P/E ratio for Orrstown Financial Services (ORRF)
P/E ratio as of December 2023 (TTM): 6.78
According to Orrstown Financial Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.77686. At the end of 2022 the company had a P/E ratio of 11.2.
P/E ratio history for Orrstown Financial Services from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.2 | 33.2% |
| 2021 | 8.40 | 22.32% |
| 2020 | 6.87 | -50.82% |
| 2019 | 14.0 | 21.15% |
| 2018 | 11.5 | -54.32% |
| 2017 | 25.2 | -7.63% |
| 2016 | 27.3 | 48.53% |
| 2015 | 18.4 | 288.39% |
| 2014 | 4.74 | -64.38% |
| 2013 | 13.3 | -757.74% |
| 2012 | -2.02 | -2.5% |
| 2011 | -2.07 | -116.49% |
| 2010 | 12.6 | -24.66% |
| 2009 | 16.7 | 26.09% |
| 2008 | 13.2 | -14.08% |
| 2007 | 15.4 | -17.57% |
| 2006 | 18.7 | 0.2% |
| 2005 | 18.6 | -37.09% |
| 2004 | 29.6 | 22.1% |
| 2003 | 24.3 | 27.6% |
| 2002 | 19.0 | 4.84% |
| 2001 | 18.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Univest UVSP | 7.48 | 10.42% | 🇺🇸 USA |
 S&T Bancorp STBA | 7.90 | 16.57% | 🇺🇸 USA |
 Republic First Bancorp FRBK | 8.45 | 24.69% | 🇺🇸 USA |
 Mid Penn Bancorp MPB | 8.93 | 31.71% | 🇺🇸 USA |
 ACNB Corporation
ACNB | 9.00 | 32.80% | 🇺🇸 USA |
 Citizens & Northern Corp CZNC | 11.5 | 69.82% | 🇺🇸 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.