P/E ratio for Tompkins Financial (TMP)
P/E ratio as of September 2023 (TTM): 10.2
According to Tompkins Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2129. At the end of 2021 the company had a P/E ratio of 13.7.
P/E ratio history for Tompkins Financial from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.7 | 1.45% |
| 2020 | 13.6 | -20.18% |
| 2019 | 17.0 | 21.98% |
| 2018 | 13.9 | -40.98% |
| 2017 | 23.6 | -2.48% |
| 2016 | 24.2 | 68.34% |
| 2015 | 14.4 | -8.83% |
| 2014 | 15.8 | 7% |
| 2013 | 14.7 | -8.62% |
| 2012 | 16.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Signature Bank
SBNY | 0.0016 | -99.98% | 🇺🇸 USA |
 Community Bank System CBU | 14.7 | 43.90% | 🇺🇸 USA |
 NBT Bancorp NBTB | 9.63 | -5.75% | 🇺🇸 USA |
 Arrow Financial AROW | 7.26 | -28.92% | 🇺🇸 USA |
 Evans Bancorp EVBN | 6.66 | -34.75% | 🇺🇸 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.