RBB Bancorp
RBB
#6888
Rank
NZ$0.71 B
Marketcap
$40.29
Share price
0.53%
Change (1 day)
83.09%
Change (1 year)

P/E ratio for RBB Bancorp (RBB)

P/E ratio as of October 2024 (TTM): 8.98

According to RBB Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.98162. At the end of 2022 the company had a P/E ratio of 6.19.

P/E ratio history for RBB Bancorp from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.19-30.81%
20218.94-2.91%
20209.21-14.73%
201910.831.55%
20188.21-44.2%
201714.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.1 68.17%๐Ÿ‡บ๐Ÿ‡ธ USA
13.5 49.85%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.