P/E ratio for Pathfinder Bancorp (PBHC)
P/E ratio as of May 2024 (TTM): 7.33
According to Pathfinder Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.32738. At the end of 2022 the company had a P/E ratio of 8.99.
P/E ratio history for Pathfinder Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.99 | 7.81% |
| 2021 | 8.33 | -14.53% |
| 2020 | 9.75 | -45.98% |
| 2019 | 18.1 | 10.66% |
| 2018 | 16.3 | -21.62% |
| 2017 | 20.8 | 23.41% |
| 2016 | 16.9 | -12.42% |
| 2015 | 19.3 | 26.36% |
| 2014 | 15.2 | 8.34% |
| 2013 | 14.1 | 20.15% |
| 2012 | 11.7 | -30.38% |
| 2011 | 16.8 | 62.18% |
| 2010 | 10.4 | 12.91% |
| 2009 | 9.18 | -79.44% |
| 2008 | 44.6 | 95.99% |
| 2007 | 22.8 | -26.64% |
| 2006 | 31.1 | -52.45% |
| 2005 | 65.3 | 123.55% |
| 2004 | 29.2 | 8.19% |
| 2003 | 27.0 | -21.07% |
| 2002 | 34.2 | 58.33% |
| 2001 | 21.6 |
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.