Enterprise Bancorp
EBTC
#6524
Rank
$0.31 B
Marketcap
$25.20
Share price
0.56%
Change (1 day)
-8.40%
Change (1 year)

P/E ratio for Enterprise Bancorp (EBTC)

P/E ratio as of May 2024 (TTM): 7.20

According to Enterprise Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.20115. At the end of 2022 the company had a P/E ratio of 10.0.

P/E ratio history for Enterprise Bancorp from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.0-21.42%
202112.832.36%
20209.64-17.45%
201911.7-9.94%
201813.0-36.4%
201720.4-9.27%
201622.542.71%
201515.7-15.89%
201418.712.69%
201316.620.66%
201213.83.88%
201113.35.15%
201012.63.86%
200912.1-30.07%
200817.462.07%
200710.7-42.46%
200618.6-23.18%
200524.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.66 20.24%๐Ÿ‡บ๐Ÿ‡ธ USA
8.22 14.14%๐Ÿ‡บ๐Ÿ‡ธ USA
10.2 42.29%๐Ÿ‡บ๐Ÿ‡ธ USA
8.77 21.75%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
8.79 22.03%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
9.39 30.39%๐Ÿ‡บ๐Ÿ‡ธ USA
8.38 16.40%๐Ÿ‡บ๐Ÿ‡ธ 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.