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RocketRKT +3.38%68 Forward PE Ratio is 19.96 as of Jul. 14, 2026. GuruFocus rates RKT with a GF Score™ of 68/100 and a GF Value™ of $14.38 (Fairly Valued). The stock has 3 warning signs investors should review. Among 818 Banks companies, Rocket ranks worse than 95.11% on this metric.
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 .
Rocket Forward PE Ratio Related Terms
Rocket Forward PE Ratio Historical Data
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The historical data trend for Rocket'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.
Rocket Forward PE Ratio Chart
Rocket Annual Data
Trend
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
10.67
9.63
833.33
62.89
18.81
24.38
Rocket Quarterly Data
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
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
13.12
10.67
8.98
9.32
11.96
9.63
9.63
17.99
12.90
833.33
1,111.11
24.04
62.89
49.51
57.14
36.10
18.81
28.26
44.72
29.38
24.38
16.47
RKT vs FNMA, PFSI, FMCC: Forward PE Ratio Comparison
For the Mortgage Finance subindustry, Rocket'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.
Rocket Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Rocket's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Rocket'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.
Rocket (RKT) has a Forward PE Ratio of 19.96 as of Jul. 14, 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 Rocket and its competitors. According to the industry distribution chart, Rocket ranks #778 out of 818 companies in the Banks industry, placing it in the top 95.1%.
Is Rocket's Forward PE Ratio too high?
Rocket's current Forward PE Ratio is 19.96. The Banks industry median Forward PE Ratio is 11.12. Rocket's value of 19.96 is 79.5% above this industry median. Based on the distribution chart, Rocket ranks #778 out of 818 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Rocket has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rocket's Forward PE Ratio compare to FNMA and PFSI?
According to the Banks industry distribution chart, Rocket ranks #778 out of 818 companies for Forward PE Ratio. This places Rocket in the lower half of its industry. The industry median Forward PE Ratio is 11.12. Rocket's value of 19.96 is 79.5% above 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 Banks company?
The median Forward PE Ratio among Banks companies is 11.12, based on 818 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. Rocket's current Forward PE Ratio of 19.96 is 79.5% above 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 Rocket and its competitors. For the Banks industry, the median Forward PE Ratio is 11.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rocket's current Forward PE Ratio is 19.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocket stock overvalued right now?
Based on GuruFocus' analysis, Rocket (RKT) is currently considered Fairly Valued. The stock's GF Value™ is $14.38, compared to a current price of $14.38 — trading right at its estimated fair value. The current Forward PE Ratio is 19.96 and 79.5% above the Banks industry median of 11.12. Rocket's overall GF Score™ is 68/100 with 3 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 Rocket (RKT), the current Forward PE Ratio is 19.96 as of Jul. 14, 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 Rocket (RKT) Overvalued in 2026?
Based on GuruFocus' analysis, Rocket stock appears to be undervalued.
The current stock price of $14.38 is trading 0% below its estimated GF Value™ of $14.38.
GuruFocus considers Rocket to be Fairly Valued.
Key valuation signals for RKT:
Forward PE Ratio: 19.96
GF Value™: $14.38 vs. price of $14.38 (0% below fair value)
Industry Position: 79.5% above the Banks median (#778 of 818)
No single metric tells the full story. See the RKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company's mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company's lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket's origination process to offer loans to their customers. The company has rapidly gained market share in recent years and will also be the largest mortgage servicer in the US following its acquisition of the Mr. Cooper Group.
68GF Score
Get the complete analysis for RKT
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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