P/E ratio for ESSA Bancorp (ESSA)
P/E ratio as of March 2025 (TTM): 10.0
According to ESSA Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0316. At the end of 2022 the company had a P/E ratio of 10.0.
P/E ratio history for ESSA Bancorp from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.0 | -1% |
| 2021 | 10.1 | 0.67% |
| 2020 | 10.1 | -26.95% |
| 2019 | 13.8 | -9.95% |
| 2018 | 15.3 | -65.82% |
| 2017 | 44.8 | 107.91% |
| 2016 | 21.5 | 38.52% |
| 2015 | 15.5 | 10.11% |
| 2014 | 14.1 | -14.51% |
| 2013 | 16.5 | -71.19% |
| 2012 | 57.3 | 146.34% |
| 2011 | 23.3 | -31.36% |
| 2010 | 33.9 | 18.79% |
| 2009 | 28.5 | -15.18% |
| 2008 | 33.6 | -184.61% |
| 2007 | -39.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | -252 | -2,613.73% | 🇺🇸 USA |
 | 8.26 | -17.62% | 🇺🇸 USA |
 | 10.7 | 7.14% | 🇺🇸 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.