P/E ratio for M&T Bank (MTB)
P/E ratio as of May 2023 (TTM): 9.65
According to M&T Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.64792. 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 |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 8.46 | -12.30% | 🇺🇸 USA |
 PNC Financial Services PNC | 8.13 | -15.74% | 🇺🇸 USA |
 Wells Fargo WFC | 11.6 | 20.33% | 🇺🇸 USA |
 Wintrust Financial WTFC | 8.09 | -16.12% | 🇺🇸 USA |
 Shore Bancshares SHBI | 8.70 | -9.80% | 🇺🇸 USA |
 Commerce Bancshares
CBSH | 12.5 | 29.72% | 🇺🇸 USA |
 NBT Bancorp NBTB | 10.2 | 5.59% | 🇺🇸 USA |
 Eagle Bancorp EGBN | 5.42 | -43.81% | 🇺🇸 USA |
 Evans Bancorp EVBN | 5.80 | -39.92% | 🇺🇸 USA |
 BankUnited
BKU | 5.65 | -41.43% | 🇺🇸 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.