P/E ratio for Northwest Bank (NWBI)
P/E ratio as of April 2024 (TTM): 9.76
According to Northwest Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.76126. At the end of 2022 the company had a P/E ratio of 13.4.
P/E ratio history for Northwest Bank from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.4 | 15.82% |
| 2021 | 11.6 | -44.43% |
| 2020 | 20.9 | 31.87% |
| 2019 | 15.8 | -2.76% |
| 2018 | 16.3 | -8.48% |
| 2017 | 17.8 | -51.63% |
| 2016 | 36.8 | 78.62% |
| 2015 | 20.6 | 11.8% |
| 2014 | 18.4 | -8.99% |
| 2013 | 20.2 | 13.41% |
| 2012 | 17.9 | -8.15% |
| 2011 | 19.4 | -12.55% |
| 2010 | 22.2 | -41.27% |
| 2009 | 37.8 | 75.25% |
| 2008 | 21.6 | -17.91% |
| 2007 | 26.3 | -1.33% |
| 2006 | 26.7 | 108.16% |
| 2005 | 12.8 | -53.04% |
| 2004 | 27.3 | -20.77% |
| 2003 | 34.4 | 95.49% |
| 2002 | 17.6 | 3.12% |
| 2001 | 17.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Pacific Premier Bancorp
PPBI | 8.72 | -10.62% | 🇺🇸 USA |
 Pacific Mercantile Bancorp PMBC | N/A | N/A | 🇺🇸 USA |
 New York Community Bank
NYCB | 0.7450 | -92.37% | 🇺🇸 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.