Ellington Financial Inc
NYSE:EFC
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.7), the stock would be worth $11.14 (15% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.8 | $13.14 |
0%
|
| 3-Year Average | 0.7 | $11.14 |
-15%
|
| 5-Year Average | 0.6 | $9.51 |
-28%
|
| Industry Average | 1.4 | $23.46 |
+79%
|
| Country Average | 2.5 | $40.75 |
+210%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| US |
|
Ellington Financial Inc
NYSE:EFC
|
1.5B USD | 0.8 | 12.5 | |
| US |
N
|
New Residential Investment Corp
LSE:0K76
|
423.2B USD | 50.2 | 746.1 | |
| US |
|
Annaly Capital Management Inc
NYSE:NLY
|
16.6B USD | 1 | 8.2 | |
| US |
|
AGNC Investment Corp
NASDAQ:AGNC
|
12.2B USD | 1 | 8.1 | |
| US |
|
Starwood Property Trust Inc
NYSE:STWD
|
6.7B USD | 1 | 16.8 | |
| US |
|
Rithm Capital Corp
NYSE:RITM
|
5.6B USD | 0.7 | 9.9 | |
| US |
|
Hannon Armstrong Sustainable Infrastructure Capital Inc
NYSE:HASI
|
5.3B USD | 2.1 | 29 | |
| US |
|
Blackstone Mortgage Trust Inc
NYSE:BXMT
|
3.4B USD | 1 | 30.8 | |
| US |
|
Dynex Capital Inc
NYSE:DX
|
2.9B USD | 1 | 12.3 | |
| US |
|
ARMOUR Residential REIT Inc
NYSE:ARR
|
2B USD | 0.9 | 6.3 | |
| US |
|
Apollo Commercial Real Estate Finance Inc
NYSE:ARI
|
1.5B USD | 0.8 | 13.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.5 |
| 70th Percentile | 4.8 |
| Max | 147 580.5 |
Other Multiples
Ellington Financial Inc
Glance View
Ellington Financial Inc. is a company that operates at the intricate crossroads of finance and investment, carving out a niche for itself within the structured and diverse landscape of mortgage and other consumer-related assets. It was established with the vision of meticulously managing risk while seeking to deliver strong returns. The firm is adept at navigating the complexities inherent in residential and commercial mortgage-backed securities, deriving its strategic advantage from the keen insights and analytical prowess of its experienced team. The company utilizes a combination of proprietary models and techniques, including quantitative and qualitative analysis, to identify mispriced securities that can offer attractive risk-adjusted returns. Through its expertise in asset-backed securities, Ellington Financial charts a distinctive path, often venturing into specialized credit sectors, where traditional financial institutions might exhibit caution. This sophisticated dance through the labyrinth of financial products empowers Ellington Financial to generate income primarily through interest earnings. The firm invests in a diversified portfolio of mortgage-related and consumer-loan-related assets, leveraging these investments to capitalize on spreads between the returns on its assets and the cost of its liabilities. Furthermore, Ellington Financial practices strategic hedging to manage potential risks associated with interest rate volatility and credit risks, preserving the robustness of its investment outcomes. This focus on strategic risk management coupled with deep market insights enables Ellington Financial to sustain a resilient business model, continually adapting to an ever-evolving economic landscape while aiming to provide consistent value to its shareholders.