P/E ratio for Bar Harbor Bankshares (BHB)
P/E ratio as of April 2024 (TTM): 7.62
According to Bar Harbor Bankshares 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.623. At the end of 2022 the company had a P/E ratio of 11.0.
P/E ratio history for Bar Harbor Bankshares from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.0 | 0.06% |
| 2021 | 11.0 | 7.05% |
| 2020 | 10.3 | -41.09% |
| 2019 | 17.5 | 66.28% |
| 2018 | 10.5 | -33.33% |
| 2017 | 15.8 | -17.24% |
| 2016 | 19.1 | 40.83% |
| 2015 | 13.6 | 17.73% |
| 2014 | 11.5 | -3.29% |
| 2013 | 11.9 | 13.18% |
| 2012 | 10.5 | 0.32% |
| 2011 | 10.5 | -4.38% |
| 2010 | 11.0 | 27.39% |
| 2009 | 8.61 | -11.78% |
| 2008 | 9.75 | -26.38% |
| 2007 | 13.2 | -6.11% |
| 2006 | 14.1 | 11.56% |
| 2005 | 12.6 | -19.25% |
| 2004 | 15.7 | -3.69% |
| 2003 | 16.3 | 26.41% |
| 2002 | 12.9 | -22.8% |
| 2001 | 16.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Washington Trust Bancorp WASH | 8.16 | 7.03% | 🇺🇸 USA |
 Union Bankshares UNB | 9.43 | 23.73% | 🇺🇸 USA |
 Northeast Bank NBN | 8.82 | 15.74% | 🇺🇸 USA |
 Independent Bank Corp (Massachusetts) INDB | 8.45 | 10.89% | 🇺🇸 USA |
 First Bancorp FNLC | 7.59 | -0.45% | 🇺🇸 USA |
 Enterprise Bancorp EBTC | 6.75 | -11.41% | 🇺🇸 USA |
 Century BanCorp CNBKA | N/A | N/A | 🇺🇸 USA |
 Boston Private BPFH | N/A | N/A | 🇺🇸 USA |
 Camden National Bank
CAC | 8.35 | 9.48% | 🇺🇸 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.