According to SmartFinancial (SmartBank)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.8868. At the end of 2022 the company had a P/E ratio of 10.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.7 | -11.61% |
2021 | 12.1 | 8.11% |
2020 | 11.2 | -10.04% |
2019 | 12.4 | -1.89% |
2018 | 12.7 | -65.29% |
2017 | 36.6 | 53.63% |
2016 | 23.8 | -74.86% |
2015 | 94.6 | 13.98% |
2014 | 83.0 | 6.81% |
2013 | 77.7 | -43.66% |
2012 | 138 | 359.96% |
2011 | 30.0 | -1268.42% |
2010 | -2.57 | 54.05% |
2009 | -1.67 | -112.63% |
2008 | 13.2 | -83.19% |
2007 | 78.5 | 165.42% |
2006 | 29.6 | -14.66% |
2005 | 34.7 | -13.26% |
2004 | 40.0 | -31.11% |
2003 | 58.0 |
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.