ACNB Corporation
ACNB
#6951
Rank
โ‚น31.16 B
Marketcap
โ‚น3,647
Share price
-1.23%
Change (1 day)
36.10%
Change (1 year)

P/E ratio for ACNB Corporation (ACNB)

P/E ratio as of September 2024 (TTM): 9.86

According to ACNB Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.86487. At the end of 2022 the company had a P/E ratio of 9.59.

P/E ratio history for ACNB Corporation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.59-1.86%
20219.78-16.72%
202011.74.27%
201911.3-11.39%
201812.7-35.09%
201719.612.72%
201617.449.16%
201511.6-7.96%
201412.69.23%
201311.66.61%
201210.912.28%
20119.67-12.47%
201011.04.09%
200910.6-3.27%
200811.0-2.64%
200711.3-24.99%
200615.0-2.59%
200515.41.85%
200415.112.32%
200313.54.07%
200213.011.71%
200111.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.8 9.15%๐Ÿ‡บ๐Ÿ‡ธ USA
9.12-7.52%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4 15.77%๐Ÿ‡บ๐Ÿ‡ธ USA
9.96 0.92%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1 12.07%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8 9.12%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.