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PMTUPennyMac Mortgage Investment Trust
$25.40$2.2B
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HomeStocksPMTUP/E History

PMTU logoPennyMac Mortgage Investment Trust (PMTU) P/E Ratio History

Fairly Valued

Trading at 25.7x, near 5Y avg of 22.4x · 73th percentile · In line with own history · Data 2023–2026

Current P/E (TTM)
25.7x
+14% vs 5Y avg
5Y Avg P/E
22.4x
Median 21.9x
5Y Percentile
73th
Upper end of range
PEG Ratio
0.86
Growth supports price
5-Year P/E Range
25.7x
Min15.7xMedian21.9xMax34.9x
TTM EPS$1.52
Price$25.40
Earnings Yield3.90%
EPS Growth (1Y)-27.7%
EPS Growth (5Y)29.7%

Loading P/E history...

P/E Ratio Analysis

As of June 29, 2026, PennyMac Mortgage Investment Trust (PMTU) trades at a price-to-earnings ratio of 25.7x, with a stock price of $25.40 and trailing twelve-month earnings per share of $1.52.

The current P/E is 14% above its 5-year average of 22.4x. 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 73th percentile of its historical range.

Compared to the Real Estate sector median P/E of 25.2x, PMTU is roughly in line with its sector peers. The sector includes 173 companies with P/E ratios ranging from 0.8x to 164.9x.

The PEG ratio of 0.86 (P/E divided by -28% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.

Relative to the broader market, PMTU trades roughly in line with the S&P 500 median P/E of 25.3x. 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.

PMTU Cross-Benchmark Valuation

How does the current P/E compare to sector peers and the broader market?

vs. Real Estate
25.7vs25.2
+2%
In Line with Sector
vs. S&P 500
25.7vs25.3
+1%
In Line with Market
PEG Analysis
0.86
P/E ÷ EPS Growth
PEG < 1 = Attractive
Based on -28% EPS growth (1Y)

PMTU P/E vs Peers

Real Estate Finance and Mortgage REITs peers sorted by market cap

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
MFA logoMFAMFA Financial, Inc.
$1B5.8Lowest-+105%Best
AGNC logoAGNCAGNC Investment Corp.
$13B7.4-+58%
NLY logoNLYAnnaly Capital Management, Inc.
$17B7.9-+80%
IVR logoIVRInvesco Mortgage Capital Inc.
$567M6.0-+103%
EFC logoEFCEllington Financial Inc.
$1B11.40.46-13%
PMT logoPMTPennyMac Mortgage Investment Trust
$937M10.90.37Best-28%
PFSI logoPFSIPennyMac Financial Services, Inc.
$4B9.3-+59%

Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.

PMTU Historical P/E Data (2023–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterPeriod EndPriceTTM EPSP/E Ratiovs Avg
FY2026 Q1-$25.45$1.1621.9x-3%
FY2025 Q4Dec 31 2025$25.38$0.9925.5x+14%
FY2025 Q3-$25.32$0.9127.7x+23%
FY2025 Q2Jun 30 2025$25.33$0.7234.9x+56%
FY2025 Q1Mar 31 2025$25.50$0.9327.4x+22%
FY2024 Q4-$25.33$1.3319.0x-15%
FY2024 Q3Sep 30 2024$25.92$1.3619.1x-15%
FY2024 Q2Jun 30 2024$25.32$1.5116.8x-25%
FY2024 Q1Mar 31 2024$25.25$1.5016.8x-25%
FY2023 Q4Dec 31 2023$25.25$1.6115.7x-30%
FY2023 Q3Sep 30 2023$24.46$1.1022.2x-1%

Average P/E for displayed period: 22.4x

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PMTU — Frequently Asked Questions

Quick answers to the most common questions about buying PMTU stock.

What is PMTU's P/E ratio?

PennyMac Mortgage Investment Trust (PMTU) trailing twelve-month P/E ratio is 25.7x, based on TTM diluted EPS of $1.52. The 5-year average P/E is 22.4x and the historical range spans 15.7x to 34.9x.

Is PMTU stock overvalued or undervalued?

PMTU trades at 25.7x P/E, near its 5-year average of 22.4x. The 73th percentile ranking within the 15.7x–34.9x historical range places valuation within normal bounds.

Is PMTU stock expensive?

PMTU is fairly valued relative to its own history. The current P/E of 25.7x is near the 5-year average of 22.4x (73th percentile of historical range).

What is PMTU's historical P/E range?

Over the past 5 years, PMTU's P/E ratio has ranged from 15.7x to 34.9x, with a median of 21.9x and an average of 22.4x. The current P/E of 25.7x places the stock at the 73th percentile of this range. Full historical data spans 2023–2026.

How does PMTU's P/E compare to the S&P 500?

PMTU trades at 25.7x P/E versus the S&P 500 median of 25.3x. The 2% premium to the market typically reflects higher expected earnings growth or quality.

How does PMTU's valuation compare to Real Estate peers?

PennyMac Mortgage Investment Trust P/E of 25.7x compares to the Real Estate sector median of 25.2x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.

What is PMTU's PEG ratio?

PMTU PEG ratio is 0.86, based on a P/E of 25.7x and EPS growth of -27.7%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.

What is PMTU's earnings yield?

PMTU earnings yield is 3.90%, the inverse of its 25.7x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.

PMTU P/E Ratio History (2023–2026)

Quarterly valuation multiple from closing price and trailing EPS

Current21.9x
Period Avg22.4x
Range15.7x - 34.9x
Change-1%
11 quartersSep 30, 2023 - Mar 31, 2026