According to Ready Capital 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.17266. At the end of 2022 the company had a P/E ratio of 6.26.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.26 | -13.11% |
2021 | 7.20 | -56.03% |
2020 | 16.4 | 96.54% |
2019 | 8.34 | 12.7% |
2018 | 7.40 | -32.63% |
2017 | 11.0 | 47.74% |
2016 | 7.43 | -107.88% |
2015 | -94.3 | -1930.36% |
2014 | 5.15 | -69.48% |
2013 | 16.9 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
New Residential Investment NRZ | N/A | N/A | ๐บ๐ธ USA |
Ocwen OCN | -3.26 | -202.88% | ๐บ๐ธ USA |
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.