SmartFinancial (SmartBank)
SMBK
#6336
Rank
NZ$1.03 B
Marketcap
$61.24
Share price
-0.80%
Change (1 day)
67.68%
Change (1 year)

P/E ratio for SmartFinancial (SmartBank) (SMBK)

P/E ratio as of November 2024 (TTM): 16.8

According to SmartFinancial (SmartBank)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8349. At the end of 2022 the company had a P/E ratio of 10.7.

P/E ratio history for SmartFinancial (SmartBank) from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.7-11.61%
202112.18.11%
202011.2-10.04%
201912.4-1.89%
201812.7-65.29%
201736.653.63%
201623.8-74.86%
201594.613.98%
201483.06.81%
201377.7-43.66%
2012138359.96%
201130.0-1268.42%
2010-2.5754.05%
2009-1.67-112.63%
200813.2-83.19%
200778.5165.42%
200629.6-14.66%
200534.7-13.26%
200440.0-31.11%
200358.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.2 2.31%๐Ÿ‡บ๐Ÿ‡ธ USA
14.5-14.04%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.