Riverview Bancorp
RVSB
#8648
Rank
A$0.17 B
Marketcap
$8.34
Share price
5.24%
Change (1 day)
-5.71%
Change (1 year)

P/E ratio for Riverview Bancorp (RVSB)

P/E ratio as of November 2024 (TTM): 8.60

According to Riverview Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.60317. At the end of 2022 the company had a P/E ratio of 8.73.

P/E ratio history for Riverview Bancorp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.737.81%
20218.09-32.29%
202012.010.66%
201910.85.36%
201810.3-50.33%
201720.6-11.53%
201623.344.28%
201516.2214.06%
20145.15-64.49%
201314.5-674.85%
2012-2.52-31.88%
2011-3.70-74.13%
2010-14.3-10.53%
2009-16.0-50.22%
2008-32.1-358.81%
200712.4-17.41%
200615.0-25.81%
200520.321.62%
200416.7-15.33%
200319.760.21%
200212.31.13%
200112.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.35 8.66%๐Ÿ‡บ๐Ÿ‡ธ USA
9.98 16.06%๐Ÿ‡บ๐Ÿ‡ธ USA
9.77 13.58%๐Ÿ‡บ๐Ÿ‡ธ USA
29.0 236.74%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6 57.57%๐Ÿ‡บ๐Ÿ‡ธ USA
11.8 36.70%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.