Fannie Mae-No Politics (FNMA)

[jeddiemack]

PE for a financial institution type stock that is more of a utility would be robust at around 12 since its interest rate sensitive.

Sure it may shoot up to some 15 or 18 until earnings adjust and normalize... but long term 12 is enough if the eps is $8-12 a share which on 1.1B shares outstanding is not impossible.

But this 85 - 90 pe you state is way outside the boundaries in my opinion.