P/E ratio for Preferred Bank (PFBC)
P/E ratio as of May 2024 (TTM): 7.48
According to Preferred Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.4761. At the end of 2022 the company had a P/E ratio of 8.43.
P/E ratio history for Preferred Bank from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.43 | -24.6% |
| 2021 | 11.2 | 3.25% |
| 2020 | 10.8 | -6.82% |
| 2019 | 11.6 | 24.67% |
| 2018 | 9.32 | -52.9% |
| 2017 | 19.8 | -2.59% |
| 2016 | 20.3 | 32.91% |
| 2015 | 15.3 | 0.31% |
| 2014 | 15.2 | 10.22% |
| 2013 | 13.8 | 74.31% |
| 2012 | 7.93 | -0.97% |
| 2011 | 8.01 | -535.09% |
| 2010 | -1.84 | 508.73% |
| 2009 | -0.3025 | -97.38% |
| 2008 | -11.5 | -213.52% |
| 2007 | 10.2 | -41.97% |
| 2006 | 17.5 | 1.57% |
| 2005 | 17.2 | 58.41% |
| 2004 | 10.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TriCo Bancshares TCBK | 9.29 | 24.32% | 🇺🇸 USA |
 Pacific Premier Bancorp
PPBI | 8.82 | 17.94% | 🇺🇸 USA |
 Pacific Mercantile Bancorp PMBC | N/A | N/A | 🇺🇸 USA |
 Hanmi Financial HAFC | 5.32 | -28.81% | 🇺🇸 USA |
 CVB Financial CVBF | 9.80 | 31.02% | 🇺🇸 USA |
 Central Valley Community Bancorp
CVCY | 8.54 | 14.18% | 🇺🇸 USA |
 Heritage Commerce HTBK | 6.89 | -7.84% | 🇺🇸 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.