P/E ratio for Enterprise Bancorp (EBTC)

P/E ratio history for Enterprise Bancorp from 2005 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Century BanCorp CNBKA	N/A	N/A	🇺🇸 USA
Independent Bank Corp (Massachusetts) INDB	12.6	19.36%	🇺🇸 USA
Washington Trust Bancorp WASH	12.4	16.92%	🇺🇸 USA
Boston Private BPFH	N/A	N/A	🇺🇸 USA
Union Bankshares UNB	10.8	2.28%	🇺🇸 USA
Webster Financial WBS	11.8	11.46%	🇺🇸 USA
Brookline Bancorp BRKL	12.7	20.13%	🇺🇸 USA
Camden National Bank CAC	13.9	31.59%	🇺🇸 USA
Northeast Bank NBN	17.6	66.16%	🇺🇸 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.