LADR (Ladder Capital) PE Ratio (TTM): 22.82 (As of Jul. 18, 2026) — 68% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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.

LADR Ladder Capital Corp LADR
55 GF Score
Price $10.04
GF Value $10.65
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Ladder Capital PE Ratio (TTM)?

Ladder Capital LADR -1.28% 55 PE Ratio (TTM) is 22.82 as of Jul. 18, 2026, which is 68% above its 10-year median of 13.56. GuruFocus rates LADR with a GF Score™ of 55/100 and a GF Value™ of $10.65 (Fairly Valued). The stock has 6 warning signs investors should review. Among 745 REITs companies, Ladder Capital ranks worse than 74.5% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-18), Ladder Capital's share price is $10.04. Ladder Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.44. Therefore, Ladder Capital's PE Ratio (TTM) for today is 22.82.

Warning Sign:

Ladder Capital Corp stock PE Ratio (=22.82) is close to 3-year high of 23.59.


The historical rank and industry rank for Ladder Capital's PE Ratio (TTM) or its related term are showing as below:

LADR' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 3.92   Med: 13.56   Max: 102.5
Current: 22.82


During the past 13 years, the highest PE Ratio (TTM) of Ladder Capital was 102.50. The lowest was 3.92. And the median was 13.56.


LADR's PE Ratio (TTM) is ranked worse than
74.5% of 745 companies
in the REITs industry
Industry Median: 13.37 vs LADR: 22.82

Ladder Capital's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $0.02. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.44.

As of today (2026-07-18), Ladder Capital's share price is $10.04. Ladder Capital's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $0.48. Therefore, Ladder Capital's PE Ratio without NRI for today is 20.87.

During the past 13 years, Ladder Capital's highest PE Ratio without NRI was 637.78. The lowest was 2.31. And the median was 14.32.

Ladder Capital's EPS without NRI for the three months ended in Mar. 2026 was $0.02. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $0.48.

During the past 12 months, Ladder Capital's average EPS without NRI Growth Rate was -22.40% per year. During the past 3 years, the average EPS without NRI Growth Rate was 54.20% per year.

During the past 13 years, Ladder Capital's highest 3-Year average EPS without NRI Growth Rate was 54.20% per year. The lowest was -47.70% per year. And the median was 2.60% per year.

Ladder Capital's EPS (Basic) for the three months ended in Mar. 2026 was $0.02. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.44.


Ladder Capital  (NYSE:LADR) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

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

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items 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 (TTM).


Ladder Capital PE Ratio (TTM) Related Terms


Ladder Capital PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Ladder Capital's PE Ratio (TTM) 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.

Ladder Capital PE Ratio (TTM) Chart

Ladder Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.64 8.88 14.21 13.01 21.55

Ladder Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio (TTM) 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 13.91 15.36 17.32 21.55 22.20

LADR vs TWO, ORC, ARI: PE Ratio (TTM) Comparison

For the REIT - Mortgage subindustry, Ladder Capital's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Ladder Capital PE Ratio (TTM) vs REITs Industry

For the REITs industry and Real Estate sector, Ladder Capital's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Ladder Capital's PE Ratio (TTM) falls into.


LADR
55GF Score
Ladder Capital Corp LADR
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ladder Capital PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Ladder Capital's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=10.04/0.440
=22.82

Ladder Capital's Share Price of today is $10.04.
Ladder Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.44.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 22.82 mean?
Ladder Capital (LADR) has a PE Ratio (TTM) of 22.82 as of Jul. 18, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Ladder Capital and its competitors. This is 68% above median its historical median of 13.56. Over the past decade, Ladder Capital's PE Ratio (TTM) has ranged from 3.92 to 102.50. According to the industry distribution chart, Ladder Capital ranks #555 out of 745 companies in the REITs industry, placing it in the top 74.5%.
Is Ladder Capital's PE Ratio (TTM) too high?
Ladder Capital's current PE Ratio (TTM) of 22.82 is 68% above median its 10-year median of 13.56. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 102.50. The REITs industry median PE Ratio (TTM) is 13.37. Ladder Capital's value of 22.82 is 70.7% above this industry median. Based on the distribution chart, Ladder Capital ranks #555 out of 745 companies in the REITs industry, which is below the industry midpoint. Overall, Ladder Capital has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ladder Capital's PE Ratio (TTM) compare to TWO and ORC?
According to the REITs industry distribution chart, Ladder Capital ranks #555 out of 745 companies for PE Ratio (TTM). This places Ladder Capital in the lower half of its industry. The industry median PE Ratio (TTM) is 13.37. Ladder Capital's value of 22.82 is 70.7% above this benchmark. Historically, Ladder Capital's own PE Ratio (TTM) has ranged from 3.92 to 102.50 over the past decade. While the company's 10-year median is 13.56 vs. the industry median of 13.37, Ladder Capital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for a REITs company?
The median PE Ratio (TTM) among REITs companies is 13.37, based on 745 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ladder Capital's current PE Ratio (TTM) of 22.82 is 70.7% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Ladder Capital and its competitors. For the REITs industry, the median PE Ratio (TTM) is 13.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ladder Capital's current PE Ratio (TTM) is 22.82, which is 68% above median its own 10-year median of 13.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ladder Capital stock overvalued right now?
Based on GuruFocus' analysis, Ladder Capital (LADR) is currently considered Fairly Valued. The stock's GF Value™ is $10.65, compared to a current price of $10.04 — trading 5.7% below its estimated fair value. The current PE Ratio (TTM) is 22.82, which is 68% above median its 10-year median of 13.56 and 70.7% above the REITs industry median of 13.37. Ladder Capital's overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Ladder Capital (LADR), the current PE Ratio (TTM) is 22.82 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.

Is Ladder Capital (LADR) Overvalued in 2026?

Based on GuruFocus' analysis, Ladder Capital stock appears to be undervalued. The current stock price of $10.04 is trading 5.7% below its estimated GF Value™ of $10.65. GuruFocus considers Ladder Capital to be Fairly Valued.

Key valuation signals for LADR:

  • PE Ratio (TTM): 22.82 (68% above median its 10-year median of 13.56)
  • GF Value™: $10.65 vs. price of $10.04 (5.7% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 70.7% above the REITs median (#555 of 745)

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


Ladder Capital Business Description

Industry Real EstateREITs
Other Exchanges 0JSZ:UKLD1A:Germany
Address 320 Park Avenue, 15th Floor, New York, NY, USA, 10022
Ladder Capital Corp is an internally-managed real estate investment trust that is in commercial real estate finance. The company originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. The company's investment activities include: (i) Primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) owning and operating commercial real estate, including net leased commercial properties; and (iii) investing in investment-grade securities secured by first mortgage loans on commercial real estate. The company has three reportable segments: Loans, which derive maximum revenue; Securities; and Real Estate.
55GF Score

Get the complete analysis for LADR

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

$10.04
Price
$10.65
GF Value