P/E ratio for Greene County Bancorp (GCBC)
P/E ratio as of May 2024 (TTM): 18.6
According to Greene County Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.5706. At the end of 2022 the company had a P/E ratio of 16.2.
P/E ratio history for Greene County Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.2 | 39.08% |
| 2021 | 11.6 | 5.85% |
| 2020 | 11.0 | -17.19% |
| 2019 | 13.3 | -19% |
| 2018 | 16.4 | -23.63% |
| 2017 | 21.4 | 10.51% |
| 2016 | 19.4 | 14.8% |
| 2015 | 16.9 | -11.26% |
| 2014 | 19.1 | 12.11% |
| 2013 | 17.0 | 21.38% |
| 2012 | 14.0 | 11.11% |
| 2011 | 12.6 | -18.46% |
| 2010 | 15.5 | 13.53% |
| 2009 | 13.6 | 7.49% |
| 2008 | 12.7 | -50.61% |
| 2007 | 25.6 | 2.55% |
| 2006 | 25.0 | 2.65% |
| 2005 | 24.4 | 10.84% |
| 2004 | 22.0 | -18.59% |
| 2003 | 27.0 | 50.59% |
| 2002 | 17.9 | -26.16% |
| 2001 | 24.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TrustCo Bank TRST | 7.54 | -59.38% | 🇺🇸 USA |
 Northwest Bank
NWBI | 9.85 | -46.98% | 🇺🇸 USA |
 Flushing Financial Corp FFIC | 10.5 | -43.27% | 🇺🇸 USA |
 Carver Bancorp CARV | -1.37 | -107.37% | 🇺🇸 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.