Middlefield Banc
MBCN
#7827
Rank
C$0.34 B
Marketcap
$42.77
Share price
-4.58%
Change (1 day)
-7.44%
Change (1 year)

P/E ratio for Middlefield Banc (MBCN)

P/E ratio as of December 2024 (TTM): 13.9

According to Middlefield Banc 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9283. At the end of 2022 the company had a P/E ratio of 10.5.

P/E ratio history for Middlefield Banc from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.527.42%
20218.24-52.02%
202017.229.01%
201913.320.78%
201811.0-28.66%
201715.422.55%
201612.632.67%
20159.50-0.49%
20149.5528.17%
20137.45-3.23%
20127.709.34%
20117.04-19.31%
20108.73-35.87%
200913.630.48%
200810.4-21.47%
200713.312.23%
200611.83.11%
200511.5-8.2%
200412.525.32%
20039.97

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.6-9.42%๐Ÿ‡บ๐Ÿ‡ธ USA
9.83-29.42%๐Ÿ‡บ๐Ÿ‡ธ USA
10.2-26.97%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-20.52%๐Ÿ‡บ๐Ÿ‡ธ USA
16.8 20.91%๐Ÿ‡บ๐Ÿ‡ธ USA
16.3 17.00%๐Ÿ‡บ๐Ÿ‡ธ USA
12.9-7.65%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.