P/E ratio for Summit Financial Group (SMMF)

P/E ratio history for Summit Financial Group 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
TowneBank TOWN	15.3	131.55%	🇺🇸 USA
City Holding Company CHCO	14.1	112.83%	🇺🇸 USA
American National Bank & Trust Company AMNB	16.9	155.44%	🇺🇸 USA
Regions Financial RF	11.6	76.29%	🇺🇸 USA
Premier Financial Bancorp PFBI	N/A	N/A	🇺🇸 USA
Huntington Bancshares HBAN	11.8	78.53%	🇺🇸 USA
Peoples Bancorp PEBO	10.5	59.32%	🇺🇸 USA
Trustmark TRMK	10.8	63.48%	🇺🇸 USA
F.N.B. Corporation FNB	12.2	85.11%	🇺🇸 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.