As of May 16, 2024, the Velocity Financial stock's PE ratio is 9.93. This results from the current EPS of $1.79 and stock price of $17.78. The P/E ratio has grown by 3.4% from the past four quarters average of 9.6.
The PE ratio of Velocity Financial has averaged 10.71 over the last five years. The current PE ratio of 9.93 is 7% below the historical average. Over the past five years, VEL's PE ratio was at its highest in the Dec 2021 quarter at 15.22, when the stock price was $13.7 and the EPS was $0.9. The lowest value was in the Mar 2023 quarter, when it reached 7.34 with a price of $9.03 and an EPS of $1.23.
Maximum annual increase: 10.36% in 2023
Maximum annual decrease: -35.94% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.76 | 10.36% |
| 2022 | 9.75 | -35.94% |
| 2021 | 15.22 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
The current PE ratio of VEL is below the 3-year average.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VEL Velocity Financial Inc | 9.93 | $586.49M |
| LDI loanDepot Inc | N/A | $711.9M |
The price to earnings ratio for VEL stock as of May 16, 2024, stands at 9.93.
The average PE ratio for VEL stock over the past 3 years is 10.78.
Over the last five years, the quarterly PE ratio reached a historic high of 15.22 in the Dec 2021 quarter.
VEL's price to earnings ratio is currently 7% below its 5-year historical average.
VEL's PE ratio of 9.93 is considered low because the company's stock price is trading at a lower multiple of earnings.
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 (May 16, 2024), Velocity Financial's stock price is $17.78. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.79. Therefore, Velocity Financial's P/E ratio for today is 9.93. PE RATIO(9.93) = STOCK PRICE($17.78) / TTM EPS($1.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.