P/E ratio for Central Valley Community Bancorp (CVCY)
P/E ratio as of June 2023 (TTM): 7.09
According to Central Valley Community Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.08811. At the end of 2021 the company had a P/E ratio of 8.95.
P/E ratio history for Central Valley Community Bancorp from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.95 | -2.6% |
| 2020 | 9.19 | -32.14% |
| 2019 | 13.5 | 11.25% |
| 2018 | 12.2 | -30.62% |
| 2017 | 17.5 | 18.69% |
| 2016 | 14.8 | 24.13% |
| 2015 | 11.9 | -47.33% |
| 2014 | 22.6 | 52.76% |
| 2013 | 14.8 | 43.07% |
| 2012 | 10.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TriCo Bancshares TCBK | 8.68 | 22.46% | 🇺🇸 USA |
 Sierra Bancorp
BSRR | 7.19 | 1.42% | 🇺🇸 USA |
 Pacific Premier Bancorp
PPBI | 6.97 | -1.62% | 🇺🇸 USA |
 CVB Financial CVBF | 8.05 | 13.54% | 🇺🇸 USA |
 East West Bancorp
EWBC | 6.05 | -14.69% | 🇺🇸 USA |
 Bank of Marin Bancorp
BMRC | 6.31 | -11.01% | 🇺🇸 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.