Rocket Companies Historical PE Ratio image   This RKT PE ratio history page last updated 3/11/2024
Rocket Companies Historical PE Ratio Chart
PeriodPriceAdj. EPSAnnualizedPE
Q4 2023
2/22/2024
10.980.000.00NA
Q3 2023
11/2/2023
8.100.000.00NA
Q2 2023
8/3/2023
10.12-0.02-0.08NA
Q1 2023
5/4/2023
8.70-0.06-0.24NA
Q4 2022
2/28/2023
7.86-0.10-0.40NA
Q3 2022
11/3/2022
6.51-0.08-0.32NA
Q2 2022
8/4/2022
10.29-0.03-0.12NA
Q1 2022
5/10/2022
7.810.150.6013.0
Q4 2021
2/24/2022
11.560.321.289.0
Q3 2021
11/4/2021
17.860.572.287.8
Q2 2021
8/12/2021
17.470.461.849.5
Q1 2021
5/5/2021
22.800.893.566.4
Q4 2020
2/25/2021
19.901.144.564.4
Q3 2020
11/10/2020
21.601.214.844.5
Q2 2020
9/2/2020
31.311.445.765.4
Rocket Companies PE History Chart
PeriodPriceAdj. EPSTTMPE
Q4 2023
2/22/2024
10.980.00-0.08NA
Q3 2023
11/2/2023
8.100.00-0.18NA
Q2 2023
8/3/2023
10.12-0.02-0.26NA
Q1 2023
5/4/2023
8.70-0.06-0.27NA
Q4 2022
2/28/2023
7.86-0.10-0.06NA
Q3 2022
11/3/2022
6.51-0.080.3618.1
Q2 2022
8/4/2022
10.29-0.031.0110.2
Q1 2022
5/10/2022
7.810.151.047.5
Q4 2021
2/24/2022
11.560.321.358.6
Q3 2021
11/4/2021
17.860.571.929.3
Q2 2021
8/12/2021
17.470.463.704.7
Q1 2021
5/5/2021
22.800.894.684.9
Q4 2020
2/25/2021
19.901.14NANA
Q3 2020
11/10/2020
21.601.21NANA
Q2 2020
9/2/2020
31.311.44NANA
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Rocket Companies (RKT) is categorized under the Financials sector; to help you further research PE history across stocks, below are some other companies in the same sector:

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How should the RKT historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Rocket Companies. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this RKT Historical PE Ratio page.

What is the average historical PE for RKT based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The RKT historical PE ratio using the annualized quarterly earnings method works out to 7.5.

What is the average historical PE for RKT based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The RKT historical PE ratio using the TTM earnings method works out to 9.0.

On this page we presented the Rocket Companies Historical PE Ratio information for Rocket Companies' stock. The average RKT historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 7.5. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average RKT historical PE based on this TTM earnings result method is 9.0. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this RKT historical PE result, against the recent PE: when this page was posted on 3/8/2024, the most recent closing price for RKT had been 12.72, and the most recent quarterly earnings result, annualized, was 0.6. Meanwhile, the most recent TTM earnings summed to 0.36. From these numbers, we calculate the recent RKT PE on 3/8/2024 based on annualized quarterly EPS was 21.2. Based on RKT's history, that recent PE is elevated relative to the historical average, with the recent PE 182.7% higher than the historical average PE across our data set for Rocket Companies. Looking at the recent RKT PE on 3/8/2024 based on TTM EPS, we calculate the ratio at 35.3. Based on RKT's history, that recent PE is elevated relative to the historical average, with the recent PE 292.2% higher than the historical average PE across our Rocket Companies data set with TTM EPS used in the calculation at each period.

For self directed investors doing their due diligence on RKT or any other given stock, valuation analysis for RKT can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Rocket Companies PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for RKT. Thanks for visiting, and the next time you need to research RKT Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

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