Carver Bancorp
CARV
#9851
Rank
HK$66.81 M
Marketcap
HK$13.00
Share price
2.45%
Change (1 day)
-26.88%
Change (1 year)

P/E ratio for Carver Bancorp (CARV)

P/E ratio as of November 2024 (TTM): -1.46

According to Carver Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.46491. At the end of 2022 the company had a P/E ratio of -6.52.

P/E ratio history for Carver Bancorp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-6.52-40.41%
2021-10.9129.43%
2020-4.77172.97%
2019-1.75-98.83%
2018-1495737.11%
2017-2.55-33.41%
2016-3.83-104.09%
201593.8-55%
2014208972.96%
201319.4-990.5%
2012-2.183349.73%
2011-0.0632-50.98%
2010-0.1289-99.56%
2009-29.21178.68%
2008-2.28-132.16%
20077.10-57.62%
200616.834.89%
200512.4-15.55%
200414.716.95%
200312.691.64%
20026.56-15.43%
20017.76

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.2-1,202.58%๐Ÿ‡บ๐Ÿ‡ธ USA
19.0-1,395.16%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3-799.80%๐Ÿ‡บ๐Ÿ‡ธ 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.