P/E ratio for Ellington Financial (EFC)
P/E ratio as of May 2024 (TTM): 27.5
According to Ellington Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.4773. At the end of 2022 the company had a P/E ratio of -8.65.
P/E ratio history for Ellington Financial from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -8.65 | -233.12% |
| 2021 | 6.50 | -86.43% |
| 2020 | 47.9 | 367.48% |
| 2019 | 10.2 | 0.87% |
| 2018 | 10.2 | -26.53% |
| 2017 | 13.8 | -141.85% |
| 2016 | -33.0 | -322.37% |
| 2015 | 14.8 | 65.9% |
| 2014 | 8.95 | 36.61% |
| 2013 | 6.55 | 55.19% |
| 2012 | 4.22 | -85% |
| 2011 | 28.1 | 284.75% |
| 2010 | 7.32 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Westwood Holdings Group WHG | 26.1 | -4.99% | 🇺🇸 USA |
 Manning & Napier MN | 13.8 | -49.71% | 🇺🇸 USA |
 Blackstone Group BX | 53.5 | 94.73% | 🇺🇸 USA |
 Apollo Global Management
APO | 95.9 | 249.16% | 🇺🇸 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.