P/E ratio for Mid Penn Bancorp (MPB)
P/E ratio as of May 2024 (TTM): 8.16
According to Mid Penn Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.15686. At the end of 2022 the company had a P/E ratio of 8.71.
P/E ratio history for Mid Penn Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.71 | -24.52% |
| 2021 | 11.5 | 63.9% |
| 2020 | 7.04 | -48.9% |
| 2019 | 13.8 | -10.81% |
| 2018 | 15.4 | -22.52% |
| 2017 | 19.9 | 55.64% |
| 2016 | 12.8 | 15.39% |
| 2015 | 11.1 | 9.25% |
| 2014 | 10.2 | -6.45% |
| 2013 | 10.9 | 23.3% |
| 2012 | 8.81 | 35.55% |
| 2011 | 6.50 | -44.15% |
| 2010 | 11.6 | -191.61% |
| 2009 | -12.7 | -162.4% |
| 2008 | 20.4 | 1.78% |
| 2007 | 20.0 | 13.29% |
| 2006 | 17.7 | -0.59% |
| 2005 | 17.8 | -13.11% |
| 2004 | 20.4 | 23.78% |
| 2003 | 16.5 | 11.09% |
| 2002 | 14.9 | 13.53% |
| 2001 | 13.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Univest UVSP | 8.19 | 0.36% | 🇺🇸 USA |
 S&T Bancorp STBA | 8.09 | -0.80% | 🇺🇸 USA |
 Republic First Bancorp FRBK | 1.00 | -87.74% | 🇺🇸 USA |
 ACNB Corporation
ACNB | 7.46 | -8.52% | 🇺🇸 USA |
 CNB Financial Corp CCNE | 7.19 | -11.83% | 🇺🇸 USA |
 Citizens & Northern Corp CZNC | 10.1 | 24.38% | 🇺🇸 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.