P/E ratio for Signature Bank (SBNY)
P/E ratio as of June 2024 (TTM): 0.1849
According to Signature Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.184866. At the end of 2021 the company had a P/E ratio of 21.3.
P/E ratio history for Signature Bank from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 21.3 | 57.51% |
| 2020 | 13.5 | 7.65% |
| 2019 | 12.6 | 13.56% |
| 2018 | 11.1 | -42.19% |
| 2017 | 19.1 | -5.3% |
| 2016 | 20.2 | -3.12% |
| 2015 | 20.9 | 0.22% |
| 2014 | 20.8 | -6.39% |
| 2013 | 22.2 | 24.08% |
| 2012 | 17.9 | 2.78% |
| 2011 | 17.4 | -13.61% |
| 2010 | 20.2 | -17.74% |
| 2009 | 24.5 | 17.18% |
| 2008 | 20.9 | -42.91% |
| 2007 | 36.7 | 32.91% |
| 2006 | 27.6 | -46.9% |
| 2005 | 52.0 | 79.91% |
| 2004 | 28.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 M&T Bank MTB | 8.49 | 4,491.40% | 🇺🇸 USA |
 Univest UVSP | 8.05 | 4,253.60% | 🇺🇸 USA |
 NBT Bancorp NBTB | 12.8 | 6,843.25% | 🇺🇸 USA |
 Arrow Financial AROW | 12.4 | 6,629.85% | 🇺🇸 USA |
 Tompkins Financial TMP | 48.7 | 26,240.54% | 🇺🇸 USA |
 Evans Bancorp EVBN | 6.93 | 3,646.02% | 🇺🇸 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.