P/E ratio for Cambridge Bancorp (CATC)
P/E ratio as of April 2024 (TTM): 13.5
According to Cambridge Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.5397. At the end of 2022 the company had a P/E ratio of 11.2.
P/E ratio history for Cambridge Bancorp from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.2 | -6.93% |
| 2021 | 12.1 | -15.79% |
| 2020 | 14.3 | -2.97% |
| 2019 | 14.8 | 3.19% |
| 2018 | 14.3 | -34.57% |
| 2017 | 21.9 | 47.41% |
| 2016 | 14.8 | 23.28% |
| 2015 | 12.0 | -1.43% |
| 2014 | 12.2 | 11.34% |
| 2013 | 11.0 | 4.52% |
| 2012 | 10.5 | |
| 2008 | 10.1 | -18.16% |
| 2007 | 12.3 | -2.78% |
| 2006 | 12.7 | -8.89% |
| 2005 | 13.9 | -8.63% |
| 2004 | 15.2 | -24.03% |
| 2003 | 20.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Huntington Bancshares
HBAN | 8.94 | -34.01% | 🇺🇸 USA |
 Union Bankshares UNB | 9.67 | -28.56% | 🇺🇸 USA |
 Stock Yards Bancorp SYBT | 12.3 | -8.89% | 🇺🇸 USA |
 Shore Bancshares SHBI | 14.2 | 5.07% | 🇺🇸 USA |
 Parke Bancorp PKBK | 6.43 | -52.48% | 🇺🇸 USA |
 Macatawa Bank MCBC | 10.8 | -20.59% | 🇺🇸 USA |
 Great Southern Bancorp GSBC | 8.41 | -37.88% | 🇺🇸 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.