P/E ratio for Dime Community Bancshares (DCOM)
P/E ratio as of June 2024 (TTM): 6.32
According to Dime Community Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.31959. At the end of 2022 the company had a P/E ratio of 8.53.
P/E ratio history for Dime Community Bancshares from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.53 | -45.39% |
| 2021 | 15.6 | -22.45% |
| 2020 | 20.2 | -39.3% |
| 2019 | 33.2 | 79.73% |
| 2018 | 18.5 | -26.64% |
| 2017 | 25.2 | 31.55% |
| 2016 | 19.1 | -22% |
| 2015 | 24.5 | 12.84% |
| 2014 | 21.7 | 2.88% |
| 2013 | 21.1 | 21.59% |
| 2012 | 17.4 | 23.18% |
| 2011 | 14.1 | -29% |
| 2010 | 19.9 | -34.67% |
| 2009 | 30.4 | 39.82% |
| 2008 | 21.8 | -39.09% |
| 2007 | 35.7 | 32.52% |
| 2006 | 27.0 | 13.54% |
| 2005 | 23.8 | 1.67% |
| 2004 | 23.4 | 43.49% |
| 2003 | 16.3 | |
| 2001 | 13.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TrustCo Bank TRST | 7.57 | 19.72% | 🇺🇸 USA |
 Northfield Bancorp NFBK | 8.87 | 40.32% | 🇺🇸 USA |
 Flushing Financial Corp FFIC | 11.1 | 76.32% | 🇺🇸 USA |
 Greene County Bancorp GCBC | 18.6 | 195.09% | 🇺🇸 USA |
 Carver Bancorp CARV | -1.57 | -124.85% | 🇺🇸 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.