P/E ratio for Provident Financial Holdings (PROV)
P/E ratio as of June 2024 (TTM): 10.6
According to Provident Financial Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6496. At the end of 2022 the company had a P/E ratio of 11.6.
P/E ratio history for Provident Financial Holdings from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.6 | -9% |
| 2021 | 12.7 | -41.72% |
| 2020 | 21.8 | -26.27% |
| 2019 | 29.6 | 77.57% |
| 2018 | 16.7 | -88.22% |
| 2017 | 142 | 536.99% |
| 2016 | 22.2 | 16.45% |
| 2015 | 19.1 | 10.98% |
| 2014 | 17.2 | 46.72% |
| 2013 | 11.7 | 32.59% |
| 2012 | 8.84 | -29.82% |
| 2011 | 12.6 | 107.01% |
| 2010 | 6.08 | -243.28% |
| 2009 | -4.25 | 5.21% |
| 2008 | -4.04 | -121.09% |
| 2007 | 19.1 | 31.5% |
| 2006 | 14.6 | 91.48% |
| 2005 | 7.60 | -29.82% |
| 2004 | 10.8 | 4.37% |
| 2003 | 10.4 | -5.29% |
| 2002 | 11.0 | 19.05% |
| 2001 | 9.20 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 WaFd Bank WAFD | 7.08 | -33.51% | 🇺🇸 USA |
 Timberland Bancorp TSBK | 7.51 | -29.50% | 🇺🇸 USA |
 Simply Good Foods SMPL | 27.0 | 153.32% | 🇺🇸 USA |
 Territorial Bancorp
TBNK | 8.32 | -21.92% | 🇺🇸 USA |
 Riverview Bancorp RVSB | 6.05 | -43.21% | 🇺🇸 USA |
 Banc of California BANC | 7.34 | -31.10% | 🇺🇸 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.