P/E ratio for Virginia National Bankshares (VABK)
P/E ratio as of May 2024 (TTM): 6.82
According to Virginia National Bankshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.82407. At the end of 2022 the company had a P/E ratio of 8.33.
P/E ratio history for Virginia National Bankshares from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.33 | -52.64% |
| 2021 | 17.6 | 90.51% |
| 2020 | 9.23 | -38.84% |
| 2019 | 15.1 | 38.77% |
| 2018 | 10.9 | -27.19% |
| 2017 | 14.9 | 21.36% |
| 2016 | 12.3 | -37.58% |
| 2015 | 19.7 | -42.06% |
| 2014 | 34.0 | 360.95% |
| 2013 | 7.39 | |
| 2006 | 32.4 | 34.76% |
| 2005 | 24.0 | -22.53% |
| 2004 | 31.0 | 9.09% |
| 2003 | 28.4 | -44.48% |
| 2002 | 51.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Umpqua Holdings UMPQ | 11.4 | 66.96% | 🇺🇸 USA |
 The First Bancshares FBMS | 8.93 | 30.92% | 🇺🇸 USA |
 Banner Bank
BANR | 7.96 | 16.59% | 🇺🇸 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.