P/E ratio for Live Oak Bank (LOB)
P/E ratio as of May 2024 (TTM): 26.0
According to Live Oak Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.9776. At the end of 2022 the company had a P/E ratio of 7.51.
P/E ratio history for Live Oak Bank from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.51 | -66.69% |
| 2021 | 22.6 | -31.09% |
| 2020 | 32.7 | -22.52% |
| 2019 | 42.2 | 267.96% |
| 2018 | 11.5 | 25.16% |
| 2017 | 9.17 | -79.99% |
| 2016 | 45.8 | 113.88% |
| 2015 | 21.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 9.53 | -63.32% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.4 | -59.99% | 🇺🇸 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.