P/E ratio for Territorial Bancorp (TBNK)
P/E ratio as of May 2024 (TTM): 8.61
According to Territorial Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.6087. At the end of 2022 the company had a P/E ratio of 13.3.
P/E ratio history for Territorial Bancorp from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.3 | 0.34% |
| 2021 | 13.2 | 11.13% |
| 2020 | 11.9 | -8.49% |
| 2019 | 13.0 | 4.08% |
| 2018 | 12.5 | -34.86% |
| 2017 | 19.2 | 5.68% |
| 2016 | 18.1 | 6.61% |
| 2015 | 17.0 | 21.62% |
| 2014 | 14.0 | -8.92% |
| 2013 | 15.4 | -1.16% |
| 2012 | 15.5 | -5.55% |
| 2011 | 16.5 | -18.99% |
| 2010 | 20.3 | -17.53% |
| 2009 | 24.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 WaFd Bank WAFD | 7.54 | -12.44% | 🇺🇸 USA |
 Timberland Bancorp TSBK | 7.86 | -8.72% | 🇺🇸 USA |
 Simply Good Foods SMPL | 27.4 | 218.63% | 🇺🇸 USA |
 Riverview Bancorp RVSB | 6.24 | -27.54% | 🇺🇸 USA |
 Provident Financial Holdings PROV | 11.0 | 27.58% | 🇺🇸 USA |
 Banc of California BANC | 8.13 | -5.61% | 🇺🇸 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.