P/E ratio for United Community Bank (UCBI)
P/E ratio as of May 2024 (TTM): 12.2
According to United Community Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1651. At the end of 2022 the company had a P/E ratio of 13.4.
P/E ratio history for United Community Bank from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.4 | 11.21% |
| 2021 | 12.1 | -19.43% |
| 2020 | 15.0 | 11.97% |
| 2019 | 13.4 | 28.32% |
| 2018 | 10.4 | -65.2% |
| 2017 | 29.9 | 41.49% |
| 2016 | 21.2 | 18.33% |
| 2015 | 17.9 | 4.79% |
| 2014 | 17.1 | 330.66% |
| 2013 | 3.96 | -81.11% |
| 2012 | 21.0 | -2071.73% |
| 2011 | -1.06 | 195.39% |
| 2010 | -0.3602 | -52.59% |
| 2009 | -0.7598 | -92.34% |
| 2008 | -9.91 | -178.45% |
| 2007 | 12.6 | -34.04% |
| 2006 | 19.2 | 4.83% |
| 2005 | 18.3 | -13.12% |
| 2004 | 21.0 | 5.43% |
| 2003 | 20.0 | 24.32% |
| 2002 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northrim BanCorp NRIM | 10.9 | -10.34% | 🇺🇸 USA |
 Ameris Bancorp
ABCB | 12.0 | -1.25% | 🇺🇸 USA |
 American National Bank & Trust Company AMNB | 16.9 | 38.73% | 🇺🇸 USA |
 BancFirst BANF | 13.4 | 10.49% | 🇺🇸 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.