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Annaly Capital Management (FRA:AAYA) 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 .
Annaly Capital Management Forward PE Ratio Related Terms
Annaly Capital Management 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.
Annaly Capital Management Forward PE Ratio Chart
Annaly Capital Management Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
9.47
10.94
10.19
8.66
9.06
7.83
7.32
5.76
6.84
7.07
7.61
Annaly Capital Management Quarterly Data
2015-12
2016-03
2016-06
2016-09
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
9.47
10.80
10.98
12.35
10.94
9.80
10.29
10.37
10.19
9.05
8.87
8.74
8.66
8.31
8.31
8.19
9.06
5.45
7.43
6.75
7.83
8.10
8.24
8.33
7.32
6.76
6.17
4.53
5.76
5.82
6.48
6.44
6.84
7.50
7.17
7.46
7.07
7.05
6.51
6.94
7.61
7.06
FRA:AAYA vs AGNC, STWD, RITM: Forward PE Ratio Comparison
For the REIT - Mortgage subindustry, Annaly Capital Management'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.
Annaly Capital Management Forward PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Annaly Capital Management's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Annaly Capital Management's Forward PE Ratio falls into.
Annaly Capital Management 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.
Annaly Capital Management (FRA:AAYA) has a Forward PE Ratio of 7.70 as of Jul. 18, 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 Annaly Capital Management and its competitors. According to the industry distribution chart, Annaly Capital Management ranks #36 out of 461 companies in the REITs industry, placing it in the top 7.8%.
Is Annaly Capital Management's Forward PE Ratio too high?
Annaly Capital Management's current Forward PE Ratio is 7.70. The REITs industry median Forward PE Ratio is 16.39. Annaly Capital Management's value of 7.70 is 53% below this industry median. Based on the distribution chart, Annaly Capital Management ranks #36 out of 461 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Annaly Capital Management has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Annaly Capital Management's Forward PE Ratio compare to AGNC and STWD?
According to the REITs industry distribution chart, Annaly Capital Management ranks #36 out of 461 companies for Forward PE Ratio. This places Annaly Capital Management in the top 8% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 16.39. Annaly Capital Management's value of 7.70 is 53% 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 16.39, based on 461 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. Annaly Capital Management's current Forward PE Ratio of 7.70 is 53% 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 Annaly Capital Management and its competitors. For the REITs industry, the median Forward PE Ratio is 16.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Annaly Capital Management's current Forward PE Ratio is 7.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Annaly Capital Management stock overvalued right now?
Annaly Capital Management (FRA:AAYA) has a current Forward PE Ratio of 7.70. The current Forward PE Ratio is 7.70 and 53% below the REITs industry median of 16.39. Annaly Capital Management's overall GF Score™ is 24/100 with 9 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 Annaly Capital Management (FRA:AAYA), the current Forward PE Ratio is 7.70 as of Jul. 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.
Annaly Capital Management Inc is an American mortgage real estate investment trust. Its business objective is to generate net income for distribution to its stockholders and optimize its returns through prudent management of its diversified investment strategies. The company's reportable operating segments are: the Agency segment, which invests in Agency mortgage-backed securities collateralized by residential mortgages; the Residential Credit segment, which invests in non-Agency residential whole loans and securitized products within the residential and commercial markets; the Mortgage Servicing Rights segment; and Corporate & Other. Maximum revenue for the company is generated from its Agency segment.
24GF Score
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