P/E ratio for United Bankshares (UBSI)
P/E ratio as of April 2024 (TTM): 11.7
According to United Bankshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.6608. At the end of 2022 the company had a P/E ratio of 14.4.
P/E ratio history for United Bankshares from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.4 | 12.4% |
| 2021 | 12.8 | -7.02% |
| 2020 | 13.8 | -10.13% |
| 2019 | 15.3 | 21.31% |
| 2018 | 12.6 | -43.23% |
| 2017 | 22.3 | -4.15% |
| 2016 | 23.2 | 24.41% |
| 2015 | 18.7 | -4.22% |
| 2014 | 19.5 | 5.43% |
| 2013 | 18.5 | 24.65% |
| 2012 | 14.8 | -14.95% |
| 2011 | 17.5 | -1.39% |
| 2010 | 17.7 | 48.07% |
| 2009 | 12.0 | -28.04% |
| 2008 | 16.6 | 28.04% |
| 2007 | 13.0 | -27.84% |
| 2006 | 18.0 | 20.39% |
| 2005 | 14.9 | -11.93% |
| 2004 | 17.0 | 1.66% |
| 2003 | 16.7 | 19.96% |
| 2002 | 13.9 | -7.02% |
| 2001 | 15.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Huntington Bancshares
HBAN | 8.80 | -24.54% | 🇺🇸 USA |
 Vulcan Materials VMC | 42.1 | 260.76% | 🇺🇸 USA |
 M&T Bank MTB | 8.40 | -27.94% | 🇺🇸 USA |
 First Citizens BancShares
FCNCA | 2.29 | -80.40% | 🇺🇸 USA |
 F.N.B. Corporation
FNB | 8.70 | -25.42% | 🇺🇸 USA |
 City Holding Company CHCO | 13.3 | 14.03% | 🇺🇸 USA |
 Synovus
SNV | 8.34 | -28.50% | 🇺🇸 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.