P/E ratio for LCNB (LCNB)
P/E ratio as of June 2023 (TTM): 7.27
According to LCNB 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.26823. At the end of 2021 the company had a P/E ratio of 11.8.
P/E ratio history for LCNB from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 11.8 | 24.14% |
| 2020 | 9.48 | -29.29% |
| 2019 | 13.4 | 2.62% |
| 2018 | 13.1 | -16.98% |
| 2017 | 15.7 | -14.75% |
| 2016 | 18.5 | 33.09% |
| 2015 | 13.9 | -2.48% |
| 2014 | 14.2 | -10.9% |
| 2013 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Huntington Bancshares
HBAN | 6.95 | -4.44% | 🇺🇸 USA |
 Peoples Bancorp PEBO | 7.39 | 1.70% | 🇺🇸 USA |
 First Financial Bank
FFBC | 7.92 | 8.97% | 🇺🇸 USA |
 Park National Corp PRK | 12.3 | 69.16% | 🇺🇸 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.