According to Israel Discount Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.02709. At the end of 2022 the company had a P/E ratio of 6.84.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.84 | -20.09% |
2021 | 8.56 | -46.09% |
2020 | 15.9 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Wells Fargo WFC | 12.8 | 155.28% | ๐บ๐ธ USA |
Southside Bancshares SBSI | 8.90 | 76.98% | ๐บ๐ธ USA |
Signature Bank
SBNY | 0.1604 | -96.81% | ๐บ๐ธ USA |
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.