P/E ratio for MidWestOne Financial Group (MOFG)
P/E ratio as of March 2025 (TTM): 13.7
According to MidWestOne Financial Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.7235. At the end of 2022 the company had a P/E ratio of 8.16.
P/E ratio history for MidWestOne Financial Group from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.16 | 10.19% |
| 2021 | 7.41 | -87.3% |
| 2020 | 58.3 | 368.53% |
| 2019 | 12.5 | 24.35% |
| 2018 | 10.0 | -53.42% |
| 2017 | 21.5 | 2.32% |
| 2016 | 21.0 | 65.09% |
| 2015 | 12.7 | -2.84% |
| 2014 | 13.1 | 5.44% |
| 2013 | 12.4 | 19.3% |
| 2012 | 10.4 | 4.68% |
| 2011 | 9.95 | -28.91% |
| 2010 | 14.0 | -32.77% |
| 2009 | 20.8 | -743.2% |
| 2008 | -3.24 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 11.7 | -14.39% | 🇺🇸 USA |
 | 10.8 | -21.38% | 🇺🇸 USA |
 | 8.88 | -35.29% | 🇺🇸 USA |
 | 12.8 | -6.96% | 🇺🇸 USA |
 | 9.75 | -28.95% | 🇺🇸 USA |
 | 15.5 | 12.64% | 🇺🇸 USA |
 | 15.1 | 10.10% | 🇺🇸 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.