Granite Price Earnings Ratio from 2010 to 2024

GPMT Stock  USD 3.28  0.07  2.09%   
Granite Point Price Earnings Ratio yearly trend continues to be comparatively stable with very little volatility. Price Earnings Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Granite Point Price Earnings Ratio quarterly data regression had r-value of (0.85) and coefficient of variation of  126.50. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
(4.85)
Current Value
(4.61)
Quarterly Volatility
K
 
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Yuan Drop
 
Covid
Check Granite Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Point's main balance sheet or income statement drivers, such as Tax Provision of 116.2 K, Interest Expense of 98.9 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.2 or PTB Ratio of 0.34. Granite financial statements analysis is a perfect complement when working with Granite Point Valuation or Volatility modules.
  
Check out the analysis of Granite Point Correlation against competitors.

Latest Granite Point's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Granite Point Mortgage over the last few years. It is Granite Point's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Point's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Slightly volatile
   Price Earnings Ratio   
       Timeline  

Granite Price Earnings Ratio Regression Statistics

Arithmetic Mean2,384
Geometric Mean131.53
Coefficient Of Variation126.50
Mean Deviation2,855
Median14.88
Standard Deviation3,016
Sample Variance9.1M
Range6K
R-Value(0.85)
Mean Square Error2.7M
R-Squared0.73
Significance0.000056
Slope(574.29)
Total Sum of Squares127.3M

Granite Price Earnings Ratio History

2024 -4.61
2023 -4.85
2022 -6.96
2021 9.35
2020 -13.63
2019 13.9
2018 14.88

About Granite Point Financial Statements

Granite Point shareholders use historical fundamental indicators, such as Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Granite Point investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Point's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Point's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Earnings Ratio(4.85)(4.61)

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Additional Tools for Granite Stock Analysis

When running Granite Point's price analysis, check to measure Granite Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.