P/E ratio for Signature Bank (SBNY)
P/E ratio as of September 2023 (TTM): 0.0016
According to Signature Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.00164016. At the end of 2014 the company had a P/E ratio of 20.8.
P/E ratio history for Signature Bank from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2014 | 20.8 | -6.39% |
| 2013 | 22.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 M&T Bank MTB | 7.26 | 442,783.62% | 🇺🇸 USA |
 Univest UVSP | 6.04 | 368,096.40% | 🇺🇸 USA |
 NBT Bancorp NBTB | 9.50 | 579,017.28% | 🇺🇸 USA |
 Arrow Financial AROW | 7.25 | 441,735.55% | 🇺🇸 USA |
 Tompkins Financial TMP | 10.0 | 609,980.72% | 🇺🇸 USA |
 Evans Bancorp EVBN | 6.49 | 395,327.89% | 🇺🇸 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.