Northeast Bank
NBN
#6163
Rank
$0.42 B
Marketcap
$54.09
Share price
2.79%
Change (1 day)
49.21%
Change (1 year)

P/E ratio for Northeast Bank (NBN)

P/E ratio as of April 2024 (TTM): 9.31

According to Northeast Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.30729. At the end of 2022 the company had a P/E ratio of 7.74.

P/E ratio history for Northeast Bank from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.74101.43%
20213.84-41.31%
20206.55-54.15%
201914.370.7%
20188.37-40.38%
201714.03.89%
201613.50.32%
201513.5-42.75%
201423.5-16.55%
201328.213.94%
201224.7-28.89%
201134.8869.22%
20103.59-72.4%
200913.011.79%
200811.6-37.98%
200718.810.93%
200616.922.54%
200513.8-19.04%
200417.031.53%
200313.023.53%
200210.515.6%
20019.07

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.64-7.14%๐Ÿ‡บ๐Ÿ‡ธ USA
9.62 3.32%๐Ÿ‡บ๐Ÿ‡ธ USA
8.93-4.05%๐Ÿ‡บ๐Ÿ‡ธ USA
7.83-15.89%๐Ÿ‡บ๐Ÿ‡ธ USA
6.99-24.85%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
9.68 3.97%๐Ÿ‡บ๐Ÿ‡ธ USA
8.19-11.99%๐Ÿ‡บ๐Ÿ‡ธ USA
8.81-5.33%๐Ÿ‡บ๐Ÿ‡ธ USA
9.56 2.67%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.