The current PE ratio for Tiptree stock as of May 1, 2024 is 24.8. This is calculated based on the TTM EPS of $0.65 and the stock price of $16.12 per share. The PE ratio marks a decrease of 45% from its last 4 quarters average of 45.0.
The average historical PE ratio of Tiptree for the last ten years is 27.97. The current P/E ratio of 24.8 is 11% lower than 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 lower than its 3, 5 and 10-year averages.
In comparison to its peer stock TWO, TIPT's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TWO Two Harbors Investment Corp | 5.87 | $1.32B |
| TIPT Tiptree Inc | 24.8 | $592.98M |
| MPW Medical Properties Trust Inc | N/A | $2.77B |
| SLG Sl Green Realty Corp | N/A | $3.22B |
TIPT's price to earnings ratio is 24.8 as of May 1, 2024.
As an average over the last 3 years, TIPT stock has a PE ratio of 31.86.
As an average over the last 5 years, TIPT stock has a PE ratio of 25.74.
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 11% lower 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 (May 1, 2024), Tiptree's share price is $16.12. 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 24.8. PE RATIO(24.8) = STOCK PRICE($16.12) / TTM EPS($0.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.