P/E ratio for Mr. Cooper Group (COOP)
P/E ratio as of April 2024 (TTM): 11.6
According to Mr. Cooper Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5994. At the end of 2022 the company had a P/E ratio of 3.19.
P/E ratio history for Mr. Cooper Group from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.19 | 29.84% |
| 2021 | 2.45 | -73.89% |
| 2020 | 9.40 | 120.23% |
| 2019 | 4.27 | 333.71% |
| 2018 | 0.9844 | -81.66% |
| 2017 | 5.37 | -84.68% |
| 2016 | 35.0 | -637.43% |
| 2015 | -6.52 | -90.46% |
| 2014 | -68.3 | -117.75% |
| 2013 | 385 | -2941.8% |
| 2012 | -13.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Mr. Cooper Group COOP | 11.6 | 0.00% | 🇺🇸 USA |
 SOS Limited SOS | -0.0393 | -100.34% | 🇨🇳 China |
 Homepoint HMPT | -1.04 | -108.93% | 🇺🇸 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.