P/E ratio for Brookline Bancorp (BRKL)
P/E ratio as of April 2023 (TTM): 7.35
According to Brookline Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.34965. At the end of 2021 the company had a P/E ratio of 10.9.
P/E ratio history for Brookline Bancorp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Washington Trust Bancorp WASH | 8.38 | 14.01% | 🇺🇸 USA |
 Northeast Bank NBN | 6.13 | -16.63% | 🇺🇸 USA |
 Independent Bank INDB | 11.5 | 56.61% | 🇺🇸 USA |
 Enterprise Bancorp EBTC | 8.88 | 20.87% | 🇺🇸 USA |
 Boston Private BPFH | N/A | N/A | 🇺🇸 USA |
 Webster Financial WBS | 11.1 | 50.93% | 🇺🇸 USA |
 Berkshire Hills Bancorp BHLB | 12.4 | 68.23% | 🇺🇸 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.