Bankwell Financial Group
BWFG
#7567
Rank
NZ$0.38 B
Marketcap
$49.08
Share price
0.55%
Change (1 day)
16.41%
Change (1 year)

P/E ratio for Bankwell Financial Group (BWFG)

P/E ratio as of September 2024 (TTM): 6.49

According to Bankwell Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.49462. At the end of 2022 the company had a P/E ratio of 6.08.

P/E ratio history for Bankwell Financial Group from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.08-37.23%
20219.69-62.84%
202026.1109.69%
201912.4-3.44%
201812.9-32.52%
201719.1-3.73%
201619.822.8%
201516.1-45.33%
201429.56.5%
201327.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.3 59.24%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9 67.48%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
8.95 37.75%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
12.1 86.83%๐Ÿ‡บ๐Ÿ‡ธ USA
9.30 43.27%๐Ÿ‡บ๐Ÿ‡ธ USA
8.91 37.13%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.