Northfield Bancorp
NFBK
#6437
Rank
$0.57 B
Marketcap
$13.50
Share price
-0.52%
Change (1 day)
48.68%
Change (1 year)

P/E ratio for Northfield Bancorp (NFBK)

P/E ratio as of November 2024 (TTM): 13.8

According to Northfield Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8469. At the end of 2022 the company had a P/E ratio of 11.9.

P/E ratio history for Northfield Bancorp from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.96.93%
202111.1-31.31%
202016.2-16.78%
201919.523.73%
201815.8-49.26%
201731.1-9.81%
201634.4-2.68%
201535.40.4%
201435.2-6.57%
201337.70.61%
201237.553.76%
201124.4-15.67%
201028.9-16.01%
200934.458.81%
200821.7-108.99%
2007-241

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.9 14.58%๐Ÿ‡บ๐Ÿ‡ธ USA
20.4 47.43%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-16.22%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.