According to Sterling Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 104.873. At the end of 2022 the company had a P/E ratio of 80.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 80.0 | 470.24% |
2021 | 14.0 | -177.91% |
2020 | -18.0 | -348.88% |
2019 | 7.23 | 24.87% |
2018 | 5.79 | -67% |
2017 | 17.5 |
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.