Sandy Spring Bank
SASR
#4637
Rank
โ‚ฌ1.62 B
Marketcap
36,10ย โ‚ฌ
Share price
1.83%
Change (1 day)
78.84%
Change (1 year)

P/E ratio for Sandy Spring Bank (SASR)

P/E ratio as of November 2024 (TTM): 13.0

According to Sandy Spring Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.0069. At the end of 2022 the company had a P/E ratio of 9.55.

P/E ratio history for Sandy Spring Bank from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.55-0.91%
20219.64-36.84%
202015.331.29%
201911.64.93%
201811.1-37.56%
201717.7-10.85%
201619.936.52%
201514.6-14.51%
201417.07.03%
201315.922.2%
201213.05.46%
201112.4-51.05%
201025.2-355.59%
2009-9.88-142.53%
200823.267.79%
200713.8-19.52%
200617.211.43%
200515.4-60.54%
200439.1131.43%
200316.913.21%
200214.9-31.37%
200121.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.1 69.65%๐Ÿ‡บ๐Ÿ‡ธ USA
7.45-42.76%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
12.4-4.52%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9-16.55%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.