RWT (Redwood Trust) Cyclically Adjusted PS Ratio: 3.33 (As of Aug. 18, 2026) — 24% Below Median

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RWT Redwood Trust Inc RWT
20 GF Score
Price $4.73
! 3 Warning Signs
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What is Redwood Trust Cyclically Adjusted PS Ratio?

Redwood Trust RWT -1.46% 20 Cyclically Adjusted PS Ratio is 3.33 as of Aug. 18, 2026, which is 24% below its 10-year median of 4.38. GuruFocus rates RWT with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 541 REITs companies, Redwood Trust ranks better than 70.43% on this metric.

As of today (2026-08-18), Redwood Trust's current share price is $4.73. Redwood Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $1.42. Redwood Trust's Cyclically Adjusted PS Ratio for today is 3.33.

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

RWT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 4.38   Max: 16.28
Current: 3.39

During the past years, Redwood Trust's highest Cyclically Adjusted PS Ratio was 16.28. The lowest was 1.63. And the median was 4.38.

RWT's Cyclically Adjusted PS Ratio is ranked better than
70.43% of 541 companies
in the REITs industry
Industry Median: 5.78 vs RWT: 3.39

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Redwood Trust's adjusted revenue per share data for the three months ended in Jun. 2026 was $0.343. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $1.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Redwood Trust  (NYSE:RWT) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Redwood Trust Cyclically Adjusted PS Ratio Related Terms


Redwood Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Redwood Trust's Cyclically Adjusted PS 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.

Redwood Trust Cyclically Adjusted PS Ratio Chart

Redwood Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.23 3.56 4.43 4.07 3.81

Redwood Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 3.90 3.86 3.81 3.89 3.35

RWT vs FBRT, TRTX, BRSP: Cyclically Adjusted PS Ratio Comparison

For the REIT - Mortgage subindustry, Redwood Trust's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs REITs Industry

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

* The bar in red indicates where Redwood Trust's Cyclically Adjusted PS Ratio falls into.


RWT
20GF Score
Redwood Trust Inc RWT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Redwood Trust Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Redwood Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.73/1.42
=3.33

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Redwood Trust's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.343/333.9520*333.9520
=0.343

Current CPI (Jun. 2026) = 333.9520.

Redwood Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.746 241.428 1.032
201612 0.467 241.432 0.646
201703 0.626 243.801 0.857
201706 0.618 244.955 0.843
201709 0.597 246.819 0.808
201712 0.422 246.524 0.572
201803 0.691 249.554 0.925
201806 0.541 251.989 0.717
201809 0.586 252.439 0.775
201812 0.080 251.233 0.106
201903 0.608 254.202 0.799
201906 0.477 256.143 0.622
201909 0.447 256.759 0.581
201912 0.646 256.974 0.840
202003 -7.419 258.115 -9.599
202006 1.353 257.797 1.753
202009 1.313 260.280 1.685
202012 0.842 260.474 1.080
202103 1.109 264.877 1.398
202106 0.997 271.696 1.225
202109 0.956 274.310 1.164
202112 0.603 278.802 0.722
202203 0.468 287.504 0.544
202206 -0.633 296.311 -0.713
202209 -0.056 296.808 -0.063
202212 -0.093 296.797 -0.105
202303 0.375 301.836 0.415
202306 0.338 305.109 0.370
202309 0.045 307.789 0.049
202312 0.469 306.746 0.511
202403 0.522 312.332 0.558
202406 0.446 314.175 0.474
202409 0.455 315.301 0.482
202412 0.268 315.605 0.284
202503 0.480 319.799 0.501
202506 -0.398 322.561 -0.412
202509 0.334 324.800 0.343
202512 0.610 324.054 0.629
202603 0.389 330.213 0.393
202606 0.343 333.952 0.343

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.

What does a Cyclically Adjusted PS Ratio of 3.33 mean?
Redwood Trust (RWT) has a Cyclically Adjusted PS Ratio of 3.33 as of Aug. 18, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Redwood Trust and its competitors. This is 24% below median its historical median of 4.38. Over the past decade, Redwood Trust's Cyclically Adjusted PS Ratio has ranged from 1.63 to 16.28. According to the industry distribution chart, Redwood Trust ranks #160 out of 541 companies in the REITs industry, placing it in the top 29.6%.
Is Redwood Trust's Cyclically Adjusted PS Ratio too high?
Redwood Trust's current Cyclically Adjusted PS Ratio of 3.33 is 24% below median its 10-year median of 4.38. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 16.28. The REITs industry median Cyclically Adjusted PS Ratio is 5.78. Redwood Trust's value of 3.33 is 42.4% below this industry median. Based on the distribution chart, Redwood Trust ranks #160 out of 541 companies in the REITs industry, which is above the industry midpoint. Overall, Redwood Trust has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Redwood Trust's Cyclically Adjusted PS Ratio compare to FBRT and TRTX?
According to the REITs industry distribution chart, Redwood Trust ranks #160 out of 541 companies for Cyclically Adjusted PS Ratio. This puts Redwood Trust in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.78. Redwood Trust's value of 3.33 is 42.4% below this benchmark. Historically, Redwood Trust's own Cyclically Adjusted PS Ratio has ranged from 1.63 to 16.28 over the past decade. While the company's 10-year median is 4.38 vs. the industry median of 5.78, Redwood Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.78, based on 541 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Redwood Trust's current Cyclically Adjusted PS Ratio of 3.33 is 42.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Redwood Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redwood Trust's current Cyclically Adjusted PS Ratio is 3.33, which is 24% below median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redwood Trust stock overvalued right now?
Redwood Trust (RWT) has a current Cyclically Adjusted PS Ratio of 3.33. The current Cyclically Adjusted PS Ratio is 3.33, which is 24% below median its 10-year median of 4.38 and 42.4% below the REITs industry median of 5.78. Redwood Trust's overall GF Score™ is 20/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Redwood Trust (RWT), the current Cyclically Adjusted PS Ratio is 3.33 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Redwood Trust Business Description

Industry Real EstateREITs
Other Exchanges R2V:Germany
Address One Belvedere Place, Suite 300, Mill Valley, CA, USA, 94941
Redwood Trust Inc is a specialty finance company focused on several distinct areas of housing credit. The company delivers customized housing credit investments to a diverse mix of investors through securitization platforms, whole-loan distribution activities, and its publicly traded securities. The company has four reportable segments: Sequoia Mortgage Banking, CoreVest Mortgage Banking, Redwood Investments, and Legacy Investments. Maximum revenue is generated from the Sequoia Mortgage Banking segment, comprising a mortgage loan conduit that acquires residential consumer loans from third-party originators for subsequent sale to whole loan buyers, securitization through its SEMT private-label securitization program, or transfer into its Redwood Investments portfolio.
20GF Score

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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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