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Redwood Trust (Redwood Trust) Shiller PE Ratio : 12.80 (As of Apr. 24, 2024)


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What is Redwood Trust Shiller PE Ratio?

As of today (2024-04-24), Redwood Trust's current share price is $5.76. Redwood Trust's E10 for the quarter that ended in Dec. 2023 was $0.45. Redwood Trust's Shiller PE Ratio for today is 12.80.

The historical rank and industry rank for Redwood Trust's Shiller PE Ratio or its related term are showing as below:

RWT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.34   Med: 12.06   Max: 61.48
Current: 12.8

During the past years, Redwood Trust's highest Shiller PE Ratio was 61.48. The lowest was 3.34. And the median was 12.06.

RWT's Shiller PE Ratio is ranked worse than
56.43% of 443 companies
in the REITs industry
Industry Median: 11.36 vs RWT: 12.80

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Redwood Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Redwood Trust Shiller PE Ratio Historical Data

The historical data trend for Redwood Trust's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Redwood Trust Shiller PE Ratio Chart

Redwood Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.43 12.19 13.50 9.78 16.56

Redwood Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.78 10.96 12.03 15.10 16.56

Competitive Comparison of Redwood Trust's Shiller PE Ratio

For the REIT - Mortgage subindustry, Redwood Trust's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Redwood Trust's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Redwood Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Redwood Trust's Shiller PE Ratio falls into.



Redwood Trust Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Redwood Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.76/0.45
=12.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Redwood Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Redwood Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.15/129.4194*129.4194
=0.150

Current CPI (Dec. 2023) = 129.4194.

Redwood Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.140 99.695 0.182
201406 0.180 100.560 0.232
201409 0.500 100.428 0.644
201412 0.310 99.070 0.405
201503 0.160 99.621 0.208
201506 0.310 100.684 0.398
201509 0.220 100.392 0.284
201512 0.490 99.792 0.635
201603 0.150 100.470 0.193
201606 0.480 101.688 0.611
201609 0.580 101.861 0.737
201612 0.310 101.863 0.394
201703 0.430 102.862 0.541
201706 0.430 103.349 0.538
201709 0.410 104.136 0.510
201712 0.350 104.011 0.435
201803 0.500 105.290 0.615
201806 0.380 106.317 0.463
201809 0.420 106.507 0.510
201812 -0.020 105.998 -0.024
201903 0.490 107.251 0.591
201906 0.300 108.070 0.359
201909 0.310 108.329 0.370
201912 0.380 108.420 0.454
202003 -8.280 108.902 -9.840
202006 1.000 108.767 1.190
202009 1.020 109.815 1.202
202012 0.480 109.897 0.565
202103 0.720 111.754 0.834
202106 0.660 114.631 0.745
202109 0.650 115.734 0.727
202112 0.340 117.630 0.374
202203 0.240 121.301 0.256
202206 -0.850 125.017 -0.880
202209 -0.440 125.227 -0.455
202212 -0.400 125.222 -0.413
202303 0.020 127.348 0.020
202306 0.002 128.729 0.002
202309 -0.290 129.860 -0.289
202312 0.150 129.419 0.150

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Redwood Trust  (NYSE:RWT) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Redwood Trust Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Redwood Trust's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Redwood Trust (Redwood Trust) Business Description

Traded in Other Exchanges
Address
One Belvedere Place, Suite 300, Mill Valley, CA, USA, 94941
Redwood Trust Inc is a real estate investment trust focused on different areas of housing credit. The company operates in three segments: the Residential Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale to whole loan buyers, securitization through SEMT (Sequoia) private-label securitization program, or transfer into its investment portfolio, Business Purpose Mortgage Banking segment consists of a platform that originates and acquires business purpose lending (BPL) loans for subsequent securitization, sale, or transfers into its investment portfolio, and Investment Portfolio segment consists of organic investments sourced through residential and business-purpose mortgage banking operations.
Executives
Doneene K Damon director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Fred Matera officer: Chief Investment Officer 1 BELVEDERE PLACE, STE. 300, MILL VALLEY CA 94941
Andrew P Stone officer: General Counsel 1 BELVEDERE PLACE, STE. 300, MILL VALLEY CA 94941
Cochrane Collin Lee officer: Controller, Managing Director C/O REDWOOD TRUST, INC, 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Dashiell I Robinson director, officer: President 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Horvath D Debora director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Sasha G. Macomber officer: Chief Human Resource Officer 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Brooke Carillo officer: Chief Financial Officer C/O REDWOOD TRUST, INC., 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Greg H Kubicek director 2601 NE 163RD COURT, VANCOUVER WA 98684
Armando Falcon director 1 BELVEDERE PLACE,SUITE 300, C/O REDWOOD TRUST, INC, MILL VALLEY CA 94941
Faith A Schwartz director 1 BELVEDERE PLCAE, SUITE 300, C/O REDWOOD TRUST, INC., MILL VALLEY CA 94941
Georganne Proctor director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
George W Madison director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Mariann H Byerwalter director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY 920/2, SAN MATEO CA 94403
Jeffrey T Pero director ONE BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941