P/E ratio for Dime Community Bancshares (DCOM)
P/E ratio as of September 2023 (TTM): 5.59
According to Dime Community Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.59155. At the end of 2021 the company had a P/E ratio of 15.6.
P/E ratio history for Dime Community Bancshares from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 15.6 | |
| 2019 | 33.2 | 79.73% |
| 2018 | 18.5 | -26.64% |
| 2017 | 25.2 | 31.55% |
| 2016 | 19.1 | -22% |
| 2015 | 24.5 | 12.84% |
| 2014 | 21.7 | 2.88% |
| 2013 | 21.1 | 21.59% |
| 2012 | 17.4 | 23.18% |
| 2011 | 14.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TrustCo Bank TRST | 6.93 | 23.99% | 🇺🇸 USA |
 Northfield Bancorp NFBK | 8.11 | 45.08% | 🇺🇸 USA |
 Flushing Financial Corp FFIC | 8.33 | 49.03% | 🇺🇸 USA |
 Greene County Bancorp GCBC | 13.1 | 134.32% | 🇺🇸 USA |
 Carver Bancorp CARV | -1.89 | -133.73% | 🇺🇸 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.