P/E ratio for SmartFinancial (SmartBank) (SMBK)
P/E ratio as of May 2024 (TTM): 10.8
According to SmartFinancial (SmartBank)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7972. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for SmartFinancial (SmartBank) from 2003 to 2023
PE ratio at the end of each year
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 9.78 | -9.46% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.9 | 0.90% | 🇺🇸 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.