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Velocity Financial (Velocity Financial) Price-to-Owner-Earnings : 8.14 (As of Apr. 29, 2024)


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What is Velocity Financial Price-to-Owner-Earnings?

As of today (2024-04-29), Velocity Financial's share price is $17.01. Velocity Financial's Owner Earnings per Share (TTM) ended in Dec. 2023 was $2.09. It's Price-to-Owner-Earnings for today is 8.14.


The historical rank and industry rank for Velocity Financial's Price-to-Owner-Earnings or its related term are showing as below:

VEL' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 5.62   Med: 8.62   Max: 27.47
Current: 8.15

During the past 8 years, the highest Price-to-Owner-Earnings of Velocity Financial was 27.47. The lowest was 5.62. And the median was 8.62.


VEL's Price-to-Owner-Earnings is ranked worse than
53.44% of 945 companies
in the Banks industry
Industry Median: 7.77 vs VEL: 8.15

As of today (2024-04-29), Velocity Financial's share price is $17.01. Velocity Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.52. Therefore, Velocity Financial's PE Ratio for today is 11.19.

As of today (2024-04-29), Velocity Financial's share price is $17.01. Velocity Financial's EPS without NRI for the trailing twelve months (TTM) ended in was $1.52. Therefore, Velocity Financial's PE Ratio without NRI for today is 11.19.

During the past 8 years, Velocity Financial's highest PE Ratio without NRI was 17.00. The lowest was 2.72. And the median was 11.04.


Velocity Financial Price-to-Owner-Earnings Historical Data

The historical data trend for Velocity Financial's Price-to-Owner-Earnings 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.

Velocity Financial Price-to-Owner-Earnings Chart

Velocity Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial - - - 12.23 8.25

Velocity Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings 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 12.23 10.10 6.45 5.78 8.25

Competitive Comparison of Velocity Financial's Price-to-Owner-Earnings

For the Mortgage Finance subindustry, Velocity Financial's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Velocity Financial's Price-to-Owner-Earnings Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Velocity Financial's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Velocity Financial's Price-to-Owner-Earnings falls into.



Velocity Financial Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Velocity Financial's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=17.01/2.09
=8.14

* 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.


Velocity Financial  (NYSE:VEL) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Velocity Financial Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Velocity Financial's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Velocity Financial (Velocity Financial) Business Description

Traded in Other Exchanges
N/A
Address
30699 Russell Ranch Road, Suite 295, Westlake Village, CA, USA, 91362
Velocity Financial Inc is a United States-based real estate finance company. The company primarily originates and manages investor loans secured by 1-4 unit residential rental and small commercial properties. The company earns revenue in the form of interest income. It operates in New York, California, Florida, New Jersey, and other states.
Executives
Omar Maasarani director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
John Pitstick director 30699 RUSSELL RANCH ROAD, SUITE 250, WESTLAKE VILLAGE CA 91362
Fiona Tam officer: Chief Accounting Officer 30699 RUSSELL RANCH RD, STE. 295, WESTLAKE VILLAGE CA 91362
Lvs Iii Holding Lp director, 10 percent owner C/O PACIFIC INVESTMENT MGMT. COMPANY LLC, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92600
Tobi Iii Spe I Llc director, 10 percent owner C/O PACIFIC INVESTMENT MGMT. COMPANY LLC, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92600
Pacific Investment Management Co Llc director, 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Katherine Verner director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Michael Chiao director 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92600
Roland Thomas Kelly officer: General Counsel 1551 CALLE PATRICIA, PACIFIC PALISADES CA 90272
Jeffrey T. Taylor officer: See Remarks 30699 RUSSELL RANCH ROAD, SUITE 295, WESTLAKE VILLAGE CA 91362
Christopher D. Farrar director, officer: Chief Executive Officer 30699 RUSSELL RANCH ROAD, SUITE 295, WESTLAKE VILLAGE CA 91362
Dorika M Beckett director 30699 RUSSELL RANCH ROAD, SUITE 295, WESTLAKE VILLAGE CA 91362
Mark R Szczepaniak officer: Chief Financial Officer C/O VELOCITY FINANCIAL, 30699 RUSSELL RANCH ROAD, SUITE 295, WESTLAKE VILLAGE CA 91362
Christopher J Oltmann officer: Chief Accounting Officer C/O VELOCITY FINANCIAL, 30699 RUSSELL RANCH ROAD, SUITE 295, WESTLAKE VILLAGE CA 91362
Graham M Comley officer: See Remarks C/O VELOCITY FINANCIAL, 30699 RUSSELL RANCH ROAD, SUITE 295, WESTLAKE VILLAGE CA 91362

Velocity Financial (Velocity Financial) Headlines

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