P/E ratio for Rithm Capital (RITM)
P/E ratio as of April 2024 (TTM): 7.73
According to Rithm Capital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.73103. At the end of 2022 the company had a P/E ratio of 4.42.
P/E ratio history for Rithm Capital from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.42 | -34.44% |
| 2021 | 6.74 | -338.53% |
| 2020 | -2.82 | -123.49% |
| 2019 | 12.0 | 140.28% |
| 2018 | 5.00 | -11.85% |
| 2017 | 5.68 | -23.45% |
| 2016 | 7.42 | -18.9% |
| 2015 | 9.14 | 83.29% |
| 2014 | 4.99 | -21.47% |
| 2013 | 6.35 |
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.