P/E ratio for Signature Bank (SBNY)

P/E ratio history for Signature Bank from 2004 to 2022

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
M&T Bank MTB	11.4	1,123,554.38%	🇺🇸 USA
Univest Financial Corporation UVSP	12.1	1,190,232.21%	🇺🇸 USA
NBT Bancorp NBTB	12.7	1,247,523.93%	🇺🇸 USA
Arrow Financial AROW	14.6	1,440,692.65%	🇺🇸 USA
Tompkins Financial TMP	7.93	781,354.31%	🇺🇸 USA
Evans Bancorp EVBN	11.9	1,169,096.22%	🇺🇸 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.