P/E ratio for Tompkins Financial (TMP)
P/E ratio as of April 2024 (TTM): 48.7
According to Tompkins Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.7105. At the end of 2022 the company had a P/E ratio of 13.1.
P/E ratio history for Tompkins Financial from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.1 | -4.51% |
| 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 | 34.32% |
| 2011 | 12.0 | -4.11% |
| 2010 | 12.5 | 1.29% |
| 2009 | 12.4 | -40.11% |
| 2008 | 20.6 | 45.1% |
| 2007 | 14.2 | -13.64% |
| 2006 | 16.5 | 3.22% |
| 2005 | 15.9 | -22.51% |
| 2004 | 20.6 | 17.74% |
| 2003 | 17.5 | 11.3% |
| 2002 | 15.7 | -17.16% |
| 2001 | 18.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Signature Bank
SBNY | 0.1671 | -99.66% | 🇺🇸 USA |
 Community Bank System CBU | 15.9 | -67.30% | 🇺🇸 USA |
 NBT Bancorp NBTB | 12.6 | -74.19% | 🇺🇸 USA |
 Arrow Financial AROW | 11.3 | -76.89% | 🇺🇸 USA |
 Evans Bancorp EVBN | 6.96 | -85.72% | 🇺🇸 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.