Ready Capital (RC) Price to Earnings (2013 - 2024)
Ready Capital's (RC) Price to Earnings was 7.01 for Q1 2024, down 1.7% from 7.13 a year earlier but up 31.6% from the prior quarter.
Analysis
Ready Capital (RC) Price to Earnings (2013 - 2024) Analysis & Trends
For FY2023, Price to Earnings at Ready Capital was 5.33, down 19.4% from FY2022.
- Price to Earnings has declined for three consecutive years.
- By year, Price to Earnings came in at 6.61 in FY2022 (-16.2%), 7.89 in FY2021 (-47.7%), 15.09 in FY2020 (+69.9%) and 8.88 in FY2019 (+18.5%).
- Five-year quarterly Price to Earnings spans a low of 4.23 in Q2 2023 and a high of 29.44 in Q2 2020.
- Year over year, Price to Earnings gained in two of the last eight quarters, with an average decline of 17.3%.
- The high point for year-over-year Price to Earnings in five years was Q2 2020 (growth of 196.0%); the low point was Q2 2021 (a decline of 67.1%).
- Per Business Quant data, the three quarters before Q1 2024 came in at 5.33 (Q4 2023), 5.22 (Q3 2023) and 4.23 (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 44.95 Bn | 30.63 Bn | - |
| 2 | Orix | 41.97 Bn | 42.47 Bn | - |
| 3 | Royalty Pharma | 33.14 Bn | 33.05 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.99 Bn | 24.99 Bn | - |
| 5 | Affirm Holdings | 23.75 Bn | 17.44 Bn | - |
| 6 | Synchrony Financial | 23.25 Bn | -44.72 Bn | - |
| 7 | Royal Gold | 19.67 Bn | 18.90 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.04 Bn | 5.13 Bn | - |
| 9 | Ares Capital | 13.76 Bn | 11.19 Bn | - |
| 10 | Ready Capital | 180.08 Mn | -499.85 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 7.01 |
| Dec 31, 2023 | 5.33 |
| Sep 30, 2023 | 5.22 |
| Jun 30, 2023 | 4.23 |
| Mar 31, 2023 | 7.13 |
| Dec 31, 2022 | 6.61 |
| Sep 30, 2022 | 5.07 |
| Jun 30, 2022 | 6.47 |
| Mar 31, 2022 | 6.89 |
| Dec 31, 2021 | 7.89 |
| Sep 30, 2021 | 8.36 |
| Jun 30, 2021 | 9.69 |
| Mar 31, 2021 | 6.18 |
| Dec 31, 2020 | 15.09 |
| Sep 30, 2020 | 15.81 |
| Jun 30, 2020 | 29.44 |
| Dec 31, 2019 | 8.88 |
| Sep 30, 2019 | 11.46 |
| Jun 30, 2019 | 9.95 |
| Mar 31, 2019 | 6.74 |
API Access
Ready Capital Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=RC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "RC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();