Prosperity Bancshares
PB
#1849
Rank
$6.34 B
Marketcap
$69.58
Share price
-1.68%
Change (1 day)
-2.49%
Change (1 year)

P/E ratio for Prosperity Bancshares (PB)

P/E ratio as of October 2022 (TTM): 12.7

According to Prosperity Bancshares 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7. At the end of 2021 the company had a P/E ratio of 12.9.

P/E ratio history for Prosperity Bancshares from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202112.95.35%
202012.2-22.54%
201915.816.66%
201813.5-24.2%
201717.8-2.13%
201618.256.07%
201511.7-9.12%
201412.8-25.84%
201317.333.61%
201213.0

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.