P/E ratio for Metropolitan Bank Holding (MCB)
P/E ratio as of May 2024 (TTM): 8.57
According to Metropolitan Bank Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.56795. At the end of 2022 the company had a P/E ratio of 10.8.
P/E ratio history for Metropolitan Bank Holding from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.8 | -32.96% |
| 2021 | 16.1 | 111.07% |
| 2020 | 7.64 | -42.53% |
| 2019 | 13.3 | 34.37% |
| 2018 | 9.89 | -61.32% |
| 2017 | 25.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 9.38 | 9.42% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.5 | 22.60% | 🇺🇸 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.