Orange County Bancorp
OBT
#7171
Rank
โ‚น29.72 B
Marketcap
โ‚น5,239
Share price
4.00%
Change (1 day)
47.82%
Change (1 year)

P/E ratio for Orange County Bancorp (OBT)

P/E ratio as of November 2024 (TTM): 11.5

According to Orange County Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4981. At the end of 2022 the company had a P/E ratio of 10.7.

P/E ratio history for Orange County Bancorp from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.715.07%
20219.33-11.01%
202010.5-8.38%
201911.4-28.6%
201816.0

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.