P/E ratio for Plumas Bancorp (PLBC)
P/E ratio as of June 2024 (TTM): 6.49
According to Plumas Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.49027. At the end of 2022 the company had a P/E ratio of 8.18.
P/E ratio history for Plumas Bancorp from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.18 | -8.02% |
| 2021 | 8.89 | 5.95% |
| 2020 | 8.39 | -4.24% |
| 2019 | 8.76 | 5.74% |
| 2018 | 8.29 | -41.77% |
| 2017 | 14.2 | 14.61% |
| 2016 | 12.4 | 71.68% |
| 2015 | 7.23 | -10.38% |
| 2014 | 8.07 | -2.68% |
| 2013 | 8.29 | -33.86% |
| 2012 | 12.5 | -73.66% |
| 2011 | 47.6 | 22.05% |
| 2010 | 39.0 | -2752% |
| 2009 | -1.47 | -101.18% |
| 2008 | 125 | 674.5% |
| 2007 | 16.1 | 12.58% |
| 2006 | 14.3 | -36.51% |
| 2005 | 22.6 | 18.15% |
| 2004 | 19.1 | -2.53% |
| 2003 | 19.6 | 27.72% |
| 2002 | 15.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SVB Financial Group SIVB | 4.14 | -36.15% | 🇺🇸 USA |
 Sierra Bancorp
BSRR | 8.61 | 32.63% | 🇺🇸 USA |
 PacWest Bancorp PACW | -0.6326 | -109.75% | 🇺🇸 USA |
 CVB Financial CVBF | 9.52 | 46.69% | 🇺🇸 USA |
 Cathay General Bancorp CATY | 7.25 | 11.77% | 🇺🇸 USA |
 Heritage Commerce HTBK | 6.71 | 3.41% | 🇺🇸 USA |
 East West Bancorp
EWBC | 8.05 | 24.09% | 🇺🇸 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.