Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). PennyMac Mortgage Investment Trust's share price for the quarter that ended in Dec. 2023 was $14.95. PennyMac Mortgage Investment Trust's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 86.6 Mil. Therefore, PennyMac Mortgage Investment Trust's market cap for the quarter that ended in Dec. 2023 was $1,295.0 Mil.
PennyMac Mortgage Investment Trust's quarterly market cap
declined
from Jun. 2023 ($1,169.5 Mil) to Sep. 2023 ($1,075.8 Mil) but then
increased
from Sep. 2023 ($1,075.8 Mil) to Dec. 2023 ($1,295.0 Mil).
PennyMac Mortgage Investment Trust's annual market cap
declined
from Dec. 2021 ($1,644.6 Mil) to Dec. 2022 ($1,101.3 Mil) but then
increased
from Dec. 2022 ($1,101.3 Mil) to Dec. 2023 ($1,295.0 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. PennyMac Mortgage Investment Trust's Enterprise Value for Today is $5,045.0 Mil.
PennyMac Mortgage Investment Trust Market Cap Historical Data
The historical data trend for PennyMac Mortgage Investment Trust's Market Cap 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.
* Premium members only.
PennyMac Mortgage Investment Trust Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
2,233.06
1,721.40
1,644.57
1,101.33
1,295.03
PennyMac Mortgage Investment Trust Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
1,101.33
1,089.79
1,169.53
1,075.83
1,295.03
Competitive Comparison
For the REIT - Mortgage subindustry, PennyMac Mortgage Investment Trust's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution
For the REITs industry and Real Estate sector, PennyMac Mortgage Investment Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where PennyMac Mortgage Investment Trust's Market Cap falls into.
PennyMac Mortgage Investment Trust Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
PennyMac Mortgage Investment Trust's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:PMT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
PennyMac Mortgage Investment Trust Market Cap Related Terms
Thank you for viewing the detailed overview of PennyMac Mortgage Investment Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
PennyMac Mortgage Investment Trust (PennyMac Mortgage Investment Trust) Business Description
PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. The company's operations include activities such as production and servicing of financial securities based on residential loans and pooling and reselling of high-credit-quality mortgages. The company operates through four segments: correspondent production, credit-sensitive strategies, interest-rate-sensitive strategies, and corporate activities. The correspondent production segment, which generates income via purchasing, pooling, and reselling of loans or mortgage-backed securities accounts for roughly half of the company's income.
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