P/E ratio for Peapack-Gladstone Financial (PGC)
P/E ratio as of April 2024 (TTM): 6.73
According to Peapack-Gladstone Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.72941. 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 |
|---|---|---|
| 2022 | 9.10 | -22.37% |
| 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 | 55.92% |
| 2011 | 8.60 | -55.19% |
| 2010 | 19.2 | -4.36% |
| 2009 | 20.1 | -300.14% |
| 2008 | -10.0 | -158.76% |
| 2007 | 17.1 | -24.71% |
| 2006 | 22.7 | 29.14% |
| 2005 | 17.5 | -10.96% |
| 2004 | 19.7 | 5.94% |
| 2003 | 18.6 | -2.5% |
| 2002 | 19.1 | 39.62% |
| 2001 | 13.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Valley Bank VLY | 6.76 | 0.43% | 🇺🇸 USA |
 Unity Bancorp UNTY | 7.19 | 6.79% | 🇺🇸 USA |
 Parke Bancorp PKBK | 6.43 | -4.39% | 🇺🇸 USA |
 Lakeland Bancorp LBAI | 8.62 | 28.06% | 🇺🇸 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.