The current PE ratio for Dynex Capital stock as of Jul 25, 2024 is 9.9. This is calculated based on the TTM EPS of $1.22 and the stock price of $12.08 per share.
The average historical PE ratio of Dynex Capital for the last ten years is 11.6. The current P/E ratio of 9.9 is 15% lower than the historical average. Looking back at the last ten years, DX's PE ratio peaked in the Sep 2023 quarter at 59.7, when the price was $11.94 and the EPS was $0.2. The lowest point was in the Mar 2021 quarter, when it reached 1.2 with a price of $18.93 and an EPS of $15.73.
Maximum annual increase: 233.7% in 2014
Maximum annual decrease: -78.22% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | N/A | N/A |
| 2022 | 3.99 | -33.39% |
| 2021 | 5.99 | 133.07% |
| 2020 | 2.57 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | 15.35 | 55.36% |
| 2016 | 9.88 | -78.22% |
| 2015 | 45.36 | 86.97% |
| 2014 | 24.26 | 233.7% |
Currently, DX's PE ratio is higher than the 5-year average, but it is lower than its 3 and 10-year averages.
DX's PE ratio stands lower than its peer stocks ARE and VNO, but it is higher than CIM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CIM Chimera Investment Corp | 9.43 | $1.21B |
| DX Dynex Capital Inc | 10.01 | $783.4M |
| ROIC Retail Opportunity Investments Corp | 45.79 | $1.63B |
| ARE Alexandria Real Estate Equities Inc | 146.81 | $20.8B |
| VNO Vornado Realty Trust | 195.53 | $5.59B |
DX's price to earnings ratio is 9.9 as of Jul 25, 2024.
The average PE ratio for DX stock over the past 3 years is 12.24.
The average PE ratio for DX stock over the past 5 years is 8.48.
Over the last ten years, the quarterly PE ratio reached its highest level at 59.7 in the Sep 2023 quarter.
The current PE ratio of DX is 15% lower than the 10-year historical average.
DX's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Dynex Capital's share price is $12.08. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.22. Therefore, Dynex Capital's PE ratio for today is 9.9. PE RATIO(9.9) = STOCK PRICE($12.08) / TTM EPS($1.22)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.