P/E ratio for Tiptree (TIPT)
P/E ratio as of May 2024 (TTM): 76.8
According to Tiptree's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 76.7619. At the end of 2022 the company had a P/E ratio of -53.2.
P/E ratio history for Tiptree from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -53.2 | -542.63% |
| 2021 | 12.0 | -301.23% |
| 2020 | -5.98 | -138.18% |
| 2019 | 15.7 | 121.23% |
| 2018 | 7.08 | -85.73% |
| 2017 | 49.6 | 544.99% |
| 2016 | 7.69 | -76.21% |
| 2015 | 32.3 | 38.75% |
| 2014 | 23.3 | 220.47% |
| 2013 | 7.27 | -48.64% |
| 2012 | 14.2 | 254.86% |
| 2011 | 3.99 | 16.2% |
| 2010 | 3.43 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SL Green Realty
SLG | -6.49 | -108.46% | 🇺🇸 USA |
 Medical Properties Trust
MPW | -66.1 | -186.17% | 🇺🇸 USA |
 Two Harbors Investment
TWO | -116 | -250.76% | 🇺🇸 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.