Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.
P/E ratio for Open Lending Corporation (LPRO)
P/E ratio as of 2023: 46.59
According to Open Lending Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.59. At the end of 2022 the company had a P/E ratio of 12.78.
P/E ratio history for Open Lending Corporation from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 46.59 |
| 2022 | 12.78 |
| 2021 | 19.44 |
| 2020 | -29.71 |
| 2019 | 6.34 |
| 2018 | 31.67 |
| 2017 | -9828.65 |