P/E ratio for Sierra Bancorp (BSRR)
P/E ratio as of April 2024 (TTM): 8.32
According to Sierra Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.31667. At the end of 2022 the company had a P/E ratio of 9.48.
P/E ratio history for Sierra Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.48 | -1.16% |
| 2021 | 9.59 | -6.55% |
| 2020 | 10.3 | -17.15% |
| 2019 | 12.4 | 0.04% |
| 2018 | 12.4 | -35.18% |
| 2017 | 19.1 | -7.3% |
| 2016 | 20.6 | 56.49% |
| 2015 | 13.2 | -18.24% |
| 2014 | 16.1 | -4.88% |
| 2013 | 16.9 | -14.06% |
| 2012 | 19.7 | 23.17% |
| 2011 | 16.0 | -9.04% |
| 2010 | 17.6 | 102.87% |
| 2009 | 8.67 | -42.2% |
| 2008 | 15.0 | 30.17% |
| 2007 | 11.5 | -23.02% |
| 2006 | 15.0 | 9.69% |
| 2005 | 13.6 | -15.83% |
| 2004 | 16.2 | 16.76% |
| 2003 | 13.9 | 31.98% |
| 2002 | 10.5 | 12.72% |
| 2001 | 9.33 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TriCo Bancshares TCBK | 9.08 | 9.22% | 🇺🇸 USA |
 Pacific Premier Bancorp
PPBI | 8.97 | 7.83% | 🇺🇸 USA |
 CVB Financial CVBF | 10.0 | 20.24% | 🇺🇸 USA |
 Central Valley Community Bancorp
CVCY | 8.54 | 2.64% | 🇺🇸 USA |
 Cathay General Bancorp CATY | 6.87 | -17.42% | 🇺🇸 USA |
 East West Bancorp
EWBC | 8.45 | 1.62% | 🇺🇸 USA |
 Bank of Marin Bancorp
BMRC | 7.83 | -5.84% | 🇺🇸 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.