TWO Two Harbors Investment PE ratio, current and historical analysis
As of Mar 7, 2025, the Two Harbors Investment stock's PE ratio is 5.84. This takes into account the latest EPS of $2.41 and stock price of $14.07.
TWO PE ratio history
The PE ratio of Two Harbors Investment has averaged 9.81 over the last ten years. The current P/E ratio of 5.84 is 40% 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.
Two Harbors Investment PE ratio by year
Maximum annual increase: 287.54% in 2014
Maximum annual decrease: -72.45% in 2015
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 4.91 | N/A | $11.83 | $2.41 |
| 2023 | N/A | N/A | $13.93 | -$1.6 |
| 2022 | 7.33 | -45.38% | $15.77 | $2.15 |
| 2021 | 13.42 | N/A | $23.08 | $1.72 |
| 2020 | N/A | N/A | $25.48 | -$24.94 |
| 2019 | 15.72 | N/A | $58.48 | $3.72 |
| 2018 | N/A | N/A | $51.36 | -$2.12 |
| 2017 | 8.79 | 2.33% | $65.04 | $7.4 |
| 2016 | 8.59 | 43.17% | $69.76 | $8.12 |
| 2015 | 6 | -72.45% | $64.8 | $10.8 |
| 2014 | 21.78 | 287.54% | $80.16 | $3.68 |
| 2013 | 5.62 | -38.65% | $74.24 | $13.2 |
| 2012 | 9.16 | 27.93% | $88.64 | $9.68 |
| 2011 | 7.16 | 16.99% | $73.92 | $10.32 |
| 2010 | 6.12 | N/A | $78.32 | $12.8 |
Two Harbors Investment PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 4.91 | N/A | $11.83 | $2.41 |
| Sep 2024 | N/A | N/A | $13.88 | -$4.8 |
| Jun 2024 | 20.02 | 228.2% | $13.21 | $0.66 |
| Mar 2024 | 6.1 | N/A | $13.24 | $2.17 |
| Dec 2023 | N/A | N/A | $13.93 | -$1.6 |
| Sep 2023 | N/A | N/A | $13.24 | -$0.11 |
| Jun 2023 | N/A | N/A | $13.88 | -$0.11 |
| Mar 2023 | N/A | N/A | $14.71 | -$3.05 |
| Dec 2022 | 7.33 | 169.49% | $15.77 | $2.15 |
| Sep 2022 | 2.72 | -65.44% | $13.28 | $4.89 |
| Jun 2022 | 7.87 | -42.72% | $19.92 | $2.53 |
| Mar 2022 | 13.74 | 2.38% | $22.12 | $1.61 |
| Dec 2021 | 13.42 | 155.13% | $23.08 | $1.72 |
| Sep 2021 | 5.26 | 18.74% | $25.36 | $4.82 |
| Jun 2021 | 4.43 | -10.32% | $30.24 | $6.82 |
TWO average PE ratio chart
TWO's current PE ratio is lower than its 3, 5 and 10-year averages.
TWO PE vs peers
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 | 5.84 | $1.46B |
| SBRA Sabra Health Care REIT Inc | 31.22 | $4.01B |
| REG Regency Centers Corp | 34.89 | $13.41B |
| PDM Piedmont Office Realty Trust Inc | N/A | $909.82M |
| AIV Apartment Investment & Management Co | N/A | $1.25B |
Frequently asked questions
What is Two Harbors Investment's PE ratio?
The price to earnings ratio for TWO stock as of Mar 7, 2025, stands at 5.84.
What is the 3-year average PE ratio for Two Harbors Investment (TWO)?
The average PE ratio for TWO stock over the past 3 years is 8.96.
What is the 5-year average PE ratio for Two Harbors Investment (TWO)?
The average PE ratio for TWO stock over the past 5 years is 8.25.
What is the highest PE ratio for TWO?
The highest quarterly PE ratio in the last ten years has been 45.05 and it was in the Jun 2016 quarter.
How does the current PE ratio for TWO compare to its historical average?
TWO's price to earnings ratio is currently 40% below its 10-year historical average.
Why is Two Harbors Investment's PE ratio so low?
TWO's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is TWO's PE ratio calculated (Two Harbors Investment PE ratio formula)?
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 (Mar 7, 2025), Two Harbors Investment's share price is $14.07. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $2.41. Therefore, Two Harbors Investment's PE ratio for today is 5.84. PE RATIO(5.84) = STOCK PRICE($14.07) / TTM EPS($2.41)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.