First Trust Mortgage Income Fund Overview
First Trust Mortgage Income Fund (FMY) has a P/E ratio of 16.27, below the sector sector average of 47.3.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
The latest P/E ratio for FMY is 16.27. That is below the sector sector average of 47.3. Investors often review this figure alongside First Trust Mortgage Income Fund's historical trend and sector peers before judging valuation or financial health.
Against its sector companies, FMY currently prints 16.27 for P/E ratio, while the sector average sits near 47.3. That is roughly 65.6% below the sector mean. Large gaps often invite a closer look at First Trust Mortgage Income Fund's growth, margins, and balance sheet.
A P/E ratio of 16.27 for First Trust Mortgage Income Fund is not 'good' or 'bad' on its own. Compare it with the peer average (47.3) and with FMY's multi-year chart on this page. Persistently elevated multiples need growth or quality to justify them; depressed multiples need a catalyst or evidence the business is misunderstood.
After noting FMY's P/E ratio (16.27), review year-over-year change, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.
