P/E ratio for Central Valley Community Bancorp (CVCY)
P/E ratio as of April 2024 (TTM): 8.54
According to Central Valley Community Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.53648. At the end of 2022 the company had a P/E ratio of 9.33.
P/E ratio history for Central Valley Community Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.33 | 4.22% |
| 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 | 21.95% |
| 2011 | 8.48 | -54.79% |
| 2010 | 18.8 | -1.94% |
| 2009 | 19.1 | 157.86% |
| 2008 | 7.42 | -29.77% |
| 2007 | 10.6 | -16.89% |
| 2006 | 12.7 | -4.21% |
| 2005 | 13.3 | -59.71% |
| 2004 | 32.9 | 88.25% |
| 2003 | 17.5 | 0% |
| 2002 | 17.5 | 5.33% |
| 2001 | 16.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TriCo Bancshares TCBK | 8.92 | 4.45% | 🇺🇸 USA |
 Sierra Bancorp
BSRR | 8.51 | -0.33% | 🇺🇸 USA |
 Pacific Premier Bancorp
PPBI | 8.79 | 3.01% | 🇺🇸 USA |
 CVB Financial CVBF | 9.65 | 13.10% | 🇺🇸 USA |
 East West Bancorp
EWBC | 8.57 | 0.39% | 🇺🇸 USA |
 Bank of Marin Bancorp
BMRC | 7.68 | -10.07% | 🇺🇸 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.