P/E ratio for Civista Bancshares (CIVB)
P/E ratio as of May 2024 (TTM): 4.94
According to Civista Bancshares 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.93772. At the end of 2022 the company had a P/E ratio of 8.50.
P/E ratio history for Civista Bancshares from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.50 | -8.05% |
| 2021 | 9.24 | 5.45% |
| 2020 | 8.77 | -22.58% |
| 2019 | 11.3 | -29.81% |
| 2018 | 16.1 | 8.51% |
| 2017 | 14.9 | 50.71% |
| 2016 | 9.86 | 9.93% |
| 2015 | 8.97 | -17.96% |
| 2014 | 10.9 | 10.7% |
| 2013 | 9.88 | 7.26% |
| 2012 | 9.21 | -17.72% |
| 2011 | 11.2 | -190.01% |
| 2010 | -12.4 | -124.07% |
| 2009 | 51.7 | -4464.5% |
| 2008 | -1.18 | -110.44% |
| 2007 | 11.3 | -34.96% |
| 2006 | 17.4 | 2.81% |
| 2005 | 17.0 | -33.1% |
| 2004 | 25.3 | -0.61% |
| 2003 | 25.5 | 57.99% |
| 2002 | 16.1 | -7.76% |
| 2001 | 17.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Heritage Commerce HTBK | 6.96 | 40.91% | 🇺🇸 USA |
 BancFirst BANF | 13.7 | 177.28% | 🇺🇸 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.