Provident Bancorp
PVBC
#8078
Rank
$0.20 B
Marketcap
$11.39
Share price
-4.37%
Change (1 day)
13.90%
Change (1 year)

P/E ratio for Provident Bancorp (PVBC)

P/E ratio as of December 2024 (TTM): 17.5

According to Provident Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.5231. At the end of 2022 the company had a P/E ratio of -5.52.

P/E ratio history for Provident Bancorp from 2015 to 2023

201620192022-1010200companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
2022-5.52-128.76%
202119.27.06%
202017.948.17%
201912.113.8%
201810.6-30.21%
201715.218.56%
201612.8-22.21%
201516.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.9-8.98%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1-25.21%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.