P/E ratio for Waterstone Financial (WSBF)
P/E ratio as of May 2024 (TTM): 24.1
According to Waterstone Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.14. At the end of 2022 the company had a P/E ratio of 19.6.
P/E ratio history for Waterstone Financial from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.6 | 167.07% |
| 2021 | 7.34 | 30.57% |
| 2020 | 5.62 | -59.26% |
| 2019 | 13.8 | -7.85% |
| 2018 | 15.0 | -17.5% |
| 2017 | 18.1 | -7.34% |
| 2016 | 19.6 | -20.87% |
| 2015 | 24.7 | -30.4% |
| 2014 | 35.5 | 52.34% |
| 2013 | 23.3 | 234.73% |
| 2012 | 6.97 | -189.01% |
| 2011 | -7.83 | -85.55% |
| 2010 | -54.2 | 798.37% |
| 2009 | -6.03 | 54.79% |
| 2008 | -3.90 | -101.22% |
| 2007 | 321 | 349.64% |
| 2006 | 71.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Farmers & Merchants Bancorp FMAO | 12.2 | -49.55% | 🇺🇸 USA |
 ESSA Bancorp ESSA | 8.78 | -63.61% | 🇺🇸 USA |
 HomeStreet Bank HMST | -13.0 | -154.00% | 🇺🇸 USA |
 Flagstar Bank
FBC | 7.36 | -69.51% | 🇺🇸 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.