P/E ratio for Bankwell Financial Group (BWFG)
P/E ratio as of September 2023 (TTM): 5.27
According to Bankwell Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.2658. At the end of 2021 the company had a P/E ratio of 9.69.
P/E ratio history for Bankwell Financial Group from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.69 | -62.84% |
| 2020 | 26.1 | 109.69% |
| 2019 | 12.4 | -3.44% |
| 2018 | 12.9 | -32.52% |
| 2017 | 19.1 | -3.73% |
| 2016 | 19.8 | 22.8% |
| 2015 | 16.1 | -45.33% |
| 2014 | 29.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Washington Trust Bancorp WASH | 7.91 | 50.22% | 🇺🇸 USA |
 Union Bankshares UNB | 7.75 | 47.23% | 🇺🇸 USA |
 Northeast Bank NBN | 7.58 | 43.91% | 🇺🇸 USA |
 First Bancorp FNLC | 7.37 | 40.02% | 🇺🇸 USA |
 Century BanCorp CNBKA | N/A | N/A | 🇺🇸 USA |
 Boston Private BPFH | N/A | N/A | 🇺🇸 USA |
 Bar Harbor Bankshares
BHB | 7.52 | 42.85% | 🇺🇸 USA |
 Webster Financial WBS | 7.54 | 43.28% | 🇺🇸 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.