P/E ratio for M&T Bank (MTB)
P/E ratio as of April 2024 (TTM): 8.43
According to M&T Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.43054. At the end of 2022 the company had a P/E ratio of 12.5.
P/E ratio history for M&T Bank from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.5 | 12.64% |
| 2021 | 11.1 | -13.16% |
| 2020 | 12.8 | 3.81% |
| 2019 | 12.3 | 10.32% |
| 2018 | 11.2 | -42.97% |
| 2017 | 19.6 | -2.22% |
| 2016 | 20.1 | 19.82% |
| 2015 | 16.7 | -0.47% |
| 2014 | 16.8 | 19.31% |
| 2013 | 14.1 | 8.35% |
| 2012 | 13.0 | 8.54% |
| 2011 | 12.0 | -21.25% |
| 2010 | 15.2 | -34.48% |
| 2009 | 23.2 | 103.9% |
| 2008 | 11.4 | -15.65% |
| 2007 | 13.5 | -16.53% |
| 2006 | 16.2 | 2.08% |
| 2005 | 15.9 | -9.75% |
| 2004 | 17.6 | -9.06% |
| 2003 | 19.3 | 18.28% |
| 2002 | 16.3 | -11.25% |
| 2001 | 18.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 10.7 | 26.78% | 🇺🇸 USA |
 PNC Financial Services PNC | 10.9 | 29.74% | 🇺🇸 USA |
 Wells Fargo WFC | 13.0 | 54.79% | 🇺🇸 USA |
 Wintrust Financial WTFC | 9.90 | 17.42% | 🇺🇸 USA |
 Shore Bancshares SHBI | 14.2 | 68.44% | 🇺🇸 USA |
 Commerce Bancshares
CBSH | 13.8 | 63.80% | 🇺🇸 USA |
 NBT Bancorp NBTB | 12.6 | 49.39% | 🇺🇸 USA |
 Eagle Bancorp EGBN | 5.64 | -33.12% | 🇺🇸 USA |
 Evans Bancorp EVBN | 6.99 | -17.10% | 🇺🇸 USA |
 BankUnited
BKU | 9.36 | 10.98% | 🇺🇸 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.