Cadence Bancorp
CADE
#2220
Rank
C$9.71 B
Marketcap
$53.10
Share price
-0.84%
Change (1 day)
55.03%
Change (1 year)

P/E ratio for Cadence Bancorp (CADE)

P/E ratio as of November 2024 (TTM): 17.1

According to Cadence Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.1364. At the end of 2022 the company had a P/E ratio of 10.0.

P/E ratio history for Cadence Bancorp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.0-48.18%
202119.350.16%
202012.9-5.26%
201913.617.04%
201811.6-38.68%
201718.9-13.97%
201622.021.17%
201518.2-1.5%
201418.5-28.14%
201325.758.93%
201216.2-35.5%
201125.0-57.6%
201059.1149.29%
200923.748.11%
200816.014.53%
200714.0-17.7%
200617.013.06%
200515.0-11.29%
200416.920.58%
200314.01.18%
200213.9-0.56%
200113.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.3 0.78%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-14.35%๐Ÿ‡บ๐Ÿ‡ธ 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.