Reason: Rebranded as Flagstar Financial
Last recorded trade on: December 27, 2024
Source: https://www.bankingdive.com/news/nycb-rebrands-flagstar-financial-otting/730191/
P/E ratio for New York Community Bank (NYCB)
P/E ratio on December 27, 2024 (TTM): 2.64
According to New York Community Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.6375. At the end of 2022 the company had a P/E ratio of 20.5.
P/E ratio history for New York Community Bank from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.5 | -33.48% |
| 2021 | 30.8 | 0.17% |
| 2020 | 30.7 | -34.39% |
| 2019 | 46.8 | 31.05% |
| 2018 | 35.7 | -17.66% |
| 2017 | 43.4 | -7.25% |
| 2016 | 46.8 | -105.73% |
| 2015 | -816 | -1970% |
| 2014 | 43.6 | -6.77% |
| 2013 | 46.8 | 35.77% |
| 2012 | 34.5 | 2.19% |
| 2011 | 33.7 | -25.43% |
| 2010 | 45.2 | 19.52% |
| 2009 | 37.9 | -76.79% |
| 2008 | 163 | 181.4% |
| 2007 | 58.0 | -1.61% |
| 2006 | 58.9 | 33.11% |
| 2005 | 44.3 | -2.48% |
| 2004 | 45.4 | -9.64% |
| 2003 | 50.2 | 30.28% |
| 2002 | 38.5 | -20.97% |
| 2001 | 48.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 7.19 | 172.54% | 🇺🇸 USA |
 | 9.95 | 277.10% | 🇺🇸 USA |
 | 9.98 | 278.33% | 🇺🇸 USA |
 | -252 | -9,660.83% | 🇺🇸 USA |
 | 7.61 | 188.71% | 🇺🇸 USA |
 | 12.7 | 382.30% | 🇺🇸 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.