P/E ratio for ACNB Corporation (ACNB)
P/E ratio as of April 2024 (TTM): 7.48
According to ACNB Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.47748. At the end of 2022 the company had a P/E ratio of 9.59.
P/E ratio history for ACNB Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.59 | -1.86% |
| 2021 | 9.78 | -16.72% |
| 2020 | 11.7 | 4.27% |
| 2019 | 11.3 | -11.39% |
| 2018 | 12.7 | -35.09% |
| 2017 | 19.6 | 12.72% |
| 2016 | 17.4 | 49.16% |
| 2015 | 11.6 | -7.96% |
| 2014 | 12.6 | 9.23% |
| 2013 | 11.6 | 6.61% |
| 2012 | 10.9 | 12.28% |
| 2011 | 9.67 | -12.47% |
| 2010 | 11.0 | 4.09% |
| 2009 | 10.6 | -3.27% |
| 2008 | 11.0 | -2.64% |
| 2007 | 11.3 | -24.99% |
| 2006 | 15.0 | -2.59% |
| 2005 | 15.4 | 1.85% |
| 2004 | 15.1 | 12.32% |
| 2003 | 13.5 | 4.07% |
| 2002 | 13.0 | 11.71% |
| 2001 | 11.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Univest UVSP | 7.86 | 5.15% | 🇺🇸 USA |
 S&T Bancorp STBA | 8.13 | 8.73% | 🇺🇸 USA |
 Orrstown Financial Services ORRF | 7.26 | -2.92% | 🇺🇸 USA |
 Fulton Financial FULT | 9.08 | 21.48% | 🇺🇸 USA |
 F.N.B. Corporation
FNB | 8.70 | 16.38% | 🇺🇸 USA |
 Citizens & Northern Corp CZNC | 10.0 | 34.03% | 🇺🇸 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.