As of Jul 25, 2024, the Two Harbors Investment stock's PE ratio is 6.21. This takes into account the latest EPS of $2.17 and stock price of $13.47.
The PE ratio of Two Harbors Investment has averaged 9.99 over the last ten years. The current P/E ratio of 6.21 is 38% lower than the historical average. Looking back at the last ten years, TWO's PE ratio peaked in the Jun 2016 quarter at 45.05, when the price was $68.48 and the EPS was $1.52. The lowest point was in the Sep 2022 quarter, when it reached 2.72 with a price of $13.28 and an EPS of $4.89.
Maximum annual increase: 287.54% in 2014
Maximum annual decrease: -72.45% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | N/A | N/A |
| 2022 | 7.33 | -45.38% |
| 2021 | 13.42 | N/A |
| 2020 | N/A | N/A |
| 2019 | 15.72 | N/A |
| 2018 | N/A | N/A |
| 2017 | 8.79 | 2.33% |
| 2016 | 8.59 | 43.17% |
| 2015 | 6 | -72.45% |
| 2014 | 21.78 | 287.54% |
TWO's current PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks REG and SBRA, TWO's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TWO Two Harbors Investment Corp | 6.34 | $1.42B |
| REG Regency Centers Corp | 31.88 | $12.08B |
| SBRA Sabra Health Care REIT Inc | 82.95 | $3.84B |
| PDM Piedmont Office Realty Trust Inc | N/A | $1.08B |
| AIV Apartment Investment & Management Co | N/A | $1.31B |
The price to earnings ratio for TWO stock as of Jul 25, 2024, stands at 6.21.
The average PE ratio for TWO stock over the past 3 years is 8.06.
The average PE ratio for TWO stock over the past 5 years is 8.15.
The highest quarterly PE ratio in the last ten years has been 45.05 and it was in the Jun 2016 quarter.
TWO's price to earnings ratio is currently 38% below its 10-year historical average.
TWO's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
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), Two Harbors Investment's share price is $13.47. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.17. Therefore, Two Harbors Investment's PE ratio for today is 6.21. PE RATIO(6.21) = STOCK PRICE($13.47) / TTM EPS($2.17)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.