NECB NorthEast Community Bancorp PE ratio, current and historical analysis
As of Sep 17, 2024, the NorthEast Community Bancorp stock's PE ratio is 6.31. This results from the current EPS of $3.55 and stock price of $22.39. The P/E ratio has an increase of 25% from the past four quarters average of 5.1.
NECB PE ratio history
The PE ratio of NorthEast Community Bancorp has averaged 21.96 over the last ten years. The current PE ratio of 6.31 is 71% below the historical average. Over the past ten years, NECB's PE ratio was at its highest in the Sep 2014 quarter at 69.3, when the stock price was $6.93 and the EPS was $0.1. The lowest value was in the Mar 2024 quarter, when it reached 4.74 with a price of $15.73 and an EPS of $3.32.
NorthEast Community Bancorp PE ratio by year
Maximum annual increase: 62.72% in 2020
Maximum annual decrease: -78.36% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 5.34 | -42.39% |
| 2022 | 9.27 | -37.53% |
| 2021 | 14.84 | -18.28% |
| 2020 | 18.16 | 62.72% |
| 2019 | 11.16 | -78.36% |
| 2014 | 51.57 | -35.71% |
| 2013 | 80.22 | N/A |
| 2012 | N/A | N/A |
| 2011 | 29.53 | -20.89% |
| 2010 | 37.33 | N/A |
NECB average PE ratio chart
The current PE ratio of NECB is below the 3, 5 and 10-year averages.
NECB PE vs peers
Compared to its peer stocks TRST and GCBC, NECB's PE ratio stands lower. NorthEast Community Bancorp's PE ratio is trading below the peer group average of 17.46.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NECB NorthEast Community Bancorp Inc | 6.39 | $318.13M |
| TRST Trustco Bank Corp N Y | 13.12 | $643.5M |
| FFIC Flushing Financial Corp | 17.76 | $428.48M |
| NFBK Northfield Bancorp Inc | 17.76 | $513.92M |
| GCBC Greene County Bancorp Inc | 21.32 | $526.47M |
Frequently asked questions
What is NorthEast Community Bancorp's PE ratio?
The price to earnings ratio for NECB stock as of Sep 17, 2024, stands at 6.31.
What is the 3-year average PE ratio for NorthEast Community Bancorp (NECB)?
Over the last 3 years, the average price to earnings ratio for NECB stock is 9.18.
What is the 5-year average PE ratio for NorthEast Community Bancorp (NECB)?
Over the last 5 years, the average price to earnings ratio for NECB stock is 11.16.
What is the highest PE ratio for NECB?
Over the last ten years, the quarterly PE ratio reached a historic high of 69.3 in the Sep 2014 quarter.
How does the current PE ratio for NECB compare to its historical average?
NECB's price to earnings ratio is currently 71% below its 10-year historical average.
Why is NorthEast Community Bancorp's PE ratio so low?
NECB's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is NECB's PE ratio calculated (NorthEast Community Bancorp PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Sep 17, 2024), NorthEast Community Bancorp's stock price is $22.39. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.55. Therefore, NorthEast Community Bancorp's P/E ratio for today is 6.31. PE RATIO(6.31) = STOCK PRICE($22.39) / TTM EPS($3.55)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.