P/E ratio for PennyMac (PFSI)
P/E ratio as of April 2024 (TTM): 21.0
According to PennyMac's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.9727. At the end of 2022 the company had a P/E ratio of 6.42.
P/E ratio history for PennyMac from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.42 | 42.9% |
| 2021 | 4.49 | 51.37% |
| 2020 | 2.97 | -56.25% |
| 2019 | 6.78 | -15.8% |
| 2018 | 8.05 | 56.02% |
| 2017 | 5.16 | -7.31% |
| 2016 | 5.57 | -21.33% |
| 2015 | 7.08 | -29.22% |
| 2014 | 10.00 | 231.42% |
| 2013 | 3.02 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 World Acceptance Corporation WRLD | 14.6 | -30.27% | 🇺🇸 USA |
 Sallie Mae SLM | 16.3 | -22.52% | 🇺🇸 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.