Peapack-Gladstone Financial
PGC
#6331
Rank
$0.37 B
Marketcap
$21.17
Share price
-1.95%
Change (1 day)
-25.04%
Change (1 year)

P/E ratio for Peapack-Gladstone Financial (PGC)

P/E ratio as of June 2024 (TTM): 6.28

According to Peapack-Gladstone Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.27941. At the end of 2022 the company had a P/E ratio of 9.10.

P/E ratio history for Peapack-Gladstone Financial from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.10-22.37%
202111.7-28.41%
202016.429.83%
201912.616.71%
201810.8-36.43%
201717.0-10.27%
201618.920.36%
201515.74.31%
201415.1-18.63%
201318.538.29%
201213.455.92%
20118.60-55.19%
201019.2-4.36%
200920.1-300.14%
2008-10.0-158.76%
200717.1-24.71%
200622.729.14%
200517.5-10.96%
200419.75.94%
200318.6-2.5%
200219.139.62%
200113.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.80-7.68%๐Ÿ‡บ๐Ÿ‡ธ USA
6.73 7.18%๐Ÿ‡บ๐Ÿ‡ธ USA
6.01-4.30%๐Ÿ‡บ๐Ÿ‡ธ USA
9.01 43.54%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.