Shore Bancshares
SHBI
#6405
Rank
$0.34 B
Marketcap
$10.36
Share price
0.19%
Change (1 day)
-24.10%
Change (1 year)

P/E ratio for Shore Bancshares (SHBI)

P/E ratio as of April 2024 (TTM): 13.8

According to Shore Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.7867. At the end of 2022 the company had a P/E ratio of 11.1.

P/E ratio history for Shore Bancshares from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.1-34.51%
202117.047.45%
202011.5-15.9%
201913.784.26%
20187.42-60.46%
201718.8-6.49%
201620.13.28%
201519.4-0.15%
201419.5-340.59%
2013-8.0972.56%
2012-4.69-89.08%
2011-42.9-14.49%
2010-50.2-383.84%
200917.70.98%
200817.528.44%
200713.6-26.92%
200618.7-8.84%
200520.54.89%
200419.5-9.34%
200321.550.5%
200214.319.16%
200112.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.7-22.44%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1-11.95%๐Ÿ‡บ๐Ÿ‡ธ USA
7.76-43.71%๐Ÿ‡บ๐Ÿ‡ธ USA
6.99-49.28%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.