Camden National Bank
CAC
#6104
Rank
$0.45 B
Marketcap
$31.47
Share price
-0.63%
Change (1 day)
-2.33%
Change (1 year)

P/E ratio for Camden National Bank (CAC)

P/E ratio as of June 2024 (TTM): 9.06

According to Camden National Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.05523. At the end of 2022 the company had a P/E ratio of 9.97.

P/E ratio history for Camden National Bank from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.97-4.32%
202110.415.37%
20209.04-27.42%
201912.417.67%
201810.6-54.05%
201723.033.63%
201617.27.46%
201516.032.8%
201412.1-14.01%
201314.026.89%
201211.115.74%
20119.56-15.03%
201011.32.54%
200911.0-19.06%
200813.647.56%
20079.19-41.63%
200615.734.52%
200511.7-24.59%
200415.522.14%
200312.711.28%
200211.415.98%
20019.84

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.56-5.51%๐Ÿ‡บ๐Ÿ‡ธ USA
9.78 8.01%๐Ÿ‡บ๐Ÿ‡ธ USA
7.96-12.14%๐Ÿ‡บ๐Ÿ‡ธ USA
7.94-12.33%๐Ÿ‡บ๐Ÿ‡ธ USA
6.65-26.54%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
8.14-10.16%๐Ÿ‡บ๐Ÿ‡ธ USA
7.78-14.06%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.