Two Harbors Investment
TWO
#5210
Rank
C$1.69 B
Marketcap
$16.36
Share price
1.56%
Change (1 day)
-12.72%
Change (1 year)

P/E ratio for Two Harbors Investment (TWO)

P/E ratio as of November 2024 (TTM): -107

According to Two Harbors Investment 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -106.727. At the end of 2022 the company had a P/E ratio of 7.30.

P/E ratio history for Two Harbors Investment from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.30-41.8%
202112.5-1328.75%
2020-1.02-106.21%
201916.4-59.06%
201840.1354.06%
20178.8426.21%
20167.0043.54%
20154.88-72.66%
201417.8289.65%
20134.58-38.77%
20127.4836.89%
20115.4619.26%
20104.58-123.9%
2009-19.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
34.6-132.38%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2-119.83%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-110.44%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.19-93.27%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.