Reason: Acquired by New York Community Bancorp
Last recorded trade on: February 2, 2023
Source: https://www.freep.com/story/money/business/2022/12/01/flagstar-bank-acquired-new-york-community-bancorp-inc/69691626007/
P/E ratio for Flagstar Bank (FBC)
P/E ratio on February 2, 2023 (TTM): 7.36
According to Flagstar Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.36078. At the end of 2021 the company had a P/E ratio of 4.75.
P/E ratio history for Flagstar Bank from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 4.75 | 11.79% |
| 2020 | 4.25 | -57.26% |
| 2019 | 9.94 | 22.31% |
| 2018 | 8.12 | -75.9% |
| 2017 | 33.7 | 239.12% |
| 2016 | 9.94 | -2.35% |
| 2015 | 10.2 | -211.32% |
| 2014 | -9.15 | -304.63% |
| 2013 | 4.47 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 45.5 | 518.14% | 🇺🇸 USA |
 | -11.0 | -250.01% | 🇺🇸 USA |
 | 27.0 | 266.81% | 🇺🇸 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.