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FNMA's Shiller PE Ratio is ranked worse than 78.79% of 1240
companies
in the Banks industry
Industry Median: 13.99
vs FNMA: 20.67
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Federal National Mortgage Association Fannie Mae's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.30 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Federal National Mortgage Association Fannie Mae (OTCPK:FNMA) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Federal National Mortgage Association Fannie Mae Shiller PE Ratio Related Terms
Federal National Mortgage Association Fannie Mae Shiller PE Ratio Historical Data
* 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.
Federal National Mortgage Association Fannie Mae Shiller PE Ratio Chart
Federal National Mortgage Association Fannie Mae Annual Data
FNMA vs PFSI, FMCC, WD: Shiller PE Ratio Comparison
For the Mortgage Finance subindustry, Federal National Mortgage Association Fannie Mae's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.
Federal National Mortgage Association Fannie Mae Shiller PE Ratio vs Banks Industry
Federal National Mortgage Association Fannie Mae Shiller PE Ratio Calculation
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
Federal National Mortgage Association Fannie Mae (FNMA) has a Shiller PE Ratio of 20.67 as of Aug. 19, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Federal National Mortgage Association Fannie Mae and its competitors. This is 11% below median its historical median of 23.30. Over the past decade, Federal National Mortgage Association Fannie Mae's Shiller PE Ratio has ranged from 16.20 to 36.70. According to the industry distribution chart, Federal National Mortgage Association Fannie Mae ranks #977 out of 1240 companies in the Banks industry, placing it in the top 78.8%.
Is Federal National Mortgage Association Fannie Mae's Shiller PE Ratio too high?
Federal National Mortgage Association Fannie Mae's current Shiller PE Ratio of 20.67 is 11% below median its 10-year median of 23.30. Over the past 10 years, this metric has ranged from a low of 16.20 to a high of 36.70. The Banks industry median Shiller PE Ratio is 13.99. Federal National Mortgage Association Fannie Mae's value of 20.67 is 47.7% above this industry median. Based on the distribution chart, Federal National Mortgage Association Fannie Mae ranks #977 out of 1240 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Federal National Mortgage Association Fannie Mae has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Federal National Mortgage Association Fannie Mae's Shiller PE Ratio compare to PFSI and FMCC?
According to the Banks industry distribution chart, Federal National Mortgage Association Fannie Mae ranks #977 out of 1240 companies for Shiller PE Ratio. This places Federal National Mortgage Association Fannie Mae in the lower half of its industry. The industry median Shiller PE Ratio is 13.99. Federal National Mortgage Association Fannie Mae's value of 20.67 is 47.7% above this benchmark. Historically, Federal National Mortgage Association Fannie Mae's own Shiller PE Ratio has ranged from 16.20 to 36.70 over the past decade. While the company's 10-year median is 23.30 vs. the industry median of 13.99, Federal National Mortgage Association Fannie Mae 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 Shiller PE Ratio for a Banks company?
The median Shiller PE Ratio among Banks companies is 13.99, based on 1,240 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Federal National Mortgage Association Fannie Mae's current Shiller PE Ratio of 20.67 is 47.7% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Federal National Mortgage Association Fannie Mae and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal National Mortgage Association Fannie Mae's current Shiller PE Ratio is 20.67, which is 11% below median its own 10-year median of 23.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal National Mortgage Association Fannie Mae stock overvalued right now?
Based on GuruFocus' analysis, Federal National Mortgage Association Fannie Mae (FNMA) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.54, compared to a current price of $6.20 — trading 11.9% above its estimated fair value. The current Shiller PE Ratio is 20.67, which is 11% below median its 10-year median of 23.30 and 47.7% above the Banks industry median of 13.99. Federal National Mortgage Association Fannie Mae's overall GF Score™ is 55/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Federal National Mortgage Association Fannie Mae (FNMA), the current Shiller PE Ratio is 20.67 as of Aug. 19, 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 Federal National Mortgage Association Fannie Mae (FNMA) Overvalued in 2026?
Based on GuruFocus' analysis, Federal National Mortgage Association Fannie Mae stock appears to be overvalued.
The current stock price of $6.20 is trading 11.9% above its estimated GF Value™ of $5.54.
GuruFocus considers Federal National Mortgage Association Fannie Mae to be Modestly Overvalued.
Key valuation signals for FNMA:
Shiller PE Ratio: 20.67 (11% below median its 10-year median of 23.30)
GF Value™: $5.54 vs. price of $6.20 (11.9% above fair value)
Industry Position: 47.7% above the Banks median (#977 of 1240)
No single metric tells the full story. See the FNMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments namely the Single-Family business that operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units and the Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.
55GF Score
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Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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