P/E ratio for AG Mortgage Investment Trust (MITT)
P/E ratio as of September 2023 (TTM): 9.96
According to AG Mortgage Investment Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.96364. At the end of 2021 the company had a P/E ratio of 1.82.
P/E ratio history for AG Mortgage Investment Trust from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 1.82 | |
| 2019 | 6.42 | -116.54% |
| 2018 | -38.9 | -872.58% |
| 2017 | 5.03 | -47.09% |
| 2016 | 9.51 | -99.26% |
| 2015 | > 1000 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Host Hotels & Resorts
HST | 15.3 | 54.02% | 🇺🇸 USA |
 Tiptree TIPT | 31.1 | 211.87% | 🇺🇸 USA |
 PS Business Parks
PSB | N/A | N/A | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.