According to Affinity Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.828. At the end of 2024 the company had a P/E ratio of 20.6.
Year | P/E ratio | Change |
---|---|---|
2024 | 20.6 | 28.92% |
2023 | 16.0 | 13.16% |
2022 | 14.1 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Northeast Bank NBN | 10.8 | -48.36% | ๐บ๐ธ USA |
![]() National Bank Holdings
NBHC | 13.5 | -35.30% | ๐บ๐ธ USA |
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.