P/E ratio for Citizens & Northern Corp (CZNC)
P/E ratio as of October 2023 (TTM): 11.1
According to Citizens & Northern Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1076. At the end of 2021 the company had a P/E ratio of 13.6.
P/E ratio history for Citizens & Northern Corp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Univest UVSP | 6.16 | -44.51% | 🇺🇸 USA |
 S&T Bancorp STBA | 6.96 | -37.37% | 🇺🇸 USA |
 Republic First Bancorp FRBK | 19.0 | 71.05% | 🇺🇸 USA |
 Orrstown Financial Services ORRF | 9.17 | -17.40% | 🇺🇸 USA |
 ACNB Corporation
ACNB | 6.90 | -37.86% | 🇺🇸 USA |
 Customers Bancorp
CUBI | 6.08 | -45.30% | 🇺🇸 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.