PennyMac Mortgage Investment Trust
PMT
#4827
Rank
$1.23 B
Marketcap
$14.20
Share price
0.53%
Change (1 day)
9.35%
Change (1 year)

P/E ratio for PennyMac Mortgage Investment Trust (PMT)

P/E ratio as of March 2024 (TTM): 11.4

According to PennyMac Mortgage Investment Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3952. At the end of 2022 the company had a P/E ratio of -9.83.

P/E ratio history for PennyMac Mortgage Investment Trust from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-9.83-114.75%
202166.721.26%
202055.0531.31%
20198.71-2.27%
20188.91-14.62%
201710.4-29.88%
201614.915.08%
201512.960.66%
20148.0511.14%
20137.24-11.5%
20128.1816.71%
20117.01-43.59%
201012.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
44.6 291.27%๐Ÿ‡บ๐Ÿ‡ธ USA
-29.9-362.28%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.3704-103.25%๐Ÿ‡บ๐Ÿ‡ธ USA
32.1 182.00%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.