P/E ratio for Summit State Bank (SSBI)
P/E ratio as of July 2025 (TTM): 14.6
According to Summit State Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5679. At the end of 2024 the company had a P/E ratio of -12.5.
P/E ratio history for Summit State Bank from 2006 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | -12.5 | -264.85% |
| 2023 | 7.59 | 22.06% |
| 2022 | 6.22 | -11.65% |
| 2021 | 7.04 | -5.87% |
| 2020 | 7.48 | -37.4% |
| 2019 | 11.9 | -2.78% |
| 2018 | 12.3 | -46.35% |
| 2017 | 22.9 | 58.45% |
| 2016 | 14.5 | 29.18% |
| 2015 | 11.2 | -7.69% |
| 2014 | 12.1 | 0.54% |
| 2013 | 12.1 | 4.86% |
| 2012 | 11.5 | -27.02% |
| 2011 | 15.8 | -36.97% |
| 2010 | 25.0 | 59.57% |
| 2009 | 15.7 | -30.44% |
| 2008 | 22.5 | 11.23% |
| 2007 | 20.3 | 11.09% |
| 2006 | 18.2 |
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.