 2022 the company had a P/B ratio of 0.96.
P/B ratio history for Enact Holdings, Inc. from 2018 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.00 |
| 2022 | 0.96 |
| 2021 | 0.82 |
| 2020 | 0.86 |
| 2019 | 0.87 |
| 2018 | 1.02 |