P/E ratio for Sierra Bancorp (BSRR)
P/E ratio as of September 2023 (TTM): 7.90
According to Sierra Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.90336. At the end of 2021 the company had a P/E ratio of 9.59.
P/E ratio history for Sierra Bancorp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | -13.58% |
| 2012 | 19.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TriCo Bancshares TCBK | 7.71 | -2.41% | 🇺🇸 USA |
 Pacific Premier Bancorp
PPBI | 7.58 | -4.09% | 🇺🇸 USA |
 CVB Financial CVBF | 9.25 | 17.06% | 🇺🇸 USA |
 Central Valley Community Bancorp
CVCY | 6.22 | -21.33% | 🇺🇸 USA |
 Cathay General Bancorp CATY | 6.48 | -17.98% | 🇺🇸 USA |
 East West Bancorp
EWBC | 5.75 | -27.28% | 🇺🇸 USA |
 Bank of Marin Bancorp
BMRC | 7.44 | -5.88% | 🇺🇸 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.