Redwood Trust
RWT
#5651
Rank
HK$7.31 B
Marketcap
HK$55.34
Share price
1.28%
Change (1 day)
4.13%
Change (1 year)

P/E ratio for Redwood Trust (RWT)

P/E ratio as of November 2024 (TTM): -10.7

According to Redwood Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.7374. At the end of 2022 the company had a P/E ratio of -4.70.

P/E ratio history for Redwood Trust from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.70-197.71%
20214.81-383.7%
2020-1.69-116.29%
201910.43.42%
201810.121.81%
20178.26-9.59%
20169.13-17.66%
201511.1-33.36%
201416.677.27%
20139.39-10.5%
201210.5-67.02%
201131.8194.05%
201010.8-72.32%
200939.1-3635.91%
2008-1.1127.96%
2007-0.8638-107.36%
200611.7130.63%
20055.09-11.42%
20045.74-16.07%
20036.84-13.03%
20027.87-3.22%
20018.13

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
65.8-712.95%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2-250.46%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.19-70.27%๐Ÿ‡บ๐Ÿ‡ธ USA
54.6-608.39%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.