Northeast Bank
NBN
#5777
Rank
$0.33 B
Marketcap
$45.60
Share price
-1.49%
Change (1 day)
24.86%
Change (1 year)

P/E ratio for Northeast Bank (NBN)

P/E ratio as of January 2023 (TTM): 8.95

According to Northeast Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.9534. At the end of 2018 the company had a P/E ratio of 8.37.

P/E ratio history for Northeast Bank from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20188.37-40.38%
201714.03.89%
201613.50.32%
201513.5-42.75%
201423.5-16.55%
201328.213.94%
201224.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.65 7.83%๐Ÿ‡บ๐Ÿ‡ธ USA
9.35 4.45%๐Ÿ‡บ๐Ÿ‡ธ USA
19.1 113.73%๐Ÿ‡บ๐Ÿ‡ธ USA
8.13-9.15%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4 15.75%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
8.91-0.43%๐Ÿ‡บ๐Ÿ‡ธ USA
11.3 25.65%๐Ÿ‡บ๐Ÿ‡ธ USA
9.82 9.71%๐Ÿ‡บ๐Ÿ‡ธ USA
17.3 93.05%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.