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Ellington Financial (FRA:1EL) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Ellington Financial Forward PE Ratio Related Terms
Ellington Financial Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Ellington Financial's Forward 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.
Ellington Financial Forward PE Ratio Chart
Ellington Financial Annual Data
Trend
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
9.58
9.51
8.56
6.61
6.81
7.46
7.31
Ellington Financial Quarterly Data
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
9.97
9.58
3.48
7.23
7.63
9.51
8.24
9.43
9.12
8.56
9.16
8.29
6.04
6.61
6.63
7.63
6.61
6.81
7.46
7.82
7.62
7.30
7.31
6.35
7.19
FRA:1EL vs ARR, ORC, TWO: Forward PE Ratio Comparison
For the REIT - Mortgage subindustry, Ellington Financial's Forward PE Ratio, along with its competitors' market caps and Forward 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.
Ellington Financial Forward PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Ellington Financial's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Ellington Financial's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Ellington Financial (FRA:1EL) has a Forward PE Ratio of 7.03 as of Aug. 12, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Ellington Financial and its competitors. According to the industry distribution chart, Ellington Financial ranks #29 out of 457 companies in the REITs industry, placing it in the top 6.3%.
Is Ellington Financial's Forward PE Ratio too high?
Ellington Financial's current Forward PE Ratio is 7.03. The REITs industry median Forward PE Ratio is 16.45. Ellington Financial's value of 7.03 is 57.3% below this industry median. Based on the distribution chart, Ellington Financial ranks #29 out of 457 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Ellington Financial has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ellington Financial's Forward PE Ratio compare to ARR and ORC?
According to the REITs industry distribution chart, Ellington Financial ranks #29 out of 457 companies for Forward PE Ratio. This places Ellington Financial in the top 6% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 16.45. Ellington Financial's value of 7.03 is 57.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a REITs company?
The median Forward PE Ratio among REITs companies is 16.45, based on 457 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ellington Financial's current Forward PE Ratio of 7.03 is 57.3% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Ellington Financial and its competitors. For the REITs industry, the median Forward PE Ratio is 16.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ellington Financial's current Forward PE Ratio is 7.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ellington Financial stock overvalued right now?
Based on GuruFocus' analysis, Ellington Financial (FRA:1EL) is currently considered Fairly Valued. The stock's GF Value™ is €11.76, compared to a current price of €11.75 — trading 0.1% below its estimated fair value. The current Forward PE Ratio is 7.03 and 57.3% below the REITs industry median of 16.45. Ellington Financial's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Ellington Financial (FRA:1EL), the current Forward PE Ratio is 7.03 as of Aug. 12, 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.
Is Ellington Financial (FRA:1EL) Overvalued in 2026?
Based on GuruFocus' analysis, Ellington Financial stock appears to be undervalued.
The current stock price of €11.75 is trading 0.1% below its estimated GF Value™ of €11.76.
GuruFocus considers Ellington Financial to be Fairly Valued.
Key valuation signals for FRA:1EL:
Forward PE Ratio: 7.03
GF Value™: €11.76 vs. price of €11.75 (0.1% below fair value)
Industry Position: 57.3% below the REITs median (#29 of 457)
No single metric tells the full story. See the FRA:1EL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ellington Financial Inc is a specialty finance company. Its primary investment objective is to generate attractive, risk-adjusted total returns for its shareholders by making investments. The company has two reportable segments; The Investment Portfolio Segment is focused on investing in a diverse array of financial assets, including residential and commercial mortgage loans, residential mortgage-backed securities, non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments, and The Longbridge Segment is focused on the origination and servicing of reverse mortgage loans. It acquires reverse mortgage loans both through its origination activities and through secondary market purchases.
68GF Score
Get the complete analysis for FRA:1EL
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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