P/E ratio for Codorus Valley Bancorp (CVLY)
P/E ratio as of May 2024 (TTM): 7.80
According to Codorus Valley Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.80488. At the end of 2022 the company had a P/E ratio of 11.3.
P/E ratio history for Codorus Valley Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.3 | -21% |
| 2021 | 14.3 | -27.25% |
| 2020 | 19.7 | 61.84% |
| 2019 | 12.2 | 19.59% |
| 2018 | 10.2 | -52.77% |
| 2017 | 21.6 | 10.63% |
| 2016 | 19.5 | 51.31% |
| 2015 | 12.9 | 17.44% |
| 2014 | 11.0 | 4.36% |
| 2013 | 10.5 | 21.92% |
| 2012 | 8.62 | 15.43% |
| 2011 | 7.47 | -12.96% |
| 2010 | 8.59 | -14.32% |
| 2009 | 10.0 | 20.25% |
| 2008 | 8.33 | -33.72% |
| 2007 | 12.6 | -19.55% |
| 2006 | 15.6 | -10.62% |
| 2005 | 17.5 | 3.99% |
| 2004 | 16.8 | -16.9% |
| 2003 | 20.2 | 29.25% |
| 2002 | 15.7 | 12.17% |
| 2001 | 14.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 S&T Bancorp STBA | 8.26 | 5.82% | 🇺🇸 USA |
 Orrstown Financial Services ORRF | 7.26 | -7.03% | 🇺🇸 USA |
 Fulton Financial FULT | 9.75 | 24.96% | 🇺🇸 USA |
 F.N.B. Corporation
FNB | 8.63 | 10.61% | 🇺🇸 USA |
 CNB Financial Corp CCNE | 7.34 | -6.02% | 🇺🇸 USA |
 Citizens & Northern Corp CZNC | 9.94 | 27.34% | 🇺🇸 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.