P/E ratio for Investors Bancorp (ISBC)
P/E ratio as of May 2024 (TTM): 10.4
According to Investors Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4286. At the end of 2020 the company had a P/E ratio of 11.2.
P/E ratio history for Investors Bancorp from 2005 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 11.2 | -29.29% |
| 2019 | 15.9 | 8.46% |
| 2018 | 14.6 | -53.57% |
| 2017 | 31.5 | 40.2% |
| 2016 | 22.5 | -0.52% |
| 2015 | 22.6 | -23.04% |
| 2014 | 29.4 | 17.18% |
| 2013 | 25.1 | 17.07% |
| 2012 | 21.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TrustCo Bank TRST | 7.63 | -26.82% | 🇺🇸 USA |
 Malvern Bancorp
MLVF | 18.6 | 78.82% | 🇺🇸 USA |
 New York Community Bank
NYCB | 0.8825 | -91.54% | 🇺🇸 USA |
 Greene County Bancorp GCBC | 18.7 | 78.88% | 🇺🇸 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.