UNTY Unity Bancorp PE ratio, current and historical analysis
As at Oct 22, 2024, the UNTY stock has a PE ratio of 10.21. This is based on the current EPS of $3.84 and the stock price of $39.21 per share. An increase of 43% has been seen in the P/E ratio compared to the average of 7.1 of the last 4 quarters.
UNTY PE ratio history
The mean historical PE ratio of Unity Bancorp over the last ten years is 9.48. The current 10.21 PE ratio is 8% above the historical average. Over the past ten years, UNTY's PE ratio was at its highest in the Dec 2017 quarter at 16.19, with a price of $19.75 and an EPS of $1.22. The Mar 2020 quarter recorded the bottom point at 5.47, with a price of $11.7 and an EPS of $2.14.
Unity Bancorp PE ratio by year
Maximum annual increase: 44.42% in 2017
Maximum annual decrease: -37.12% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.61 | 1.87% |
| 2022 | 7.47 | -1.19% |
| 2021 | 7.56 | -4.79% |
| 2020 | 7.94 | -23.29% |
| 2019 | 10.35 | 1.67% |
| 2018 | 10.18 | -37.12% |
| 2017 | 16.19 | 44.42% |
| 2016 | 11.21 | 1.82% |
| 2015 | 11.01 | -3.67% |
| 2014 | 11.43 | -17.95% |
UNTY average PE ratio chart
UNTY's current P/E ratio is above the 3, 5 and 10-year historical averages.
UNTY PE vs peers
UNTY's PE ratio is lower than its peer stocks PGC and PKBK.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UNTY Unity Bancorp Inc | 10.21 | $391.2M |
| PKBK Parke Bancorp Inc | 11.53 | $251.29M |
| PGC Peapack Gladstone Financial Corp | 16.51 | $551.55M |
| TBNK Territorial Bancorp Inc | N/A | $94.06M |
Frequently asked questions
What is Unity Bancorp's PE ratio?
As of Oct 22, 2024, UNTY stock has a price to earnings ratio of 10.21.
What is the 3-year average PE ratio for Unity Bancorp (UNTY)?
The 3-year average PE ratio for UNTY stock is 7.08.
What is the 5-year average PE ratio for Unity Bancorp (UNTY)?
The 5-year average PE ratio for UNTY stock is 7.25.
What is the highest PE ratio for UNTY?
Over the last ten years, the quarterly PE ratio reached a historic high of 16.19 in the Dec 2017 quarter.
How does the current PE ratio for UNTY compare to its historical average?
UNTY's current price to earnings ratio is 8% above its 10-year historical average.
How is UNTY's PE ratio calculated (Unity Bancorp PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Oct 22, 2024), Unity Bancorp's stock price is $39.21. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.84. Therefore, Unity Bancorp's P/E ratio for today is 10.21. PE RATIO(10.21) = STOCK PRICE($39.21) / TTM EPS($3.84)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.