P/E ratio for Flushing Financial Corp (FFIC)
P/E ratio as of April 2024 (TTM): 10.2
According to Flushing Financial Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1518. At the end of 2022 the company had a P/E ratio of 7.78.
P/E ratio history for Flushing Financial Corp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.78 | -16.72% |
| 2021 | 9.35 | -33.16% |
| 2020 | 14.0 | -6.82% |
| 2019 | 15.0 | 33.83% |
| 2018 | 11.2 | -42.1% |
| 2017 | 19.4 | 48.26% |
| 2016 | 13.1 | -4.03% |
| 2015 | 13.6 | 0.04% |
| 2014 | 13.6 | -17.19% |
| 2013 | 16.4 | 19.95% |
| 2012 | 13.7 | 23.63% |
| 2011 | 11.1 | -13.74% |
| 2010 | 12.8 | 2.66% |
| 2009 | 12.5 | 16.11% |
| 2008 | 10.8 | -30.85% |
| 2007 | 15.6 | 4.98% |
| 2006 | 14.8 | 27.75% |
| 2005 | 11.6 | -24.7% |
| 2004 | 15.4 | 6.64% |
| 2003 | 14.5 | 22.86% |
| 2002 | 11.8 | -19.5% |
| 2001 | 14.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northfield Bancorp NFBK | 8.72 | -14.06% | 🇺🇸 USA |
 Dime Community Bancshares DCOM | 6.55 | -35.48% | 🇺🇸 USA |
 Greene County Bancorp GCBC | 17.6 | 73.73% | 🇺🇸 USA |
 Carver Bancorp CARV | -1.39 | -113.74% | 🇺🇸 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.