P/E ratio for Cadence Bancorp (CADE)
P/E ratio as of April 2024 (TTM): 13.2
According to Cadence Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.1909. At the end of 2022 the company had a P/E ratio of 10.0.
P/E ratio history for Cadence Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.0 | -48.18% |
| 2021 | 19.3 | 50.16% |
| 2020 | 12.9 | -5.26% |
| 2019 | 13.6 | 17.04% |
| 2018 | 11.6 | -38.68% |
| 2017 | 18.9 | -13.97% |
| 2016 | 22.0 | 21.17% |
| 2015 | 18.2 | -1.5% |
| 2014 | 18.5 | -28.14% |
| 2013 | 25.7 | 58.93% |
| 2012 | 16.2 | -35.5% |
| 2011 | 25.0 | -57.6% |
| 2010 | 59.1 | 149.29% |
| 2009 | 23.7 | 48.11% |
| 2008 | 16.0 | 14.53% |
| 2007 | 14.0 | -17.7% |
| 2006 | 17.0 | 13.06% |
| 2005 | 15.0 | -11.29% |
| 2004 | 16.9 | 20.58% |
| 2003 | 14.0 | 1.18% |
| 2002 | 13.9 | -0.56% |
| 2001 | 13.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 9.12 | -30.89% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.1 | -23.27% | 🇺🇸 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.