P/E ratio for Riverview Bancorp (RVSB)
P/E ratio as of May 2024 (TTM): 6.24
According to Riverview Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.2381. At the end of 2022 the company had a P/E ratio of 8.73.
P/E ratio history for Riverview Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.73 | 7.81% |
| 2021 | 8.09 | -32.29% |
| 2020 | 12.0 | 10.66% |
| 2019 | 10.8 | 5.36% |
| 2018 | 10.3 | -50.33% |
| 2017 | 20.6 | -11.53% |
| 2016 | 23.3 | 44.28% |
| 2015 | 16.2 | 214.06% |
| 2014 | 5.15 | -64.49% |
| 2013 | 14.5 | -674.85% |
| 2012 | -2.52 | -31.88% |
| 2011 | -3.70 | -74.13% |
| 2010 | -14.3 | -10.53% |
| 2009 | -16.0 | -50.22% |
| 2008 | -32.1 | -358.81% |
| 2007 | 12.4 | -17.41% |
| 2006 | 15.0 | -25.81% |
| 2005 | 20.3 | 21.62% |
| 2004 | 16.7 | -15.33% |
| 2003 | 19.7 | 60.21% |
| 2002 | 12.3 | 1.13% |
| 2001 | 12.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 WaFd Bank WAFD | 7.54 | 20.83% | 🇺🇸 USA |
 Timberland Bancorp TSBK | 7.86 | 25.97% | 🇺🇸 USA |
 Simply Good Foods SMPL | 27.4 | 339.71% | 🇺🇸 USA |
 Territorial Bancorp
TBNK | 8.61 | 38.00% | 🇺🇸 USA |
 Provident Financial Holdings PROV | 11.0 | 76.06% | 🇺🇸 USA |
 Banc of California BANC | 8.13 | 30.26% | 🇺🇸 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.