Two Harbors Investment Corp. (TWO) P/E Ratio History
Insufficient DataValuation data unavailable. · Data 2008–2024
Loading P/E history...
P/E Ratio Analysis
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our TWO 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.
TWO Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
TWO P/E vs Peers
Agency Mortgage REITs peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $10B | 178.8 | - | +58% | |
| $14B | 12.6 | - | +80%Best | |
| $685M | 8.2 | 0.28 | -28% | |
| $142M | 10.5 | - | -27% | |
| $1B | 6.3Lowest | 0.25Best | -13% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
TWO Historical P/E Data (2008–2024)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2024 Q4 | - | $11.83 | $2.11 | 5.6x | -67% |
| FY2024 Q2 | Jun 30 2024 | $13.21 | $0.41 | 32.2x | +91% |
| FY2024 Q1 | Mar 31 2024 | $13.24 | $1.78 | 7.4x | -56% |
| FY2022 Q4 | Dec 31 2022 | $15.77 | $1.57 | 10.0x | -40% |
| FY2022 Q3 | Sep 30 2022 | $13.28 | $4.68 | 2.8x | -83% |
| FY2022 Q2 | - | $19.92 | $2.61 | 7.6x | -55% |
| FY2022 Q1 | - | $22.12 | $1.73 | 12.8x | -24% |
| FY2021 Q4 | Dec 31 2021 | $23.08 | $1.88 | 12.2x | -27% |
| FY2021 Q3 | - | $25.36 | $4.62 | 5.5x | -67% |
| FY2021 Q2 | Jun 30 2021 | $30.24 | $6.52 | 4.6x | -72% |
| FY2021 Q1 | Mar 31 2021 | $29.32 | $5.70 | 5.1x | -69% |
| FY2019 Q4 | - | $58.48 | $3.90 | 15.0x | -11% |
| FY2018 Q4 | Dec 31 2018 | $51.36 | $1.18 | 43.5x | +158% |
| FY2018 Q3 | Sep 30 2018 | $59.72 | $13.48 | 4.4x | -74% |
| FY2018 Q2 | Jun 30 2018 | $63.20 | $14.92 | 4.2x | -75% |
| FY2018 Q1 | Mar 31 2018 | $61.48 | $12.40 | 5.0x | -71% |
| FY2017 Q4 | Dec 31 2017 | $65.04 | $7.28 | 8.9x | -47% |
| FY2017 Q3 | Sep 30 2017 | $66.00 | $11.76 | 5.6x | -67% |
| FY2017 Q2 | Jun 30 2017 | $64.88 | $12.40 | 5.2x | -69% |
| FY2017 Q1 | Mar 31 2017 | $62.79 | $11.81 | 5.3x | -68% |
| FY2016 Q4 | Dec 31 2016 | $57.09 | $8.13 | 7.0x | -58% |
| FY2016 Q3 | Sep 30 2016 | $55.85 | $5.01 | 11.1x | -34% |
| FY2016 Q2 | - | $56.04 | $1.53 | 36.6x | +117% |
| FY2016 Q1 | - | $51.98 | $6.72 | 7.7x | -54% |
| FY2015 Q4 | - | $53.03 | $10.84 | 4.9x | -71% |
| FY2015 Q3 | Sep 30 2015 | $57.75 | $5.31 | 10.9x | -35% |
| FY2015 Q2 | - | $63.77 | $10.31 | 6.2x | -63% |
| FY2015 Q1 | - | $69.53 | $6.39 | 10.9x | -35% |
| FY2014 Q4 | Dec 31 2014 | $65.60 | $3.67 | 17.9x | +6% |
| FY2014 Q3 | - | $63.31 | $9.76 | 6.5x | -61% |
| FY2014 Q2 | Jun 30 2014 | $68.61 | $1.30 | 52.8x | +213% |
| FY2014 Q1 | Mar 31 2014 | $67.11 | $8.90 | 7.5x | -55% |
| FY2013 Q4 | - | $60.76 | $13.30 | 4.6x | -73% |
| FY2013 Q3 | Sep 30 2013 | $63.57 | $13.14 | 4.8x | -71% |
| FY2013 Q2 | Jun 30 2013 | $67.11 | $18.16 | 3.7x | -78% |
| FY2013 Q1 | Mar 31 2013 | $82.56 | $10.56 | 7.8x | -54% |
| FY2012 Q4 | Dec 31 2012 | $72.54 | $9.04 | 8.0x | -52% |
| FY2012 Q3 | Sep 30 2012 | $76.93 | $7.04 | 10.9x | -35% |
| FY2012 Q2 | Jun 30 2012 | $67.83 | $9.60 | 7.1x | -58% |
| FY2012 Q1 | Mar 31 2012 | $66.39 | $8.62 | 7.7x | -54% |
| FY2011 Q4 | Dec 31 2011 | $60.50 | $10.30 | 5.9x | -65% |
| FY2011 Q3 | Sep 30 2011 | $57.81 | $12.54 | 4.6x | -73% |
| FY2011 Q2 | - | $70.38 | $12.22 | 5.8x | -66% |
| FY2011 Q1 | - | $68.55 | $13.76 | 5.0x | -70% |
| FY2010 Q4 | Dec 31 2010 | $64.10 | $13.04 | 4.9x | -71% |
| FY2010 Q3 | - | $59.06 | $4.65 | 12.7x | -25% |
| FY2010 Q2 | Jun 30 2010 | $54.01 | $1.31 | 41.2x | +145% |
| FY2009 Q1 | - | $57.78 | $0.30 | 191.1x | +1034% |
| FY2008 Q4 | Dec 31 2008 | $55.46 | $0.76 | 73.0x | +333% |
| FY2008 Q3 | - | $54.85 | $0.91 | 60.3x | +258% |
Average P/E for displayed period: 16.8x
TWO Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
18+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
TWO — Frequently Asked Questions
Quick answers to the most common questions about buying TWO stock.
What is TWO's P/E ratio?
Two Harbors Investment Corp. (TWO) trailing twelve-month P/E ratio is N/A, based on TTM diluted EPS of N/A. The 5-year average P/E is 10.2x and the historical range spans 2.8x to 43.5x.
Is TWO stock overvalued or undervalued?
TWO current P/E: N/A. 5-year average P/E: 10.2x. Percentile: N/A.
Is TWO stock expensive?
TWO is fairly valued relative to its own history. The current P/E of N/A is near the 5-year average of 10.2x (N/A percentile of historical range).
What is TWO's historical P/E range?
Over the past 5 years, TWO's P/E ratio has ranged from 2.8x to 43.5x, with a median of 5.6x and an average of 10.2x. The current P/E of N/A places the stock at the N/A percentile of this range. Full historical data spans 2008–2024.
How does TWO's P/E compare to the S&P 500?
TWO current P/E: N/A. S&P 500 median P/E: 21.8x.
How does TWO's valuation compare to Real Estate peers?
Two Harbors Investment Corp. P/E of N/A can be benchmarked against Real Estate peers in the comparison table on this page.
What is TWO's PEG ratio?
TWO PEG ratio is N/A. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is TWO's earnings yield?
TWO earnings yield is N/A, the inverse of its N/A 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.