Mr Cooper Group Inc fka COOP

[JusticeWillWin]

COOP's fair PPS is $200 to $250, if not even higher

Check COOP's current P/E ratio:

https://finance.yahoo.com/quote/COOP/key-statistics?p=COOP

COOP's trailing P/E is only: 10.68
COOP's forward P/E is only: 6.23

The P/E ratios in this list (data is as of January 2024)
Financial Svcs. (Non-bank & Insurance) covering 172 companies is the correct row:

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html

Financial Svcs. (Non-bank & Insurance)
The average P/Es are:
Current: 34.63
Trailing: 25.59
Forward: 25.54

So COOP's P/E is way too low and COOP is absolutely undervalued.
The PPS should be $200 at least, if not even $280 to $315 considering the forward P/E in my opinion!