P/E ratio for American National Bank & Trust Company (AMNB)
P/E ratio as of May 2024 (TTM): 16.9
According to American National Bank & Trust Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8763. At the end of 2022 the company had a P/E ratio of 11.4.
P/E ratio history for American National Bank & Trust Company from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.4 | 21.68% |
| 2021 | 9.40 | -2.13% |
| 2020 | 9.60 | -50.75% |
| 2019 | 19.5 | 72.25% |
| 2018 | 11.3 | -47.7% |
| 2017 | 21.6 | 17.52% |
| 2016 | 18.4 | 24.38% |
| 2015 | 14.8 | -3.34% |
| 2014 | 15.3 | 17.27% |
| 2013 | 13.1 | 31.96% |
| 2012 | 9.90 | -19.26% |
| 2011 | 12.3 | -29.73% |
| 2010 | 17.4 | -9.99% |
| 2009 | 19.4 | 50.48% |
| 2008 | 12.9 | 19.95% |
| 2007 | 10.7 | -12.52% |
| 2006 | 12.3 | -3.92% |
| 2005 | 12.8 | -24.54% |
| 2004 | 16.9 | 8.41% |
| 2003 | 15.6 | -2.09% |
| 2002 | 16.0 | 34.77% |
| 2001 | 11.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 United Community Bank UCBI | 11.8 | -30.25% | 🇺🇸 USA |
 TowneBank
TOWN | 11.0 | -34.65% | 🇺🇸 USA |
 Old Point Financial OPOF | 7.89 | -53.23% | 🇺🇸 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.