CNB Financial Corp
CCNE
#6440
Rank
C$0.82 B
Marketcap
$39.23
Share price
1.99%
Change (1 day)
37.88%
Change (1 year)

P/E ratio for CNB Financial Corp (CCNE)

P/E ratio as of November 2024 (TTM): 10.6

According to CNB Financial Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6363. At the end of 2022 the company had a P/E ratio of 7.22.

P/E ratio history for CNB Financial Corp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.22-13.79%
20218.38-22.07%
202010.7-13.6%
201912.419.13%
201810.4-37.69%
201716.8-11.13%
201618.961.27%
201511.71.62%
201411.5-22.03%
201314.824.47%
201211.9-6.85%
201112.7-8.06%
201013.8-15.17%
200916.3-11.05%
200818.342.15%
200712.9-1.71%
200613.1-6.02%
200514.0-33.4%
200421.023.12%
200317.016.16%
200214.7-0.16%
200114.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.7 10.27%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4 6.98%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9 2.05%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6 8.83%๐Ÿ‡บ๐Ÿ‡ธ USA
17.3 62.43%๐Ÿ‡บ๐Ÿ‡ธ USA
0.4500-95.77%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7 19.57%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.