P/E ratio for Brookline Bancorp (BRKL)
P/E ratio as of April 2024 (TTM): 8.38
According to Brookline Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.37879. At the end of 2022 the company had a P/E ratio of 9.90.
P/E ratio history for Brookline Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.90 | -9.54% |
| 2021 | 10.9 | -44.58% |
| 2020 | 19.7 | 31.9% |
| 2019 | 15.0 | 12.61% |
| 2018 | 13.3 | -42.44% |
| 2017 | 23.1 | 4.18% |
| 2016 | 22.2 | 36.83% |
| 2015 | 16.2 | -1.49% |
| 2014 | 16.4 | -10.47% |
| 2013 | 18.4 | 14.51% |
| 2012 | 16.0 | -10.69% |
| 2011 | 18.0 | -23.87% |
| 2010 | 23.6 | -21.46% |
| 2009 | 30.0 | -37.97% |
| 2008 | 48.4 | 38.18% |
| 2007 | 35.0 | -9.55% |
| 2006 | 38.7 | 1.14% |
| 2005 | 38.3 | -27.25% |
| 2004 | 52.6 | -10.77% |
| 2003 | 59.0 | 84.88% |
| 2002 | 31.9 | 20.11% |
| 2001 | 26.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Washington Trust Bancorp WASH | 8.65 | 3.19% | 🇺🇸 USA |
 Northeast Bank NBN | 9.12 | 8.85% | 🇺🇸 USA |
 Independent Bank Corp (Massachusetts) INDB | 9.03 | 7.76% | 🇺🇸 USA |
 Enterprise Bancorp EBTC | 7.05 | -15.84% | 🇺🇸 USA |
 Boston Private BPFH | N/A | N/A | 🇺🇸 USA |
 Webster Financial WBS | 8.70 | 3.79% | 🇺🇸 USA |
 Berkshire Hills Bancorp BHLB | 9.49 | 13.23% | 🇺🇸 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.