NBT Bancorp
NBTB
#4392
Rank
$1.64 B
Marketcap
$34.79
Share price
0.52%
Change (1 day)
4.66%
Change (1 year)

P/E ratio for NBT Bancorp (NBTB)

P/E ratio as of April 2024 (TTM): 12.2

According to NBT Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1643. At the end of 2022 the company had a P/E ratio of 12.3.

P/E ratio history for NBT Bancorp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.313.36%
202110.8-19.44%
202013.4-8.27%
201914.69.22%
201813.4-31.51%
201719.6-15.4%
201623.144.41%
201516.04.3%
201415.4-13.99%
201317.943.64%
201212.4-2.79%
201112.8-11.54%
201014.59.33%
200913.2-14.37%
200815.42.89%
200715.0-2.89%
200615.516.72%
200513.2-21.21%
200416.813.69%
200314.816.94%
200212.6-106.11%
2001-207

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.8-2.94%๐Ÿ‡บ๐Ÿ‡ธ USA
0.1676-98.62%๐Ÿ‡บ๐Ÿ‡ธ USA
5.23-57.04%๐Ÿ‡บ๐Ÿ‡ธ USA
15.9 30.50%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4-6.54%๐Ÿ‡บ๐Ÿ‡ธ USA
48.7 300.40%๐Ÿ‡บ๐Ÿ‡ธ USA
6.98-42.65%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.