As at Nov 21, 2024, the PMT stock has a PE ratio of 9.2. This is based on the current EPS of $1.45 and the stock price of $13.34 per share. An increase of 4.8% has been seen in the P/E ratio compared to the average of 8.8 of the last 4 quarters.
The mean historical PE ratio of PennyMac Mortgage Investment Trust over the last ten years is 20.14. The current 9.2 PE ratio is 54% below the historical average. Over the past ten years, PMT's PE ratio was at its highest in the Sep 2020 quarter at 200.88, with a price of $16.07 and an EPS of $0.08. The Mar 2021 quarter recorded the bottom point at 2.81, with a price of $19.6 and an EPS of $6.97.
Maximum annual increase: 642.03% in 2020
Maximum annual decrease: -30.09% in 2017
Year | PE ratio | Change |
---|---|---|
2023 | 8.31 | N/A |
2022 | N/A | N/A |
2021 | 66.65 | 2.3% |
2020 | 65.15 | 642.03% |
2019 | 8.78 | -1.46% |
2018 | 8.91 | -15.14% |
2017 | 10.5 | -30.09% |
2016 | 15.02 | 17.16% |
2015 | 12.82 | 59.25% |
2014 | 8.05 | 9.67% |
Currently, PMT's PE ratio is below the 3, 5 and 10-year averages.
PMT's PE ratio is lower than its peer stocks ADC and SBRA, but it is greater than AHT's. PennyMac Mortgage Investment Trust's current PE ratio of 9.2 is below the average of its peers, which is 31.61.
Stock name | PE ratio | Market cap |
---|---|---|
AHT Ashford Hospitality Trust Inc | 1.53 | $53.17M |
PMT PennyMac Mortgage Investment Trust | 9.2 | $1.16B |
ROIC Retail Opportunity Investments Corp | 37.78 | $2.24B |
ADC Agree Realty Corp | 42.37 | $7.98B |
SBRA Sabra Health Care REIT Inc | 44.76 | $4.34B |
PMT's price to earnings ratio is 9.2 as of Nov 21, 2024.
As an average over the last 3 years, PMT stock has a PE ratio of 18.88.
As an average over the last 5 years, PMT stock has a PE ratio of 33.28.
In the last ten years, the Sep 2020 quarter recorded the highest quarterly PE ratio at 200.88.
PMT's current price to earnings ratio is 54% below its 10-year historical average.
PMT's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), PennyMac Mortgage Investment Trust's stock price is $13.34. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.45. Therefore, PennyMac Mortgage Investment Trust's P/E ratio for today is 9.2. PE RATIO(9.2) = STOCK PRICE($13.34) / TTM EPS($1.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.