P/E ratio for Bank of Marin Bancorp (BMRC)
P/E ratio as of April 2024 (TTM): 7.48
According to Bank of Marin Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.48259. At the end of 2022 the company had a P/E ratio of 11.2.
P/E ratio history for Bank of Marin Bancorp from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.2 | -29.47% |
| 2021 | 15.9 | 3.32% |
| 2020 | 15.4 | -14.2% |
| 2019 | 17.9 | 2.71% |
| 2018 | 17.5 | -32.93% |
| 2017 | 26.1 | 41.94% |
| 2016 | 18.4 | 6.21% |
| 2015 | 17.3 | 10.08% |
| 2014 | 15.7 | -5.21% |
| 2013 | 16.6 | 47.66% |
| 2012 | 11.2 | -12.28% |
| 2011 | 12.8 | -5.39% |
| 2010 | 13.5 | -8.28% |
| 2009 | 14.7 | 44.32% |
| 2008 | 10.2 | -16.59% |
| 2007 | 12.2 | -25.54% |
| 2006 | 16.4 | 9.16% |
| 2005 | 15.1 | -22.15% |
| 2004 | 19.3 | 16.54% |
| 2003 | 16.6 | 13.83% |
| 2002 | 14.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SVB Financial Group SIVB | 4.14 | -44.62% | 🇺🇸 USA |
 Westamerica Bancorporation
WABC | 7.69 | 2.78% | 🇺🇸 USA |
 Umpqua Holdings UMPQ | 11.4 | 52.27% | 🇺🇸 USA |
 Western Alliance Bancorporation
WAL | 7.11 | -5.04% | 🇺🇸 USA |
 Heritage Commerce HTBK | 6.71 | -10.30% | 🇺🇸 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.