Shares of Cypress Sharpridge Investments Rank the Lowest in Terms of P/E Ratio in the Mortgage REITs Industry (CYS, NYMT, TWO, ANH, ABR)
Below are the three companies in the Mortgage REITs industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.
Cypress Sharpridge Investments ranks lowest with a a P/E ratio of 4.66. New York Mortgage Trust is next with a a P/E ratio of 5.44. Two Harbors Investment Corp ranks third lowest with a a P/E ratio of 5.83.
Anworth Mortgage Asset follows with a a P/E ratio of 6.05, and Arbor Realty Trust rounds out the bottom five with a a P/E ratio of 6.76.
SmarTrend recommended that subscribers consider buying shares of Cypress Sharpridge Investments on February 3rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $7.05. Since that recommendation, shares of Cypress Sharpridge Investments have risen 14.8%. We continue to monitor Cypress Sharpridge Investments for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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