Virginia National Bankshares
VABK
#7808
Rank
HK$1.78 B
Marketcap
HK$331.45
Share price
0.90%
Change (1 day)
20.57%
Change (1 year)

P/E ratio for Virginia National Bankshares (VABK)

P/E ratio as of November 2024 (TTM): 9.87

According to Virginia National Bankshares's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.8669. At the end of 2022 the company had a P/E ratio of 8.33.

P/E ratio history for Virginia National Bankshares from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.33-52.64%
202117.690.51%
20209.23-38.84%
201915.138.77%
201810.9-27.19%
201714.921.36%
201612.3-37.58%
201519.7-42.06%
201434.0360.95%
20137.39
200632.434.76%
200524.0-22.53%
200431.09.09%
200328.4-44.48%
200251.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.7 38.71%๐Ÿ‡บ๐Ÿ‡ธ USA
13.2 33.73%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4 15.47%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.