Union Bankshares
UNB
#8465
Rank
HK$1.19 B
Marketcap
HK$264.43
Share price
-1.08%
Change (1 day)
13.88%
Change (1 year)

P/E ratio for Union Bankshares (UNB)

P/E ratio as of December 2024 (TTM): 11.9

According to Union Bankshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8571. At the end of 2022 the company had a P/E ratio of 8.54.

P/E ratio history for Union Bankshares from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.54-15.79%
202110.112.87%
20208.99-41%
201915.2-49.59%
201830.27.87%
201728.017.73%
201623.850.91%
201515.814.86%
201413.7-4.5%
201314.413.29%
201212.7-22.03%
201116.311.83%
201014.60.45%
200914.5-1.11%
200814.6-10.11%
200716.30.44%
200616.2-2.51%
200516.6-11.06%
200418.7-22.42%
200324.128.06%
200218.818.46%
200115.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.9-8.01%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8 50.01%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
12.1 2.10%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9 0.17%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
11.2-5.25%๐Ÿ‡บ๐Ÿ‡ธ USA
16.9 42.35%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.