Mid Price Earnings Ratio from 2010 to 2024

MPB Stock  USD 31.65  0.20  0.64%   
Mid Penn's Price Earnings Ratio is increasing over the years with stable fluctuation. Overall, Price Earnings Ratio is expected to go to 14.18 this year. From 2010 to 2024 Mid Penn Price Earnings Ratio quarterly data regression line had arithmetic mean of  11.45 and r-squared of  0.03. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
10.59511366
Current Value
14.18
Quarterly Volatility
3.65903214
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mid Penn financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mid Penn's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 93.8 M or Selling General Administrative of 2.8 M, as well as many indicators such as Price To Sales Ratio of 2.3, Dividend Yield of 0.04 or PTB Ratio of 0.69. Mid financial statements analysis is a perfect complement when working with Mid Penn Valuation or Volatility modules.
  
Check out the analysis of Mid Penn Correlation against competitors.

Latest Mid Penn's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Mid Penn Bancorp over the last few years. It is Mid Penn's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mid Penn's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Pretty Stable
   Price Earnings Ratio   
       Timeline  

Mid Price Earnings Ratio Regression Statistics

Arithmetic Mean11.45
Geometric Mean10.91
Coefficient Of Variation31.95
Mean Deviation2.91
Median10.60
Standard Deviation3.66
Sample Variance13.39
Range14.0035
R-Value0.18
Mean Square Error13.96
R-Squared0.03
Significance0.53
Slope0.15
Total Sum of Squares187.44

Mid Price Earnings Ratio History

2024 14.18
2023 10.6
2022 8.7
2021 11.7
2020 7.05
2019 13.78
2018 15.36

About Mid Penn Financial Statements

Mid Penn stakeholders use historical fundamental indicators, such as Mid Penn's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Mid Penn investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mid Penn's assets and liabilities are reflected in the revenues and expenses on Mid Penn's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mid Penn Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 10.60  14.18 

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When determining whether Mid Penn Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid Penn's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mid Penn Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid Penn Bancorp Stock:
Check out the analysis of Mid Penn Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mid Penn. If investors know Mid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mid Penn listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.328
Dividend Share
0.8
Earnings Share
2.91
Revenue Per Share
10.457
Quarterly Revenue Growth
0.1
The market value of Mid Penn Bancorp is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid Penn's value that differs from its market value or its book value, called intrinsic value, which is Mid Penn's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mid Penn's market value can be influenced by many factors that don't directly affect Mid Penn's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mid Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid Penn's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.