PennyMac Mortgage Investment Trust (PMTU) P/E Ratio History
Historical price-to-earnings valuation from 2023 to 2025
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Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of March 2, 2026, PennyMac Mortgage Investment Trust (PMTU) trades at a price-to-earnings ratio of 18.7x, with a stock price of $25.64 and trailing twelve-month earnings per share of $1.40.
The current P/E is 16% below its 5-year average of 22.2x. Over the past five years, PMTU's P/E has ranged from a low of 15.7x to a high of 34.9x, placing the current valuation at the 33th percentile of its historical range.
Compared to the Real Estate sector median P/E of 23.4x, PMTU trades at a 20% discount to its sector peers. The sector includes 170 companies with P/E ratios ranging from 1.8x to 176.8x.
Relative to the broader market, PMTU trades at a notable discount to the S&P 500 median P/E of 26.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our PMTU DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
Peer Comparison
P/E metrics vs. Real Estate Finance and Mortgage REITs peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
PMTUPennyMac Mortgage Investment Trust | $2B | 18.7Lowest | -Best | -16%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q3 | $25.32 | $0.91 | 27.7x | +25% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $25.33 | $0.72 | 34.9x | +58% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $25.50 | $0.93 | 27.4x | +24% |
| FY2024 Q4 | $25.33 | $1.33 | 19.0x | -14% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $25.92 | $1.36 | 19.1x | -14% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $25.32 | $1.51 | 16.8x | -24% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $25.25 | $1.50 | 16.8x | -24% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $25.25 | $1.61 | 15.7x | -29% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $24.46 | $1.10 | 22.2x | -0% |
Average P/E for displayed period: 22.2x
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Start ComparisonFrequently Asked Questions
Is PMTU stock overvalued or undervalued?
PMTU trades at 18.7x P/E, near its 5-year average of 22.2x. The 33th percentile ranking places valuation within normal historical bounds.
How does PMTU's valuation compare to peers?
PennyMac Mortgage Investment Trust P/E of 18.7x compares to sector median of 23.4x. The discount suggests lower growth expectations or higher risk.
What is PMTU's PEG ratio?
PMTU PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2023-2025.