P/E ratio for Bar Harbor Bankshares (BHB)
P/E ratio as of March 2023 (TTM): 9.82
According to Bar Harbor Bankshares 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.81985. At the end of 2021 the company had a P/E ratio of 11.0.
P/E ratio history for Bar Harbor Bankshares from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Washington Trust Bancorp WASH | 8.62 | -12.24% | 🇺🇸 USA |
 Union Bankshares UNB | 8.00 | -18.50% | 🇺🇸 USA |
 Northeast Bank NBN | 6.51 | -33.70% | 🇺🇸 USA |
 Independent Bank INDB | 11.8 | 20.63% | 🇺🇸 USA |
 First Bancorp FNLC | 7.39 | -24.71% | 🇺🇸 USA |
 Enterprise Bancorp EBTC | 9.01 | -8.23% | 🇺🇸 USA |
 Century BanCorp CNBKA | N/A | N/A | 🇺🇸 USA |
 Boston Private BPFH | N/A | N/A | 🇺🇸 USA |
 Camden National Bank
CAC | 8.99 | -8.45% | 🇺🇸 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.