P/E ratio for CNB Financial Corp (CCNE)
P/E ratio as of May 2024 (TTM): 7.19
According to CNB Financial Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.19171. At the end of 2022 the company had a P/E ratio of 7.22.
P/E ratio history for CNB Financial Corp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.22 | -13.79% |
| 2021 | 8.38 | -22.07% |
| 2020 | 10.7 | -13.6% |
| 2019 | 12.4 | 19.13% |
| 2018 | 10.4 | -37.69% |
| 2017 | 16.8 | -11.13% |
| 2016 | 18.9 | 61.27% |
| 2015 | 11.7 | 1.62% |
| 2014 | 11.5 | -22.03% |
| 2013 | 14.8 | 24.47% |
| 2012 | 11.9 | -6.85% |
| 2011 | 12.7 | -8.06% |
| 2010 | 13.8 | -15.17% |
| 2009 | 16.3 | -11.05% |
| 2008 | 18.3 | 42.15% |
| 2007 | 12.9 | -1.71% |
| 2006 | 13.1 | -6.02% |
| 2005 | 14.0 | -33.4% |
| 2004 | 21.0 | 23.12% |
| 2003 | 17.0 | 16.16% |
| 2002 | 14.7 | -0.16% |
| 2001 | 14.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Univest UVSP | 8.19 | 13.82% | 🇺🇸 USA |
 TriState Capital Holdings
TSC | 17.3 | 140.23% | 🇺🇸 USA |
 S&T Bancorp STBA | 8.09 | 12.51% | 🇺🇸 USA |
 Republic First Bancorp FRBK | 1.00 | -86.10% | 🇺🇸 USA |
 Mid Penn Bancorp MPB | 8.16 | 13.42% | 🇺🇸 USA |
 F.N.B. Corporation
FNB | 8.60 | 19.60% | 🇺🇸 USA |
 Citizens & Northern Corp CZNC | 10.1 | 41.07% | 🇺🇸 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.