P/E ratio for Bank of N. T. Butterfield & Son (NTB)
P/E ratio as of May 2024 (TTM): 7.50
According to Bank of N. T. Butterfield & Son's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.50105. At the end of 2022 the company had a P/E ratio of 6.90.
P/E ratio history for Bank of N. T. Butterfield & Son from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.90 | -40.61% |
| 2021 | 11.6 | 8.51% |
| 2020 | 10.7 | -3.68% |
| 2019 | 11.1 | 25.53% |
| 2018 | 8.86 | -31.18% |
| 2017 | 12.9 | -51.34% |
| 2016 | 26.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 9.78 | 30.33% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.9 | 45.24% | 🇺🇸 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.