Valley Bank
VLY
#2106
Rank
$6.37 B
Marketcap
$12.59
Share price
4.39%
Change (1 day)
-8.97%
Change (1 year)

P/E ratio for Valley Bank (VLY)

P/E ratio as of February 2023 (TTM): 11.8

According to Valley Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7664. At the end of 2021 the company had a P/E ratio of 12.2.

P/E ratio history for Valley Bank from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202112.217.31%
202010.4-19.38%
201912.98.66%
201811.8-38.8%
201719.36.36%
201618.2-20.6%
201522.934.47%
201417.012.78%
201315.118.79%
201212.7-18.85%
201115.7-11.04%
201017.6-17.73%
200921.4-23.88%
200828.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.5 14.51%๐Ÿ‡บ๐Ÿ‡ธ USA
7.43-36.83%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-14.35%๐Ÿ‡บ๐Ÿ‡ธ USA
6.00-49.03%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7 7.81%๐Ÿ‡บ๐Ÿ‡ธ 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.