Ellington Financial
EFC
#5158
Rank
$1.02 B
Marketcap
$12.01
Share price
1.44%
Change (1 day)
-7.04%
Change (1 year)

P/E ratio for Ellington Financial (EFC)

P/E ratio as of May 2024 (TTM): 27.3

According to Ellington Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.2955. At the end of 2022 the company had a P/E ratio of -8.65.

P/E ratio history for Ellington Financial from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-8.65-233.12%
20216.50-86.43%
202047.9367.48%
201910.20.87%
201810.2-26.53%
201713.8-141.85%
2016-33.0-322.37%
201514.865.9%
20148.9536.61%
20136.5555.19%
20124.22-85%
201128.1284.75%
20107.32

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.9-1.55%๐Ÿ‡บ๐Ÿ‡ธ USA
13.8-49.38%๐Ÿ‡บ๐Ÿ‡ธ USA
51.7 89.53%๐Ÿ‡บ๐Ÿ‡ธ USA
98.3 260.18%๐Ÿ‡บ๐Ÿ‡ธ 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.