P/E ratio for Northeast Bank (NBN)

P/E ratio history for Northeast Bank from 2001 to 2024

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Union Bankshares UNB	17.7	80.01%	🇺🇸 USA
Bar Harbor Bankshares BHB	11.0	11.43%	🇺🇸 USA
Camden National Bank CAC	13.0	32.53%	🇺🇸 USA
First Bancorp FNLC	10.4	5.63%	🇺🇸 USA
Independent Bank Corp (Massachusetts) INDB	14.6	48.09%	🇺🇸 USA
Enterprise Bancorp EBTC	13.9	40.84%	🇺🇸 USA
Berkshire Hills Bancorp BHLB	27.6	180.85%	🇺🇸 USA
Washington Trust Bancorp WASH	-18.6	-289.43%	🇺🇸 USA
Brookline Bancorp BRKL	13.5	36.83%	🇺🇸 USA
Century BanCorp CNBKA	N/A	N/A	🇺🇸 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.