P/E ratio for Two Harbors Investment (TWO)
P/E ratio as of June 2023 (TTM): -4.34
According to Two Harbors Investment 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.33607. At the end of 2021 the company had a P/E ratio of 3.14.
P/E ratio history for Two Harbors Investment from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 3.14 | -1328.75% |
| 2020 | -0.2552 | -101.55% |
| 2019 | 16.4 | -59.06% |
| 2018 | 40.1 | 356.53% |
| 2017 | 8.79 | 25.53% |
| 2016 | 7.00 | 43.54% |
| 2015 | 4.88 | -72.66% |
| 2014 | 17.8 | 289.65% |
| 2013 | 4.58 | -38.77% |
| 2012 | 7.48 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Regency Centers
REG | 25.9 | -698.36% | 🇺🇸 USA |
 Aimco AIV | 23.4 | -640.10% | 🇺🇸 USA |
 Piedmont Office Realty Trust PDM | 9.38 | -316.40% | 🇺🇸 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.