P/E ratio for Chimera Investment Corporation (CIM)
P/E ratio as of April 2024 (TTM): 8.16
According to Chimera Investment Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.15686. At the end of 2022 the company had a P/E ratio of -2.20.
P/E ratio history for Chimera Investment Corporation from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.20 | -137.06% |
| 2021 | 5.94 | -119.11% |
| 2020 | -31.1 | -376.46% |
| 2019 | 11.2 | 24.2% |
| 2018 | 9.05 | 28.25% |
| 2017 | 7.05 | 21.01% |
| 2016 | 5.83 | -47.01% |
| 2015 | 11.0 | 99.25% |
| 2014 | 5.52 | -35.17% |
| 2013 | 8.52 | 4.42% |
| 2012 | 8.16 | -57.76% |
| 2011 | 19.3 | 55.03% |
| 2010 | 12.5 | 28.4% |
| 2009 | 9.70 | -978.53% |
| 2008 | -1.10 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Vornado Realty Trust
VNO | -13.3 | -262.59% | 🇺🇸 USA |
 Dynex Capital DX | 62.6 | 667.19% | 🇺🇸 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.