Parke Bancorp Stock Price To Earning
PKBK Stock | USD 23.61 0.06 0.25% |
Parke Bancorp fundamentals help investors to digest information that contributes to Parke Bancorp's financial success or failures. It also enables traders to predict the movement of Parke Stock. The fundamental analysis module provides a way to measure Parke Bancorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Parke Bancorp stock.
Parke | Price To Earning |
Parke Bancorp Company Price To Earning Analysis
Parke Bancorp's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Parke Bancorp Price To Earning | 8.52 X |
Most of Parke Bancorp's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Parke Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Parke Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Parke Bancorp is extremely important. It helps to project a fair market value of Parke Stock properly, considering its historical fundamentals such as Price To Earning. Since Parke Bancorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Parke Bancorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Parke Bancorp's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Parke Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Parke Bancorp has a Price To Earning of 8.52 times. This is 53.39% lower than that of the Banks sector and significantly higher than that of the Financials industry. The price to earning for all United States stocks is 70.33% higher than that of the company.
Parke Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parke Bancorp's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Parke Bancorp could also be used in its relative valuation, which is a method of valuing Parke Bancorp by comparing valuation metrics of similar companies.Parke Bancorp is currently under evaluation in price to earning category among its peers.
Parke Bancorp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Parke Bancorp from analyzing Parke Bancorp's financial statements. These drivers represent accounts that assess Parke Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Parke Bancorp's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 300.5M | 184.9M | 253.0M | 247.2M | 222.5M | 233.6M | |
Enterprise Value | 257.0M | (6.5M) | (222.7M) | 191.1M | 172.0M | 180.6M |
Parke Bancorp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Parke Bancorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Parke Bancorp's managers, analysts, and investors.Environmental | Governance | Social |
Parke Fundamentals
Return On Equity | 0.0985 | ||||
Return On Asset | 0.014 | ||||
Profit Margin | 0.45 % | ||||
Operating Margin | 0.63 % | ||||
Current Valuation | 296.01 M | ||||
Shares Outstanding | 11.88 M | ||||
Shares Owned By Insiders | 18.94 % | ||||
Shares Owned By Institutions | 49.84 % | ||||
Number Of Shares Shorted | 61.62 K | ||||
Price To Earning | 8.52 X | ||||
Price To Book | 0.95 X | ||||
Price To Sales | 4.43 X | ||||
Revenue | 72.96 M | ||||
Gross Profit | 79.91 M | ||||
EBITDA | 401 K | ||||
Net Income | 28.46 M | ||||
Cash And Equivalents | 193.34 M | ||||
Cash Per Share | 16.22 X | ||||
Total Debt | 168.11 M | ||||
Debt To Equity | 6.90 % | ||||
Book Value Per Share | 24.92 X | ||||
Cash Flow From Operations | 23.02 M | ||||
Short Ratio | 3.94 X | ||||
Earnings Per Share | 2.34 X | ||||
Target Price | 13.0 | ||||
Number Of Employees | 101 | ||||
Beta | 0.7 | ||||
Market Capitalization | 279.88 M | ||||
Total Asset | 2.02 B | ||||
Retained Earnings | 149.44 M | ||||
Annual Yield | 0.03 % | ||||
Five Year Return | 2.96 % | ||||
Net Asset | 2.02 B | ||||
Last Dividend Paid | 0.72 |
About Parke Bancorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parke Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parke Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parke Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Parke Bancorp Piotroski F Score and Parke Bancorp Altman Z Score analysis. For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 Parke Bancorp. If investors know Parke 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 Parke Bancorp 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 6.283 | Dividend Share 0.72 | Earnings Share 2.34 | Revenue Per Share 5.282 | Quarterly Revenue Growth (0.08) |
The market value of Parke Bancorp is measured differently than its book value, which is the value of Parke that is recorded on the company's balance sheet. Investors also form their own opinion of Parke Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Parke Bancorp'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 Parke Bancorp's market value can be influenced by many factors that don't directly affect Parke Bancorp'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 Parke Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parke Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parke Bancorp'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.