CHIMERA INVESTMENT CORP (CIMO)

Real Estate Investment Trusts

Latest Price

$25.28

TTM P/E

Normalized P/E

125.15

Div Yield

6.49%

Book Value

28.85

P/B Ratio

0.88

Valuation metrics

EPS: $1.72

Book value / share: $30.85

Formula: √(22.5 × EPS × BVPS)

Graham Number

$34.55

+37% upside

Norm. op. income: $605M (median of 7yr)

Tax rate: 5%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$69.26

+174% upside

EPS: $1.72

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$25.80

+2% upside