Cambridge Bancorp
CATC
#6456
Rank
HK$4.49 B
Marketcap
HK$572.58
Share price
0.00%
Change (1 day)
32.36%
Change (1 year)

P/E ratio for Cambridge Bancorp (CATC)

P/E ratio as of November 2024 (TTM): 15.4

According to Cambridge Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3954. At the end of 2022 the company had a P/E ratio of 11.2.

P/E ratio history for Cambridge Bancorp from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.2-6.93%
202112.1-15.79%
202014.3-2.97%
201914.83.19%
201814.3-34.57%
201721.947.41%
201614.823.28%
201512.0-1.43%
201412.211.34%
201311.04.52%
201210.5
200810.1-18.16%
200712.3-2.78%
200612.7-8.89%
200513.9-8.63%
200415.2-24.03%
200320.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.85-42.52%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-27.62%๐Ÿ‡บ๐Ÿ‡ธ USA
19.3 25.26%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7 40.73%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4-26.02%๐Ÿ‡บ๐Ÿ‡ธ USA
9.97-35.26%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-30.59%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.