P/E ratio for BCB Bancorp (BCBP)
P/E ratio as of September 2023 (TTM): 4.68
According to BCB Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.68163. At the end of 2020 the company had a P/E ratio of 9.71.
P/E ratio history for BCB Bancorp from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 9.71 | |
| 2018 | 10.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Valley Bank VLY | 6.91 | 47.63% | 🇺🇸 USA |
 Unity Bancorp UNTY | 6.23 | 33.14% | 🇺🇸 USA |
 Parke Bancorp PKBK | 4.86 | 3.76% | 🇺🇸 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.