Start with its own history
At 11.22×, AGM is 11.5% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · AGMFinancial - Credit ServicesUpdated Nov 5, 2026
Federal Agricultural Mortgage P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
11.22×
11.5% abovethe 10-year annual average
Share price205.58
÷Earnings per share18.32
Price and EPS in quote currency. Calculation details
Investors are paying 11.22 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 10.06×
3-year average11.45×3 positive annual observations
5-year average10.87×5 positive annual observations
10-year average10.06×10 positive annual observations
Peer median · TTM9.92×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 10.49× | -11.6% |
| Dec 31, 2024 | 11.87× | -0.9% |
| Dec 31, 2023 | 11.98× | +48.7% |
| Dec 31, 2022 | 8.06× | -32.7% |
| Dec 31, 2021 | 11.96× | +33.9% |
| Dec 31, 2020 | 8.94× | -6.3% |
| Dec 31, 2019 | 9.53× | +40.5% |
| Dec 31, 2018 | 6.78× | -41.7% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 11.63× | +24.2% |
| Dec 31, 2016 | 9.36× | +28.3% |
| Dec 31, 2015 | 7.29× | -15.9% |
| Dec 31, 2014 | 8.67× | +68.1% |
| Dec 31, 2013 | 5.16× | -33.5% |
| Dec 31, 2012 | 7.76× | -42.8% |
| Dec 31, 2011 | 13.55× | +79.3% |
| Dec 31, 2010 | 7.56× | +775.2% |
| Dec 31, 2009 | 0.86× | N/M |
| Dec 31, 2008 | N/M | N/M |
| Dec 31, 2007 | 61.21× | +518.2% |
| Dec 31, 2006 | 9.90× | +37.0% |
| Dec 31, 2005 | 7.23× | +0.5% |
| Dec 31, 2004 | 7.19× | -52.1% |
| Dec 31, 2003 | 15.00× | -9.9% |
| Dec 31, 2002 | 16.65× | -40.8% |
| Dec 31, 2001 | 28.13× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How AGM compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 AGM This stockFederal Agricultural Mortgage | 11.22× |
 FINVFinVolution Group | 2.62× |
 QFINQfin Holdings, Inc. | N/M |
 OFGOFG Bancorp | 9.92× |
 CHCOCity Holding Company | 15.76× |
 NWBINorthwest Bancshares, Inc. | 11.48× |
 NICNicolet Bankshares, Inc. | 16.33× |
 TYTri-Continental Corporation | 5.56× |
 LCLendingClub Corporation | 9.17× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does AGM’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 9.92×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take AGM into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("AGM", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 205.58 ÷ EPS 18.32 = 11.22×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
AGM P/E ratio: common questions
The essentials behind the numbers.
Federal Agricultural Mortgage's current P/E is 11.22× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.