P/E ratio for M&T Bank (MTB)

P/E ratio history for M&T Bank from 2001 to 2023

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
Wells Fargo WFC	15.3	39.88%	🇺🇸 USA
BankUnited BKU	13.1	19.43%	🇺🇸 USA
Commerce Bancshares CBSH	15.9	44.78%	🇺🇸 USA
Wintrust Financial WTFC	12.5	13.88%	🇺🇸 USA
Bank of America BAC	12.4	12.80%	🇺🇸 USA
PNC Financial Services PNC	13.5	22.90%	🇺🇸 USA
Eagle Bancorp EGBN	6.75	-38.39%	🇺🇸 USA
Shore Bancshares SHBI	21.3	94.42%	🇺🇸 USA
Evans Bancorp EVBN	11.8	7.97%	🇺🇸 USA
NBT Bancorp NBTB	17.2	56.94%	🇺🇸 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.