West Bancorporation
WTBA
#7063
Rank
$0.38 B
Marketcap
$22.61
Share price
0.89%
Change (1 day)
39.57%
Change (1 year)

P/E ratio for West Bancorporation (WTBA)

P/E ratio as of October 2024 (TTM): 13.1

According to West Bancorporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.1053. At the end of 2022 the company had a P/E ratio of 9.12.

P/E ratio history for West Bancorporation from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.12-11.89%
202110.46.25%
20209.75-33.44%
201914.635.29%
201810.8-38.45%
201717.61.11%
201617.419.78%
201514.57.51%
201413.5-12.91%
201315.532.37%
201211.7-9.49%
201112.96.36%
201012.2-339.49%
2009-5.08-118.26%
200827.8128.45%
200712.2-25.68%
200616.4-2.29%
200516.81.09%
200416.6-2.1%
200317.08.51%
200215.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.7 4.89%๐Ÿ‡บ๐Ÿ‡ธ USA
15.9 21.44%๐Ÿ‡บ๐Ÿ‡ธ USA
12.4-5.57%๐Ÿ‡บ๐Ÿ‡ธ USA
14.0 7.02%๐Ÿ‡บ๐Ÿ‡ธ USA
9.81-25.11%๐Ÿ‡บ๐Ÿ‡ธ USA
9.11-30.49%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.