P/E ratio for West Bancorporation (WTBA)
P/E ratio as of April 2024 (TTM): 9.74
According to West Bancorporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.73684. 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 |
|---|---|---|
| 2022 | 9.12 | -11.89% |
| 2021 | 10.4 | 6.25% |
| 2020 | 9.75 | -33.44% |
| 2019 | 14.6 | 35.29% |
| 2018 | 10.8 | -38.45% |
| 2017 | 17.6 | 1.11% |
| 2016 | 17.4 | 19.78% |
| 2015 | 14.5 | 7.51% |
| 2014 | 13.5 | -12.91% |
| 2013 | 15.5 | 32.37% |
| 2012 | 11.7 | -9.49% |
| 2011 | 12.9 | 6.36% |
| 2010 | 12.2 | -339.49% |
| 2009 | -5.08 | -118.26% |
| 2008 | 27.8 | 128.45% |
| 2007 | 12.2 | -25.68% |
| 2006 | 16.4 | -2.29% |
| 2005 | 16.8 | 1.09% |
| 2004 | 16.6 | -2.1% |
| 2003 | 17.0 | 8.51% |
| 2002 | 15.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 UMB Financial UMBF | 10.6 | 9.22% | 🇺🇸 USA |
 QCR Holdings
QCRH | 8.47 | -13.03% | 🇺🇸 USA |
 MidWestOne Financial Group
MOFG | 9.36 | -3.83% | 🇺🇸 USA |
 Enterprise Financial Services Corp EFSC | 7.03 | -27.85% | 🇺🇸 USA |
 Commerce Bancshares
CBSH | 13.9 | 42.88% | 🇺🇸 USA |
 Great Southern Bancorp GSBC | 8.24 | -15.33% | 🇺🇸 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.