P/E ratio for Middlefield Banc (MBCN)
P/E ratio as of May 2024 (TTM): 10.6
According to Middlefield Banc 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5919. At the end of 2022 the company had a P/E ratio of 10.5.
P/E ratio history for Middlefield Banc from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.5 | 27.42% |
| 2021 | 8.24 | -52.02% |
| 2020 | 17.2 | 29.01% |
| 2019 | 13.3 | 20.78% |
| 2018 | 11.0 | -28.66% |
| 2017 | 15.4 | 22.55% |
| 2016 | 12.6 | 32.67% |
| 2015 | 9.50 | -0.49% |
| 2014 | 9.55 | 28.17% |
| 2013 | 7.45 | -3.23% |
| 2012 | 7.70 | 9.34% |
| 2011 | 7.04 | -19.31% |
| 2010 | 8.73 | -35.87% |
| 2009 | 13.6 | 30.48% |
| 2008 | 10.4 | -21.47% |
| 2007 | 13.3 | 12.23% |
| 2006 | 11.8 | 3.11% |
| 2005 | 11.5 | -8.2% |
| 2004 | 12.5 | 25.32% |
| 2003 | 9.97 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sierra Bancorp
BSRR | 9.15 | -13.57% | 🇺🇸 USA |
 Ohio Valley Banc Corp OVBC | 8.73 | -17.61% | 🇺🇸 USA |
 First Bancorp
FBNC | 11.2 | 5.37% | 🇺🇸 USA |
 Commerce Bancshares
CBSH | 14.1 | 33.12% | 🇺🇸 USA |
 Bar Harbor Bankshares
BHB | 8.72 | -17.71% | 🇺🇸 USA |
 CNB Financial Corp CCNE | 7.73 | -27.00% | 🇺🇸 USA |
 Capital City Bank Group
CCBG | 9.10 | -14.05% | 🇺🇸 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.