According to Lakeland Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4808. At the end of 2021 the company had a P/E ratio of 10.3.
Year | P/E ratio | Change |
---|---|---|
2021 | 10.3 | -8.98% |
2020 | 11.3 | -9.31% |
2019 | 12.5 | 11.44% |
2018 | 11.2 | -35.3% |
2017 | 17.3 | -15.51% |
2016 | 20.5 | 47.98% |
2015 | 13.9 | -2.73% |
2014 | 14.3 | -14.69% |
2013 | 16.7 | 24.8% |
2012 | 13.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Unity Bancorp UNTY | 6.44 | -38.52% | ๐บ๐ธ USA |
![]() Peapack-Gladstone Financial PGC | 7.57 | -27.78% | ๐บ๐ธ USA |
![]() Parke Bancorp PKBK | 5.07 | -51.64% | 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.