P/E ratio for Provident Financial Holdings (PROV)

P/E ratio history for Provident Financial Holdings 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
Banc of California BANC	9.35	-31.04%	🇺🇸 USA
Timberland Bancorp TSBK	9.98	-26.34%	🇺🇸 USA
WaFd Bank WAFD	9.77	-27.92%	🇺🇸 USA
Simply Good Foods SMPL	29.0	113.72%	🇺🇸 USA
Territorial Bancorp TBNK	11.8	-13.24%	🇺🇸 USA
Riverview Bancorp RVSB	8.60	-36.53%	🇺🇸 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.