P/E ratio for Stock Yards Bancorp (SYBT)
P/E ratio as of May 2024 (TTM): 12.0
According to Stock Yards Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9564. At the end of 2022 the company had a P/E ratio of 20.2.
P/E ratio history for Stock Yards Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.2 | -5.88% |
| 2021 | 21.5 | 38.68% |
| 2020 | 15.5 | 10.3% |
| 2019 | 14.1 | 5.03% |
| 2018 | 13.4 | -39.99% |
| 2017 | 22.3 | -13.05% |
| 2016 | 25.7 | 71.42% |
| 2015 | 15.0 | 7.29% |
| 2014 | 13.9 | -16.53% |
| 2013 | 16.7 | 38.65% |
| 2012 | 12.1 | 0.4% |
| 2011 | 12.0 | -17.84% |
| 2010 | 14.6 | -17.87% |
| 2009 | 17.8 | 4.16% |
| 2008 | 17.1 | 22.01% |
| 2007 | 14.0 | -20.5% |
| 2006 | 17.6 | 10.12% |
| 2005 | 16.0 | -9.09% |
| 2004 | 17.6 | 12.08% |
| 2003 | 15.7 | -1.43% |
| 2002 | 15.9 | -2.95% |
| 2001 | 16.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Renasant Corp RNST | 10.3 | -13.49% | 🇺🇸 USA |
 Community Trust Bancorp CTBI | 9.43 | -21.13% | 🇺🇸 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.