P/E ratio for Associated Banc-Corp (ASB)
P/E ratio as of April 2024 (TTM): 8.65
According to Associated Banc-Corp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.64634. At the end of 2022 the company had a P/E ratio of 9.78.
P/E ratio history for Associated Banc-Corp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.78 | -5.15% |
| 2021 | 10.3 | 13.13% |
| 2020 | 9.12 | -20.57% |
| 2019 | 11.5 | 11.95% |
| 2018 | 10.3 | -41.87% |
| 2017 | 17.6 | -9.31% |
| 2016 | 19.4 | 24.47% |
| 2015 | 15.6 | -1.87% |
| 2014 | 15.9 | 0.66% |
| 2013 | 15.8 | 20.57% |
| 2012 | 13.1 | -21.3% |
| 2011 | 16.7 | -119.81% |
| 2010 | -84.2 | 855.57% |
| 2009 | -8.81 | -154.29% |
| 2008 | 16.2 | 34.16% |
| 2007 | 12.1 | -17.13% |
| 2006 | 14.6 | 9.85% |
| 2005 | 13.3 | -8.44% |
| 2004 | 14.5 | 5.44% |
| 2003 | 13.8 | 14.35% |
| 2002 | 12.0 | -6.89% |
| 2001 | 12.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wintrust Financial WTFC | 9.90 | 14.49% | 🇺🇸 USA |
 Glacier Bancorp
GBCI | 17.1 | 98.22% | 🇺🇸 USA |
 First Busey BUSE | 9.86 | 14.04% | 🇺🇸 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.