Washington Trust Bancorp
WASH
#6098
Rank
$0.43 B
Marketcap
$25.55
Share price
3.69%
Change (1 day)
-22.29%
Change (1 year)

P/E ratio for Washington Trust Bancorp (WASH)

P/E ratio as of April 2024 (TTM): 8.16

According to Washington Trust Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.15894. At the end of 2022 the company had a P/E ratio of 11.4.

P/E ratio history for Washington Trust Bancorp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.4-10.44%
202112.714.46%
202011.1-17.95%
201913.512.6%
201812.0-39.89%
201720.0-2.85%
201620.633.48%
201515.4-5.87%
201416.4-3.94%
201317.138.22%
201212.4-6.3%
201113.2-10.23%
201014.7-3.86%
200915.322.97%
200812.4-12.37%
200714.2-5.47%
200615.0-0.91%
200515.1-18.94%
200418.72.61%
200318.222.97%
200214.8-15.12%
200117.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.43 15.60%๐Ÿ‡บ๐Ÿ‡ธ USA
8.82 8.14%๐Ÿ‡บ๐Ÿ‡ธ USA
8.45 3.60%๐Ÿ‡บ๐Ÿ‡ธ USA
6.75-17.23%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
9.15 12.17%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
8.66 6.09%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.