As of Jul 25, 2024, the RWT stock has a PE ratio of 91.25. The calculation is based on the latest EPS of $0.08 and the stock price of $7.3 per share.
The mean historical PE ratio of Redwood Trust over the last ten years is 12.22. The current 91.25 P/E ratio is similar to the historical average. Looking back at the last ten years, RWT's PE ratio peaked in the Mar 2024 quarter at 79.63, with a price of $6.37 and an EPS of $0.08. The Mar 2021 quarter marked the lowest point at 2.64, with a price of $10.41 and an EPS of $3.94.
Maximum annual increase: 76.61% in 2014
Maximum annual decrease: -34.09% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | N/A | N/A |
| 2022 | N/A | N/A |
| 2021 | 4.83 | N/A |
| 2020 | N/A | N/A |
| 2019 | 10.15 | -0.98% |
| 2018 | 10.25 | 23.05% |
| 2017 | 8.33 | -9.06% |
| 2016 | 9.16 | -16.73% |
| 2015 | 11 | -34.09% |
| 2014 | 16.69 | 76.61% |
RWT's current PE ratio is higher than the 3, 5 and 10-year averages.
RWT's PE ratio stands lower than its peer stock LXP, but it is higher than BXP's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BXP Boston Properties Inc | 57.32 | $11.07B |
| RWT Redwood Trust Inc | 92.5 | $977.93M |
| LXP Lexington Realty Trust | 259.25 | $3.05B |
| BXMT Blackstone Mortgage Trust Inc | N/A | $3.05B |
| IRT Independence Realty Trust Inc | N/A | $4.25B |
RWT stock has a price to earnings ratio of 91.25 as of Jul 25, 2024.
The average PE ratio for RWT stock over the past 3 years is 21.75.
The average PE ratio for RWT stock over the past 5 years is 15.47.
Within the last ten years, the current PE ratio is at its peak with a value of 91.25.
RWT's current price to earnings ratio is 647% above its 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
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), Redwood Trust's share price is $7.3. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.08. Therefore, Redwood Trust's PE ratio for today is 91.25. PE RATIO(91.25) = STOCK PRICE($7.3) / TTM EPS($0.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.