Parke Bancorp
PKBK
#6095
Rank
$0.21 B
Marketcap
$17.80
Share price
0.00%
Change (1 day)
-24.74%
Change (1 year)

P/E ratio for Parke Bancorp (PKBK)

P/E ratio as of March 2023 (TTM): 5.12

According to Parke Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.12108. At the end of 2021 the company had a P/E ratio of 6.22.

P/E ratio history for Parke Bancorp from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.22-4.27%
20206.50-29.09%
20199.1724.24%
20187.38-54.04%
201716.182.97%
20168.77-8.78%
20159.626.68%
20149.0218.61%
20137.6041.81%
20125.36

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.24 80.49%๐Ÿ‡บ๐Ÿ‡ธ USA
6.62 29.25%๐Ÿ‡บ๐Ÿ‡ธ USA
7.69 50.18%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7 108.66%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.