According to Lakeland Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.01342. At the end of 2022 the company had a P/E ratio of 10.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.7 | 4.04% |
2021 | 10.3 | -8.98% |
2020 | 11.3 | -9.31% |
2019 | 12.5 | 11.44% |
2018 | 11.2 | -35.3% |
2017 | 17.3 | -15.51% |
2016 | 20.5 | 47.98% |
2015 | 13.9 | -2.73% |
2014 | 14.3 | -14.69% |
2013 | 16.7 | 24.8% |
2012 | 13.4 | 8.62% |
2011 | 12.3 | -29.52% |
2010 | 17.5 | -200.63% |
2009 | -17.4 | -200.37% |
2008 | 17.3 | 20.85% |
2007 | 14.3 | -26.02% |
2006 | 19.4 | 15.6% |
2005 | 16.8 | -24.56% |
2004 | 22.2 | 36.69% |
2003 | 16.3 | -35.65% |
2002 | 25.3 | 23.95% |
2001 | 20.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | 7.75 | -14.00% | ๐บ๐ธ USA |
![]() | 12.5 | 38.77% | ๐บ๐ธ USA |
![]() | 10.1 | 11.73% | ๐บ๐ธ USA |
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.