P/E ratio for Kearny Financial (KRNY)
P/E ratio as of May 2024 (TTM): 10.6
According to Kearny Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5926. At the end of 2022 the company had a P/E ratio of 14.5.
P/E ratio history for Kearny Financial from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.5 | 5.06% |
| 2021 | 13.8 | -20.27% |
| 2020 | 17.3 | -38.67% |
| 2019 | 28.2 | -14.14% |
| 2018 | 32.9 | -56.78% |
| 2017 | 76.1 | 2.71% |
| 2016 | 74.0 | -59.09% |
| 2015 | 181 | 83% |
| 2014 | 98.9 | 27.57% |
| 2013 | 77.5 | -28.43% |
| 2012 | 108 | 59.65% |
| 2011 | 67.9 | -36.88% |
| 2010 | 107 | -14.6% |
| 2009 | 126 | 18.01% |
| 2008 | 107 | -64.18% |
| 2007 | 298 | 48.32% |
| 2006 | 201 | 327.83% |
| 2005 | 46.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 OceanFirst Financial OCFC | 7.37 | -30.46% | 🇺🇸 USA |
 Northfield Bancorp NFBK | 9.62 | -9.16% | 🇺🇸 USA |
 Provident Financial Services PFS | 7.96 | -24.90% | 🇺🇸 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.