According to Cambridge Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3954. At the end of 2022 the company had a P/E ratio of 2.36.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.36 | 3010.4% |
2021 | 0.0760 | -14.88% |
2020 | 0.0893 | 25.33% |
2019 | 0.0713 | -2.4% |
2018 | 0.0730 | -73.87% |
2017 | 0.2795 | 11.52% |
2016 | 0.2506 | -3.67% |
2015 | 0.2602 |
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.