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Ready Capital (Ready Capital) Price-to-Owner-Earnings : 5.06 (As of Apr. 25, 2024)


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What is Ready Capital Price-to-Owner-Earnings?

As of today (2024-04-25), Ready Capital's share price is $8.70. Ready Capital's Owner Earnings per Share (TTM) ended in Dec. 2023 was $1.72. It's Price-to-Owner-Earnings for today is 5.06.


The historical rank and industry rank for Ready Capital's Price-to-Owner-Earnings or its related term are showing as below:

RC' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 3.01   Med: 6.66   Max: 25.04
Current: 5.1

During the past 13 years, the highest Price-to-Owner-Earnings of Ready Capital was 25.04. The lowest was 3.01. And the median was 6.66.


RC's Price-to-Owner-Earnings is ranked better than
82.14% of 252 companies
in the REITs industry
Industry Median: 14.56 vs RC: 5.10

As of today (2024-04-25), Ready Capital's share price is $8.70. Ready Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.34. Therefore, Ready Capital's PE Ratio for today is 3.72.

As of today (2024-04-25), Ready Capital's share price is $8.70. Ready Capital's EPS without NRI for the trailing twelve months (TTM) ended in was $1.01. Therefore, Ready Capital's PE Ratio without NRI for today is 8.59.

During the past 13 years, Ready Capital's highest PE Ratio without NRI was 63.93. The lowest was 3.97. And the median was 9.22.


Ready Capital Price-to-Owner-Earnings Historical Data

The historical data trend for Ready Capital's Price-to-Owner-Earnings 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.

Ready Capital Price-to-Owner-Earnings Chart

Ready Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.86 5.88 8.91 7.72 5.96

Ready Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.72 - - - 5.96

Competitive Comparison of Ready Capital's Price-to-Owner-Earnings

For the REIT - Mortgage subindustry, Ready Capital's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Ready Capital's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ready Capital's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Ready Capital's Price-to-Owner-Earnings falls into.



Ready Capital Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Ready Capital's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=8.70/1.72
=5.06

* 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.


Ready Capital  (NYSE:RC) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Ready Capital Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Ready Capital's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Ready Capital (Ready Capital) Business Description

Traded in Other Exchanges
Address
1251 Avenue of the Americas, 50th Floor, New York, NY, USA, 10020
Ready Capital Corp is a real estate finance company. It acquires, manages, originates, and finances small-balance commercial loans to purchase small multi-family, office, retail, mixed-use, or warehouse properties. The company's segments consist of SBC Lending and Acquisitions, Small Business Lending, and Residential Mortgage Banking. Its objective is to provide attractive risk-adjusted returns through dividends and through capital appreciation.
Executives
Thomas E Capasse director, officer: Chairman of the Board and CEO SUTHERLAND ASSET MANAGEMENT CORPORATION, 1185 AVENUE OF THE AMERICAS, 18TH FLOOR, NEW YORK NY 10036
Pinkie Dent Mayfield director 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Daniel J. Hirsch director 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Kevin M Luebbers director 850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Gilbert E Nathan director C/O EMERGENT CAPITAL, INC., 5355 TOWN CENTER ROAD, SUITE 701, BOCA RATON FL 33486
Dominique Mielle director C/O ANWORTH MORTGAGE ASSET CORPORATION, 1299 OCEAN AVENUE, SECOND FLOOR, SANTA MONICA CA 90401
Meredith Marshall director 50 RIVERSIDE BLVD, APT 14C, NEW YORK NY 10069
Andrew Ahlborn officer: Chief Financial Officer C/O READY CAPITAL CORPORATION, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036
Erving Julius W Ii director DR J ENTERPRISES LLC, 3355 LENOX ROAD NE SUITE 750, ATLANTA GA 30326
Andrea Petro director C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FL., NEW YORK NY 10020
Adam Zausmer officer: Chief Credit Officer C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FLOOR, NEW YORK NY 10020
Gary Taylor officer: Chief Operating Officer C/O READY CAPITAL CORPORATION, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036
J Mitchell Reese director 210 MONTEREY DR. S., VERO BEACH FL 32963
Todd M. Sinai director C/O SUTHERLAND ASSET MANAGEMENT CORP, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036
Thomas Buttacavoli officer: Chief Investment Officer C/O SUTHERLAND ASSET MANAGEMENT CORP., 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036