P/E ratio for Sandy Spring Bank (SASR)
P/E ratio as of June 2023 (TTM): 6.60
According to Sandy Spring Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.59845. At the end of 2021 the company had a P/E ratio of 9.64.
P/E ratio history for Sandy Spring Bank from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.64 | -36.84% |
| 2020 | 15.3 | 31.29% |
| 2019 | 11.6 | 4.93% |
| 2018 | 11.1 | -37.56% |
| 2017 | 17.7 | -10.85% |
| 2016 | 19.9 | 36.52% |
| 2015 | 14.6 | -14.51% |
| 2014 | 17.0 | 7.03% |
| 2013 | 15.9 | 22.2% |
| 2012 | 13.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Shore Bancshares SHBI | 9.31 | 41.14% | 🇺🇸 USA |
 Fulton Financial FULT | 7.88 | 19.37% | 🇺🇸 USA |
 F.N.B. Corporation
FNB | 8.21 | 24.41% | 🇺🇸 USA |
 Howard Bancorp
HBMD | N/A | N/A | 🇺🇸 USA |
 Eagle Bancorp EGBN | 6.40 | -3.05% | 🇺🇸 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.