Dime Community Bancshares
DCOM
#5058
Rank
โ‚ฌ1.22 B
Marketcap
31,18ย โ‚ฌ
Share price
1.18%
Change (1 day)
72.12%
Change (1 year)

P/E ratio for Dime Community Bancshares (DCOM)

P/E ratio as of November 2024 (TTM): 11.5

According to Dime Community Bancshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4914. At the end of 2022 the company had a P/E ratio of 8.53.

P/E ratio history for Dime Community Bancshares from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.53-45.39%
202115.6-22.45%
202020.2-39.3%
201933.279.73%
201818.5-26.64%
201725.231.55%
201619.1-22%
201524.512.84%
201421.72.88%
201321.121.59%
201217.423.18%
201114.1-29%
201019.9-34.67%
200930.439.82%
200821.8-39.09%
200735.732.52%
200627.013.54%
200523.81.67%
200423.443.49%
200316.3
200113.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.6 35.89%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2 75.61%๐Ÿ‡บ๐Ÿ‡ธ USA
13.8 20.23%๐Ÿ‡บ๐Ÿ‡ธ USA
9.83-14.50%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.46-112.67%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.