P/E ratio for Citizens & Northern Corp (CZNC)
P/E ratio as of April 2024 (TTM): 10.0
According to Citizens & Northern Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0447. At the end of 2022 the company had a P/E ratio of 13.4.
P/E ratio history for Citizens & Northern Corp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.4 | -1.73% |
| 2021 | 13.6 | -10.86% |
| 2020 | 15.3 | -20.59% |
| 2019 | 19.2 | 30.15% |
| 2018 | 14.8 | -32.33% |
| 2017 | 21.8 | 8.26% |
| 2016 | 20.2 | 29.56% |
| 2015 | 15.6 | 3.85% |
| 2014 | 15.0 | 8.91% |
| 2013 | 13.8 | 34.9% |
| 2012 | 10.2 | 5.98% |
| 2011 | 9.62 | -6.13% |
| 2010 | 10.2 | -571.59% |
| 2009 | -2.17 | -112.32% |
| 2008 | 17.6 | 20.02% |
| 2007 | 14.7 | -5.16% |
| 2006 | 15.5 | -6.3% |
| 2005 | 16.5 | 10.84% |
| 2004 | 14.9 | 0.75% |
| 2003 | 14.8 | 32.42% |
| 2002 | 11.2 | -29.92% |
| 2001 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Univest UVSP | 7.43 | -26.07% | 🇺🇸 USA |
 S&T Bancorp STBA | 8.25 | -17.86% | 🇺🇸 USA |
 Republic First Bancorp FRBK | 1.20 | -88.05% | 🇺🇸 USA |
 Orrstown Financial Services ORRF | 7.27 | -27.65% | 🇺🇸 USA |
 ACNB Corporation
ACNB | 7.75 | -22.88% | 🇺🇸 USA |
 Customers Bancorp
CUBI | 7.75 | -22.88% | 🇺🇸 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.