Peapack-Gladstone Financial
PGC
#5256
Rank
$0.54 B
Marketcap
$30.36
Share price
-0.23%
Change (1 day)
-15.17%
Change (1 year)

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

P/E ratio as of March 2023 (TTM): 7.45

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.

P/E ratio history for Peapack-Gladstone Financial from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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%
201213.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.77 17.73%๐Ÿ‡บ๐Ÿ‡ธ USA
6.30-15.45%๐Ÿ‡บ๐Ÿ‡ธ USA
5.22-29.88%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3 37.74%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.