According to Sound Financial Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.0385. At the end of 2023 the company had a P/E ratio of 13.5.
Year | P/E ratio | Change |
---|---|---|
2023 | 13.5 | 17.24% |
2022 | 11.6 | -7.08% |
2021 | 12.4 | 35.45% |
2020 | 9.18 | -32.71% |
2019 | 13.6 | 18.56% |
2018 | 11.5 | -30.69% |
2017 | 16.6 | 28.61% |
2016 | 12.9 | 8.86% |
2015 | 11.9 | 5.64% |
2014 | 11.2 | 2.24% |
2013 | 11.0 |
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.