P/E ratio for Cambridge Bancorp (CATC)

P/E ratio history for Cambridge Bancorp from 2003 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Parke Bancorp PKBK	8.91	-42.12%	🇺🇸 USA
Macatawa Bank MCBC	11.1	-27.62%	🇺🇸 USA
Stock Yards Bancorp SYBT	18.6	21.02%	🇺🇸 USA
Shore Bancshares SHBI	21.5	39.44%	🇺🇸 USA
Huntington Bancshares HBAN	11.3	-26.38%	🇺🇸 USA
Great Southern Bancorp GSBC	9.84	-36.06%	🇺🇸 USA
Union Bankshares UNB	10.7	-30.72%	🇺🇸 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.