New York Mortgage Trust
NYMT
#6624
Rank
โ‚น45.88 B
Marketcap
โ‚น506.56
Share price
4.58%
Change (1 day)
-31.22%
Change (1 year)

P/E ratio for New York Mortgage Trust (NYMT)

P/E ratio as of December 2024 (TTM): -3.23

According to New York Mortgage Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.23243. At the end of 2022 the company had a P/E ratio of -2.85.

P/E ratio history for New York Mortgage Trust from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.85-129.14%
20219.79-365.3%
2020-3.69-138.5%
20199.585.77%
20189.06-0.13%
20179.07-31.26%
201613.253.55%
20158.6063.91%
20145.24-16.71%
20136.3024.55%
20125.06-64.94%
201114.449.17%
20109.6768.06%
20095.75-1268.7%
2008-0.4922395.54%
2007-0.0993-97.3%
2006-3.68-83.31%
2005-22.1-275.35%
200412.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
55.1-1,804.76%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1-628.67%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2-847.95%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.