P/E ratio for Investar Holding (ISTR)
P/E ratio as of April 2024 (TTM): 7.31
According to Investar Holding 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.30942. At the end of 2022 the company had a P/E ratio of 6.08.
P/E ratio history for Investar Holding from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.08 | -74.56% |
| 2021 | 23.9 | 83.58% |
| 2020 | 13.0 | -8.83% |
| 2019 | 14.3 | -18.78% |
| 2018 | 17.6 | -29.21% |
| 2017 | 24.8 | 47.87% |
| 2016 | 16.8 | -6.44% |
| 2015 | 18.0 | -0.76% |
| 2014 | 18.1 |
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.