P/E ratio for Codorus Valley Bancorp (CVLY)

P/E ratio history for Codorus Valley Bancorp from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Citizens & Northern Corp CZNC	11.1	32.26%	🇺🇸 USA
Orrstown Financial Services ORRF	10.6	27.13%	🇺🇸 USA
F.N.B. Corporation FNB	9.83	17.31%	🇺🇸 USA
Fulton Financial FULT	12.0	43.67%	🇺🇸 USA
CNB Financial Corp CCNE	10.2	21.43%	🇺🇸 USA
S&T Bancorp STBA	11.0	31.42%	🇺🇸 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.