According to Cherry Hill Mortgage Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -40.3333. At the end of 2022 the company had a P/E ratio of 7.34.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.34 | -88.46% |
2021 | 63.6 | -2689.16% |
2020 | -2.46 | |
2018 | 6.38 | |
2016 | 5.51 | -25.37% |
2015 | 7.39 | -87.62% |
2014 | 59.6 |
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.