Partners Bancorp
PTRS
#8505
Rank
C$0.18 B
Marketcap
$10.03
Share price
0.99%
Change (1 day)
-5.67%
Change (1 year)

P/E ratio for Partners Bancorp (PTRS)

P/E ratio on February 2, 2024 (TTM): 8.12

According to Partners Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.11578. At the end of 2022 the company had a P/E ratio of 11.6.

P/E ratio history for Partners Bancorp from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.6-51.12%
202123.816.41%
202020.438.09%
201914.822.89%
201812.0
200722.7-5.51%
200624.015.72%
200520.7-6.2%
200422.140.04%
200315.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.8 118.71%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7 80.80%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.