P/E ratio for New York Community Bank (NYCB)
P/E ratio as of May 2024 (TTM): 0.8500
According to New York Community Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.85. At the end of 2022 the company had a P/E ratio of 6.83.
P/E ratio history for New York Community Bank from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.83 | -33.48% |
| 2021 | 10.3 | 0.17% |
| 2020 | 10.2 | -34.39% |
| 2019 | 15.6 | 31.05% |
| 2018 | 11.9 | -17.66% |
| 2017 | 14.5 | -7.25% |
| 2016 | 15.6 | -105.73% |
| 2015 | -272 | -1970% |
| 2014 | 14.5 | -6.77% |
| 2013 | 15.6 | 35.77% |
| 2012 | 11.5 | 2.19% |
| 2011 | 11.2 | -25.43% |
| 2010 | 15.1 | 19.52% |
| 2009 | 12.6 | -76.79% |
| 2008 | 54.4 | 181.4% |
| 2007 | 19.3 | -1.61% |
| 2006 | 19.6 | 33.11% |
| 2005 | 14.8 | -2.48% |
| 2004 | 15.1 | -9.4% |
| 2003 | 16.7 | 29.94% |
| 2002 | 12.8 | -20.97% |
| 2001 | 16.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 WaFd Bank WAFD | 7.42 | 773.50% | 🇺🇸 USA |
 TrustCo Bank TRST | 7.47 | 779.14% | 🇺🇸 USA |
 Prudential Bancorp PBIP | -252 | -29,766.71% | 🇺🇸 USA |
 Northwest Bank
NWBI | 9.61 | 1,030.90% | 🇺🇸 USA |
 Greene County Bancorp GCBC | 18.2 | 2,037.44% | 🇺🇸 USA |
 Berkshire Hills Bancorp BHLB | 9.44 | 1,011.06% | 🇺🇸 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.