P/E ratio for Penns Woods Bancorp (PWOD)
P/E ratio as of May 2024 (TTM): 8.52
According to Penns Woods Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.52273. At the end of 2022 the company had a P/E ratio of 10.8.
P/E ratio history for Penns Woods Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.8 | 3.44% |
| 2021 | 10.4 | -13.88% |
| 2020 | 12.1 | -24.47% |
| 2019 | 16.0 | 24.2% |
| 2018 | 12.9 | -42.41% |
| 2017 | 22.4 | 17.07% |
| 2016 | 19.1 | 31.55% |
| 2015 | 14.5 | -10.56% |
| 2014 | 16.3 | 3.28% |
| 2013 | 15.7 | 52.32% |
| 2012 | 10.3 | -14.19% |
| 2011 | 12.0 | -13.76% |
| 2010 | 14.0 | -31.55% |
| 2009 | 20.4 | 82.5% |
| 2008 | 11.2 | -21.23% |
| 2007 | 14.2 | -8.01% |
| 2006 | 15.4 | 0.22% |
| 2005 | 15.4 | 6.69% |
| 2004 | 14.4 | 3.8% |
| 2003 | 13.9 | -15.3% |
| 2002 | 16.4 | -17.51% |
| 2001 | 19.9 |
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.