P/E ratio for Carver Bancorp (CARV)
P/E ratio as of May 2024 (TTM): -1.37
According to Carver Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.36842. At the end of 2022 the company had a P/E ratio of -6.52.
P/E ratio history for Carver Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -6.52 | -40.41% |
| 2021 | -10.9 | 129.43% |
| 2020 | -4.77 | 172.97% |
| 2019 | -1.75 | -98.83% |
| 2018 | -149 | 5737.11% |
| 2017 | -2.55 | -33.41% |
| 2016 | -3.83 | -104.09% |
| 2015 | 93.8 | -55% |
| 2014 | 208 | 972.96% |
| 2013 | 19.4 | -990.5% |
| 2012 | -2.18 | 3349.73% |
| 2011 | -0.0632 | -50.98% |
| 2010 | -0.1289 | -99.56% |
| 2009 | -29.2 | 1178.68% |
| 2008 | -2.28 | -132.16% |
| 2007 | 7.10 | -57.62% |
| 2006 | 16.8 | 34.89% |
| 2005 | 12.4 | -15.55% |
| 2004 | 14.7 | 16.95% |
| 2003 | 12.6 | 91.64% |
| 2002 | 6.56 | -15.43% |
| 2001 | 7.76 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TrustCo Bank TRST | 7.54 | -651.27% | 🇺🇸 USA |
 Flushing Financial Corp FFIC | 10.5 | -869.92% | 🇺🇸 USA |
 Greene County Bancorp GCBC | 18.6 | -1,457.08% | 🇺🇸 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.