P/E ratio for Prudential Bancorp (PBIP)
P/E ratio as of May 2024 (TTM): -252
According to Prudential Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -252.167. At the end of 2021 the company had a P/E ratio of 13.6.
P/E ratio history for Prudential Bancorp from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.6 | 4.91% |
| 2020 | 12.9 | -19.67% |
| 2019 | 16.1 | -7.53% |
| 2018 | 17.4 | -76.83% |
| 2017 | 75.2 | 80.13% |
| 2016 | 41.8 | -28.19% |
| 2015 | 58.1 | 2.33% |
| 2014 | 56.8 | |
| 2012 | 28.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ESSA Bancorp ESSA | 9.36 | -103.71% | 🇺🇸 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.