FMY (First Trust Mortgageome Fund) PEG Ratio: N/A (As of Sep. 07, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FMY First Trust Mortgage Income Fund FMY
54 GF Score
Price $11.43
GF Value $11.71
Valuation Fairly Valued
! 5 Warning Signs
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What is First Trust Mortgageome Fund PEG Ratio?

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, First Trust Mortgageome Fund's PE Ratio without NRI is 16.21. First Trust Mortgageome Fund's 5-Year Book Value growth rate is -2.50%. Therefore, First Trust Mortgageome Fund's PEG Ratio for today is N/A.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for First Trust Mortgageome Fund's PEG Ratio or its related term are showing as below:



FMY's PEG Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.49
* Ranked among companies with meaningful PEG Ratio only.

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


First Trust Mortgageome Fund  (NYSE:FMY) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


First Trust Mortgageome Fund PEG Ratio Related Terms


First Trust Mortgageome Fund PEG Ratio Historical Data

* Premium members only.

The historical data trend for First Trust Mortgageome Fund's PEG 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.

First Trust Mortgageome Fund PEG Ratio Chart

First Trust Mortgageome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

First Trust Mortgageome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
PEG Ratio 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 0.00 0.00 0.00 0.00 0.00

FMY vs OFS, SDEV, MGLD: PEG Ratio Comparison

For the Asset Management subindustry, First Trust Mortgageome Fund's PEG Ratio, along with its competitors' market caps and PEG 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.


First Trust Mortgageome Fund PEG Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Mortgageome Fund's PEG Ratio distribution charts can be found below:

* The bar in red indicates where First Trust Mortgageome Fund's PEG Ratio falls into.


FMY
54GF Score
First Trust Mortgage Income Fund FMY
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Trust Mortgageome Fund PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

First Trust Mortgageome Fund's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=16.212907801418/-2.50
=N/A

* 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.

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Is First Trust Mortgageome Fund (FMY) Overvalued in 2026?

Based on GuruFocus' analysis, First Trust Mortgageome Fund stock appears to be undervalued. The current stock price of $11.43 is trading 2.4% below its estimated GF Value™ of $11.71. GuruFocus considers First Trust Mortgageome Fund to be Fairly Valued.

Key valuation signals for FMY:

  • PEG Ratio: N/A
  • GF Value™: $11.71 vs. price of $11.43 (2.4% below fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the FMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Trust Mortgageome Fund Business Description

Address 120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Mortgage Income Fund is a United States-based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income. Its secondary investment objective is to preserve capital. The fund pursues its objectives by investing predominantly in mortgage-backed securities representing part ownership in a pool of either residential or commercial mortgage loans that, in the opinion of the Fund's investment advisor, offer an attractive combination of credit quality, yield, and maturity.
54GF Score

Get the complete analysis for FMY

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.43
Price
$11.71
GF Value