According to Peapack-Gladstone Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.44621. At the end of 2021 the company had a P/E ratio of 11.7.
Year | P/E ratio | Change |
---|---|---|
2021 | 11.7 | -28.41% |
2020 | 16.4 | 29.83% |
2019 | 12.6 | 16.71% |
2018 | 10.8 | -36.43% |
2017 | 17.0 | -10.27% |
2016 | 18.9 | 20.36% |
2015 | 15.7 | 4.31% |
2014 | 15.1 | -18.63% |
2013 | 18.5 | 38.29% |
2012 | 13.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Valley Bank VLY | 8.77 | 17.73% | ๐บ๐ธ USA |
![]() Unity Bancorp UNTY | 6.30 | -15.45% | ๐บ๐ธ USA |
![]() Parke Bancorp PKBK | 5.22 | -29.88% | ๐บ๐ธ USA |
![]() Lakeland Bancorp LBAI | 10.3 | 37.74% | ๐บ๐ธ USA |
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.