Citizens & Northern Corp
CZNC
#7359
Rank
C$0.43 B
Marketcap
$27.98
Share price
-2.18%
Change (1 day)
4.31%
Change (1 year)

P/E ratio for Citizens & Northern Corp (CZNC)

P/E ratio as of November 2024 (TTM): 11.3

According to Citizens & Northern Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.257. At the end of 2022 the company had a P/E ratio of 13.4.

P/E ratio history for Citizens & Northern Corp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.4-1.73%
202113.6-10.86%
202015.3-20.59%
201919.230.15%
201814.8-32.33%
201721.88.26%
201620.229.56%
201515.63.85%
201415.08.91%
201313.834.9%
201210.25.98%
20119.62-6.13%
201010.2-571.59%
2009-2.17-112.32%
200817.620.02%
200714.7-5.16%
200615.5-6.3%
200516.510.84%
200414.90.75%
200314.832.42%
200211.2-29.92%
200116.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.3 0.59%๐Ÿ‡บ๐Ÿ‡ธ USA
10.6-6.14%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9-3.25%๐Ÿ‡บ๐Ÿ‡ธ USA
0.4500-96.00%๐Ÿ‡บ๐Ÿ‡ธ USA
8.05-28.48%๐Ÿ‡บ๐Ÿ‡ธ USA
11.0-2.41%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.