Is Enact Holdings, Inc. overvalued or undervalued?

As of 30 July 2025, the valuation grade for Enact Holdings, Inc. has moved from very attractive to fair. The company appears to be fairly valued based on its current metrics, which include a P/E ratio of 7, a Price to Book Value of 1.01, and a PEG ratio of 0.61. In comparison, CNA Financial Corp. has a P/E of 14.82, while Unum Group, which is rated attractive, has a P/E of 13.25, indicating that Enact Holdings is trading at a significant discount relative to some peers.
Despite the fair valuation, Enact Holdings has shown mixed performance against the S&P 500, with a year-to-date return of 18.41% compared to the index's 12.22%, but a one-year return of only 4.64% versus 17.14% for the S&P 500. This suggests that while the stock has performed well in the short term, its longer-term performance has lagged behind the broader market.