New Residential Investment
NRZ
#2136
Rank
$5.08 B
Marketcap
$10.89
Share price
-0.18%
Change (1 day)
-1.63%
Change (1 year)

P/E ratio for New Residential Investment (NRZ)

P/E ratio as of September 2022 (TTM): 5.29

According to New Residential Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.28641. At the end of 2021 the company had a P/E ratio of 6.74.

P/E ratio history for New Residential Investment from 2013 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.74-338.53%
2020-2.82-123.49%
201912.0
20136.35

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.