Preferred Bank
PFBC
#5314
Rank
โ‚ฌ1.04 B
Marketcap
78,08ย โ‚ฌ
Share price
2.56%
Change (1 day)
31.70%
Change (1 year)

P/E ratio for Preferred Bank (PFBC)

P/E ratio as of October 2024 (TTM): 7.93

According to Preferred Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.92639. At the end of 2022 the company had a P/E ratio of 8.43.

P/E ratio history for Preferred Bank from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.43-24.6%
202111.23.25%
202010.8-6.82%
201911.624.67%
20189.32-52.9%
201719.8-2.59%
201620.332.91%
201515.30.31%
201415.210.22%
201313.874.31%
20127.93-0.97%
20118.01-535.09%
2010-1.84508.73%
2009-0.3025-97.38%
2008-11.5-213.52%
200710.2-41.97%
200617.51.57%
200517.258.41%
200410.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.00-11.69%๐Ÿ‡บ๐Ÿ‡ธ USA
8.54 7.70%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
10.6 33.52%๐Ÿ‡บ๐Ÿ‡ธ USA
8.29 4.56%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7 48.01%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4 43.20%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.