P/E ratio for Ellington Residential Mortgage REIT (EARN)
P/E ratio as of March 2025 (TTM): 58.3
According to Ellington Residential Mortgage REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58.3. At the end of 2022 the company had a P/E ratio of -2.97.
P/E ratio history for Ellington Residential Mortgage REIT from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.97 | -85.99% |
| 2021 | -21.2 | -366.68% |
| 2020 | 7.95 | 31.18% |
| 2019 | 6.06 | -152.73% |
| 2018 | -11.5 | -186.88% |
| 2017 | 13.2 | 32.21% |
| 2016 | 10.0 | -100% |
| 2015 | > 1000 | 9.6812721381198E+18% |
| 2014 | 9.19 | -141.62% |
| 2013 | -22.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | N/A | N/A | 🇺🇸 USA |
 | 452 | 674.96% | 🇺🇸 USA |
 | -120 | -305.99% | 🇺🇸 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.