According to BayCom (United Business Bank)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5647. At the end of 2022 the company had a P/E ratio of 9.26.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.26 | -5.74% |
2021 | 9.82 | -25.54% |
2020 | 13.2 | -12.99% |
2019 | 15.2 | 1.11% |
2018 | 15.0 | -39.1% |
2017 | 24.6 | |
2007 | 13.4 | -99.89% |
2006 | > 1000 | -11160% |
2005 | -107 |
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.