The current PE ratio for Tiptree stock as of Jul 25, 2024 is 28.82. This is calculated based on the TTM EPS of $0.65 and the stock price of $18.73 per share. The PE ratio marks a decrease of 36% from its last 4 quarters average of 45.0.
The average historical PE ratio of Tiptree for the last ten years is 28.65. The current P/E ratio of 28.82 is similar to the historical average. Looking back at the last ten years, TIPT's PE ratio peaked in the Sep 2017 quarter at 156.25, when the price was $6.25 and the EPS was $0.04. The lowest point was in the Jun 2021 quarter, when it reached 4.95 with a price of $9.3 and an EPS of $1.88.
Maximum annual increase: 537.28% in 2017
Maximum annual decrease: -83.66% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 49.89 | N/A |
| 2022 | N/A | N/A |
| 2021 | 12.24 | N/A |
| 2020 | N/A | N/A |
| 2019 | 15.65 | 93.21% |
| 2018 | 8.1 | -83.66% |
| 2017 | 49.58 | 537.28% |
| 2016 | 7.78 | -78.46% |
| 2015 | 36.12 | N/A |
| 2014 | N/A | N/A |
TIPT's current PE ratio is higher than the 5 and 10-year averages, but it is lower than its 3-year average.
In comparison to its peer stock TWO, TIPT's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TWO Two Harbors Investment Corp | 6.34 | $1.42B |
| TIPT Tiptree Inc | 29.52 | $705.91M |
| MPW Medical Properties Trust Inc | N/A | $3.19B |
| SLG Sl Green Realty Corp | N/A | $4.19B |
TIPT's price to earnings ratio is 28.82 as of Jul 25, 2024.
As an average over the last 3 years, TIPT stock has a PE ratio of 35.71.
As an average over the last 5 years, TIPT stock has a PE ratio of 26.72.
Over the last ten years, the Sep 2017 quarter recorded the highest quarterly PE ratio at 156.25.
The current PE ratio of TIPT is 0.6% higher than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Tiptree's share price is $18.73. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.65. Therefore, Tiptree's PE ratio for today is 28.82. PE RATIO(28.82) = STOCK PRICE($18.73) / TTM EPS($0.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.