Is Enact Holdings, Inc. overvalued or undervalued?

As of 30 April 2025, the valuation grade for Enact Holdings, Inc. has moved from attractive to very attractive, indicating a strong improvement in its perceived value. The company is currently considered undervalued, with a P/E ratio of 7, significantly lower than the industry average. The Price to Book Value stands at 1.01, while the PEG Ratio is an impressive 0.61, suggesting that the stock is priced attractively relative to its growth prospects.
In comparison to its peers, Enact Holdings, Inc. has a P/E ratio of 7.50, which is favorable when looking at companies like its peer with a PEG ratio of 0.62. Additionally, the company has outperformed the S&P 500 in various time frames, including a 1-year return of 22.72% compared to the S&P 500's 10.26%, reinforcing the notion that it is undervalued in the current market.