P/E ratio for German American Bancorp (GABC)
P/E ratio as of April 2024 (TTM): 10.5
According to German American Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4744. At the end of 2022 the company had a P/E ratio of 13.4.
P/E ratio history for German American Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.4 | 9.46% |
| 2021 | 12.3 | -12.95% |
| 2020 | 14.1 | -9.47% |
| 2019 | 15.6 | 10.9% |
| 2018 | 14.0 | -29.34% |
| 2017 | 19.8 | -11.72% |
| 2016 | 22.5 | 52.5% |
| 2015 | 14.7 | 3.86% |
| 2014 | 14.2 | -0.6% |
| 2013 | 14.3 | 24.93% |
| 2012 | 11.4 | 1.18% |
| 2011 | 11.3 | -25.78% |
| 2010 | 15.2 | 3.99% |
| 2009 | 14.6 | 49.1% |
| 2008 | 9.82 | -34.49% |
| 2007 | 15.0 | -3.07% |
| 2006 | 15.5 | 4.57% |
| 2005 | 14.8 | -39.38% |
| 2004 | 24.4 | 1.76% |
| 2003 | 24.0 | 27.88% |
| 2002 | 18.7 | -3.95% |
| 2001 | 19.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Old National Bank
ONB | 7.70 | -26.53% | 🇺🇸 USA |
 Lakeland Financial Corp LKFN | 17.1 | 63.18% | 🇺🇸 USA |
 First Merchants Corporation
FRME | 8.17 | -22.00% | 🇺🇸 USA |
 First Financial THFF | 6.84 | -34.69% | 🇺🇸 USA |
 1st Source
SRCE | 9.71 | -7.29% | 🇺🇸 USA |
 Horizon Bancorp HBNC | 6.83 | -34.79% | 🇺🇸 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.