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PennyMac Mortgage Investment Trust (FRA:8PM) 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 .
PennyMac Mortgage Investment Trust Forward PE Ratio Related Terms
PennyMac Mortgage Investment Trust Forward PE Ratio Historical Data
* 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.
PennyMac Mortgage Investment Trust Forward PE Ratio Chart
PennyMac Mortgage Investment Trust Annual Data
Trend
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
8.76
9.27
11.03
10.93
7.68
8.61
6.84
12.39
8.41
7.64
PennyMac Mortgage Investment Trust Quarterly Data
2016-03
2016-06
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
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
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
7.05
8.13
8.76
10.76
10.93
9.96
9.27
12.39
20.70
11.52
11.03
11.44
11.26
11.12
10.93
6.13
6.50
7.68
7.68
6.77
7.70
9.10
8.61
9.29
7.30
6.29
6.84
8.52
9.82
9.74
12.39
11.05
11.78
10.44
8.41
8.94
9.92
7.67
7.64
7.46
FRA:8PM vs ARI, ADAM, IVR: Forward PE Ratio Comparison
For the REIT - Mortgage subindustry, PennyMac Mortgage Investment Trust'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.
PennyMac Mortgage Investment Trust Forward PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, PennyMac Mortgage Investment Trust's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where PennyMac Mortgage Investment Trust's Forward PE Ratio falls into.
PennyMac Mortgage Investment Trust Forward PE Ratio Calculation
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.
PennyMac Mortgage Investment Trust (FRA:8PM) has a Forward PE Ratio of 8.31 as of Jul. 28, 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 PennyMac Mortgage Investment Trust and its competitors. According to the industry distribution chart, PennyMac Mortgage Investment Trust ranks #41 out of 459 companies in the REITs industry, placing it in the top 8.9%.
Is PennyMac Mortgage Investment Trust's Forward PE Ratio too high?
PennyMac Mortgage Investment Trust's current Forward PE Ratio is 8.31. The REITs industry median Forward PE Ratio is 16.51. PennyMac Mortgage Investment Trust's value of 8.31 is 49.7% below this industry median. Based on the distribution chart, PennyMac Mortgage Investment Trust ranks #41 out of 459 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, PennyMac Mortgage Investment Trust has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PennyMac Mortgage Investment Trust's Forward PE Ratio compare to ARI and ADAM?
According to the REITs industry distribution chart, PennyMac Mortgage Investment Trust ranks #41 out of 459 companies for Forward PE Ratio. This places PennyMac Mortgage Investment Trust in the top 9% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 16.51. PennyMac Mortgage Investment Trust's value of 8.31 is 49.7% 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 16.51, based on 459 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. PennyMac Mortgage Investment Trust's current Forward PE Ratio of 8.31 is 49.7% 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 PennyMac Mortgage Investment Trust and its competitors. For the REITs industry, the median Forward PE Ratio is 16.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PennyMac Mortgage Investment Trust's current Forward PE Ratio is 8.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PennyMac Mortgage Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, PennyMac Mortgage Investment Trust (FRA:8PM) is currently considered Possible Value Trap. The stock's GF Value™ is €18.23, compared to a current price of €8.48 — trading 53.5% below its estimated fair value. The current Forward PE Ratio is 8.31 and 49.7% below the REITs industry median of 16.51. PennyMac Mortgage Investment Trust's overall GF Score™ is 50/100 with 7 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 PennyMac Mortgage Investment Trust (FRA:8PM), the current Forward PE Ratio is 8.31 as of Jul. 28, 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 PennyMac Mortgage Investment Trust (FRA:8PM) Overvalued in 2026?
Based on GuruFocus' analysis, PennyMac Mortgage Investment Trust stock appears to be undervalued.
The current stock price of €8.48 is trading 53.5% below its estimated GF Value™ of €18.23.
GuruFocus considers PennyMac Mortgage Investment Trust to be Possible Value Trap.
Key valuation signals for FRA:8PM:
Forward PE Ratio: 8.31
GF Value™: €18.23 vs. price of €8.48 (53.5% below fair value)
Industry Position: 49.7% below the REITs median (#41 of 459)
No single metric tells the full story. See the FRA:8PM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PennyMac Mortgage Investment Trust Business Description
PennyMac Mortgage Investment Trust is a specialty finance company that invests mainly in residential mortgage loans and mortgage-related assets. The company's operations include activities such as the production and servicing of financial securities based on residential loans and the pooling and reselling of high-credit-quality mortgages. The company operates through three segments: correspondent production, credit-sensitive strategies, interest-rate-sensitive strategies. The Credit sensitive strategies segment generates income via investments in CRT arrangements, subordinate MBS, distressed loans, and real estate.
50GF Score
Get the complete analysis for FRA:8PM
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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