M&T Bank
MTB
#682
Rank
$26.13 B
Marketcap
$154.40
Share price
-1.03%
Change (1 day)
-10.67%
Change (1 year)
M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York, It operates 780 branches in New York, New Jersey, Pennsylvania, Maryland, Delaware, Virginia, West Virginia, Washington, D.C., and Connecticut.

P/E ratio for M&T Bank (MTB)

P/E ratio as of February 2023 (TTM): 13.3

According to M&T Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3333. At the end of 2021 the company had a P/E ratio of 11.1.

P/E ratio history for M&T Bank from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202111.1-13.16%
202012.83.81%
201912.310.32%
201811.2-42.97%
201719.6-2.22%
201620.119.82%
201516.7-0.47%
201416.819.31%
201314.18.35%
201213.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.2-15.81%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9-10.89%๐Ÿ‡บ๐Ÿ‡ธ USA
14.9 11.63%๐Ÿ‡บ๐Ÿ‡ธ USA
12.4-6.69%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4 0.13%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8 33.35%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2-16.03%๐Ÿ‡บ๐Ÿ‡ธ USA
10.2-23.54%๐Ÿ‡บ๐Ÿ‡ธ USA
9.85-26.15%๐Ÿ‡บ๐Ÿ‡ธ USA
9.20-31.02%๐Ÿ‡บ๐Ÿ‡ธ 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.