P/E ratio for NBT Bancorp (NBTB)
P/E ratio as of March 2023 (TTM): 9.97
According to NBT Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.97175. At the end of 2021 the company had a P/E ratio of 10.8.
P/E ratio history for NBT Bancorp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.8 | -19.44% |
| 2020 | 13.4 | -8.27% |
| 2019 | 14.6 | 9.22% |
| 2018 | 13.4 | -31.51% |
| 2017 | 19.6 | -15.4% |
| 2016 | 23.1 | 44.41% |
| 2015 | 16.0 | 4.3% |
| 2014 | 15.4 | -13.99% |
| 2013 | 17.9 | 43.64% |
| 2012 | 12.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 KeyCorp (KeyBank) KEY | 6.44 | -35.44% | 🇺🇸 USA |
 Signature Bank
SBNY | 3.48 | -65.11% | 🇺🇸 USA |
 Financial Institutions FISI | 5.47 | -45.12% | 🇺🇸 USA |
 Community Bank System CBU | 15.2 | 52.90% | 🇺🇸 USA |
 Arrow Financial AROW | 8.66 | -13.17% | 🇺🇸 USA |
 Tompkins Financial TMP | 11.3 | 13.52% | 🇺🇸 USA |
 Evans Bancorp EVBN | 8.04 | -19.35% | 🇺🇸 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.