Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.
P/B ratio for Two Harbors Investment Corp. (TWO)
P/B ratio as of 2023: 0.60
According to Two Harbors Investment Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.60. At the end of 2022 the company had a P/B ratio of 0.62.
P/B ratio history for Two Harbors Investment Corp. from 2001 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.60 |
| 2022 | 0.62 |
| 2021 | 0.63 |
| 2020 | 0.56 |
| 2019 | 0.79 |
| 2018 | 0.62 |
| 2017 | 0.79 |
| 2016 | 0.73 |
| 2015 | 0.68 |
| 2014 | 0.74 |
| 2013 | 0.69 |
| 2012 | 0.64 |
| 2011 | 0.59 |
| 2010 | 0.47 |
| 2009 | 1.51 |
| 2008 | 0.94 |
| 2007 | 0.44 |
| 2001 | 0.00 |