P/E ratio for Berkshire Hills Bancorp (BHLB)
P/E ratio as of May 2024 (TTM): 9.64
According to Berkshire Hills Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.64224. At the end of 2022 the company had a P/E ratio of 14.7.
P/E ratio history for Berkshire Hills Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.7 | 25.84% |
| 2021 | 11.7 | -825.4% |
| 2020 | -1.61 | -109.72% |
| 2019 | 16.6 | 41.62% |
| 2018 | 11.7 | -52.58% |
| 2017 | 24.7 | 26.84% |
| 2016 | 19.5 | 15.2% |
| 2015 | 16.9 | -13.66% |
| 2014 | 19.6 | 20.05% |
| 2013 | 16.3 | 2.66% |
| 2012 | 15.9 | -31.18% |
| 2011 | 23.1 | 4.54% |
| 2010 | 22.1 | -261.44% |
| 2009 | -13.7 | -191.86% |
| 2008 | 14.9 | -15.14% |
| 2007 | 17.6 | -30.7% |
| 2006 | 25.3 | -18.28% |
| 2005 | 31.0 | 82.02% |
| 2004 | 17.0 | -19.97% |
| 2003 | 21.3 | -70.16% |
| 2002 | 71.4 | 400.43% |
| 2001 | 14.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 10.3 | 6.97% | 🇺🇸 USA |
 Brookline Bancorp BRKL | 8.81 | -8.65% | 🇺🇸 USA |
 Hingham Institution for Savings
HIFS | 10.8 | 12.49% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.