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AG Mortgage Investment Trust (AG Mortgage Investment Trust) Shiller PE Ratio : 42.62 (As of May. 01, 2024)


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What is AG Mortgage Investment Trust Shiller PE Ratio?

As of today (2024-05-01), AG Mortgage Investment Trust's current share price is $5.54. AG Mortgage Investment Trust's E10 for the quarter that ended in Dec. 2023 was $0.13. AG Mortgage Investment Trust's Shiller PE Ratio for today is 42.62.

The historical rank and industry rank for AG Mortgage Investment Trust's Shiller PE Ratio or its related term are showing as below:

MITT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.54   Med: 5.79   Max: 50.08
Current: 42.62

During the past years, AG Mortgage Investment Trust's highest Shiller PE Ratio was 50.08. The lowest was 3.54. And the median was 5.79.

MITT's Shiller PE Ratio is ranked worse than
91.05% of 447 companies
in the REITs industry
Industry Median: 11.27 vs MITT: 42.62

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.

AG Mortgage Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AG Mortgage Investment Trust Shiller PE Ratio Historical Data

The historical data trend for AG Mortgage Investment Trust's Shiller PE 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.

* Premium members only.

AG Mortgage Investment Trust Shiller PE Ratio Chart

AG Mortgage Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.72 - 48.58

AG 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
Shiller PE 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 Premium Member Only Premium Member Only - - 23.90 29.24 48.58

Competitive Comparison of AG Mortgage Investment Trust's Shiller PE Ratio

For the REIT - Mortgage subindustry, AG Mortgage Investment Trust'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.


AG Mortgage Investment Trust's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AG Mortgage Investment Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AG Mortgage Investment Trust's Shiller PE Ratio falls into.



AG Mortgage Investment Trust 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.

AG Mortgage Investment Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.54/0.13
=42.62

* 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.

AG Mortgage Investment Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, AG Mortgage Investment Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.35/129.4194*129.4194
=1.350

Current CPI (Dec. 2023) = 129.4194.

AG Mortgage Investment Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 2.940 99.695 3.817
201406 3.990 100.560 5.135
201409 2.010 100.428 2.590
201412 1.170 99.070 1.528
201503 0.990 99.621 1.286
201506 -0.150 100.684 -0.193
201509 -0.390 100.392 -0.503
201512 -0.420 99.792 -0.545
201603 -0.630 100.470 -0.812
201606 1.890 101.688 2.405
201609 4.620 101.861 5.870
201612 -0.480 101.863 -0.610
201703 2.340 102.862 2.944
201706 3.210 103.349 4.020
201709 3.510 104.136 4.362
201712 2.220 104.011 2.762
201803 0.510 105.290 0.627
201806 0.510 106.317 0.621
201809 2.100 106.507 2.552
201812 -4.350 105.998 -5.311
201903 2.520 107.251 3.041
201906 1.410 108.070 1.689
201909 0.570 108.329 0.681
201912 2.700 108.420 3.223
202003 -44.940 108.902 -53.407
202006 -0.240 108.767 -0.286
202009 1.310 109.815 1.544
202012 6.300 109.897 7.419
202103 2.740 111.754 3.173
202106 0.700 114.631 0.790
202109 1.870 115.734 2.091
202112 0.330 117.630 0.363
202203 -0.740 121.301 -0.790
202206 -2.270 125.017 -2.350
202209 -0.330 125.227 -0.341
202212 0.330 125.222 0.341
202303 0.380 127.348 0.386
202306 0.170 128.729 0.171
202309 -0.330 129.860 -0.329
202312 1.350 129.419 1.350

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.


AG Mortgage Investment Trust  (NYSE:MITT) 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.


AG Mortgage Investment Trust Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of AG Mortgage Investment Trust's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AG Mortgage Investment Trust (AG Mortgage Investment Trust) Business Description

Traded in Other Exchanges
Address
245 Park Avenue, 26th Floor, New York, NY, USA, 10167
AG Mortgage Investment Trust Inc is a real estate investment trust (REIT). It focuses on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities, and financial assets, which the company refers to as its target assets. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise.
Executives
Matthew Jozoff director C/O AG MORTGAGE INVESTMENT TRUST, INC., 245 PARK AVENUE, FL. 26, NEW YORK NY 10167
Joseph Lamanna director 226 NORTH LINCOLN STREET, HINSDALE IL 60521
David N Roberts director, officer: Chief Executive Officer 245 PARK AVE 26TH FL, C/O ANGELO GRODON & CO, NEW YORK NY 10167
Nicholas P Smith officer: Chief Investment Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENEUE, 26TH FL., NEW YORK NY 10167
Jenny B Neslin officer: General Counsel & Secretary C/O NORTHSTAR ASSET MANAGEMENT GROUP, 399 PARK AVENUE 18TH FLOOR, NEW YORK NY 10022
Anthony William Rossiello officer: Chief Financial Officer 245 PARK AVENUE 26TH FLOOR, C/O ANGELO, GORDON & CO., L.P., NEW YORK NY 10167
Dianne Hurley director 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Thomas Durkin director, officer: Chief Investment Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Alison Halpern officer: Chief Accounting Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Brian Chad Sigman officer: Chief Financial Officer 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Debra Ann Hess director C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Andrew L Berger director 860 UNITED NATIONS PLAZA, #15G, NEW YORK NY 10017
Arthur S Ainsberg director C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Peter Linneman director 1696 N E MIAMI GARDENS DR, N MIAMI BEACH FL 33179
Raul Enrique Moreno officer: General Counsel and Secretary C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167