P/E ratio for Union Bankshares (UNB)
P/E ratio as of March 2023 (TTM): 8.00
According to Union Bankshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.00356. At the end of 2021 the company had a P/E ratio of 10.1.
P/E ratio history for Union Bankshares from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.1 | 12.87% |
| 2020 | 8.99 | -41% |
| 2019 | 15.2 | -49.59% |
| 2018 | 30.2 | 7.87% |
| 2017 | 28.0 | 17.73% |
| 2016 | 23.8 | 50.91% |
| 2015 | 15.8 | 14.86% |
| 2014 | 13.7 | -4.5% |
| 2013 | 14.4 | 13.29% |
| 2012 | 12.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Washington Trust Bancorp WASH | 8.62 | 7.68% | 🇺🇸 USA |
 Pacific Mercantile Bancorp PMBC | N/A | N/A | 🇺🇸 USA |
 Northeast Bank NBN | 6.51 | -18.65% | 🇺🇸 USA |
 Independent Bank INDB | 11.8 | 48.00% | 🇺🇸 USA |
 Enterprise Bancorp EBTC | 9.01 | 12.59% | 🇺🇸 USA |
 Century BanCorp CNBKA | N/A | N/A | 🇺🇸 USA |
 Boston Private BPFH | N/A | N/A | 🇺🇸 USA |
 Bar Harbor Bankshares
BHB | 9.82 | 22.69% | 🇺🇸 USA |
 NBT Bancorp NBTB | 9.97 | 24.59% | 🇺🇸 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.