P/E ratio for Community Trust Bancorp (CTBI)
P/E ratio as of May 2024 (TTM): 9.43
According to Community Trust Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.43013. At the end of 2022 the company had a P/E ratio of 9.98.
P/E ratio history for Community Trust Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.98 | 13.33% |
| 2021 | 8.81 | -20.34% |
| 2020 | 11.1 | -13.92% |
| 2019 | 12.8 | 8.67% |
| 2018 | 11.8 | -26.95% |
| 2017 | 16.2 | -12.22% |
| 2016 | 18.4 | 40.29% |
| 2015 | 13.1 | -10.54% |
| 2014 | 14.7 | -5.65% |
| 2013 | 15.6 | 37.77% |
| 2012 | 11.3 | -2.03% |
| 2011 | 11.5 | -13.55% |
| 2010 | 13.3 | -9.39% |
| 2009 | 14.7 | -38.28% |
| 2008 | 23.9 | 109.77% |
| 2007 | 11.4 | -29.05% |
| 2006 | 16.0 | 20.98% |
| 2005 | 13.3 | -14.51% |
| 2004 | 15.5 | 10.58% |
| 2003 | 14.0 | 23.25% |
| 2002 | 11.4 | -7.56% |
| 2001 | 12.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Stock Yards Bancorp SYBT | 12.0 | 26.79% | 🇺🇸 USA |
 Renasant Corp RNST | 10.3 | 9.69% | 🇺🇸 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.