Magyar Bancorp, Inc.

Magyar Bancorp, Inc.verified

MGYR

Price:

$14.65

Market Cap:

$94.90M

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company also provides residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services...[Read more]

Industry

Banks - Regional

IPO Date

2006-01-24

Stock Exchange

NASDAQ

Ticker

MGYR

The PE Ratio as of December 2024 (TTM) for Magyar Bancorp, Inc. (MGYR) is 11.91

According to Magyar Bancorp, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 11.91. This represents a change of 24.73% compared to the average of 9.55 of the last 4 quarters.

Magyar Bancorp, Inc. (MGYR) Historical PE Ratio (quarterly & annually)

How has MGYR PE Ratio performed in the past?

The mean historical PE Ratio of Magyar Bancorp, Inc. over the last ten years is 25.06. The current 11.91 PE Ratio has changed 4.65% with respect to the historical average. Over the past ten years (40 quarters), MGYR's PE Ratio was at its highest in in the March 2016 quarter at 66.13. The PE Ratio was at its lowest in in the September 2024 quarter at 7.51.

Quarterly (TTM)
Annual

Average

25.06

Median

22.48

Minimum

8.54

Maximum

52.09

Magyar Bancorp, Inc. (MGYR) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Magyar Bancorp, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 17.51%

Maximum Annual PE Ratio = 52.09

Minimum Annual Increase = -49.02%

Minimum Annual PE Ratio = 8.54

Quarterly (TTM)
Annual
YearPE RatioChange
202410.0417.51%
20238.54-19.75%
202210.64-5.76%
202111.30-49.02%
202022.16-2.83%
201922.80-20.03%
201828.51-30.50%
201741.03-5.63%
201643.47-16.54%
201552.09-25.16%

Magyar Bancorp, Inc. (MGYR) Average PE Ratio

How has MGYR PE Ratio performed in the past?

The current PE Ratio of Magyar Bancorp, Inc. (MGYR) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.74

5-year avg

12.54

10-year avg

25.06

Magyar Bancorp, Inc. (MGYR) PE Ratio vs. Peers

How is MGYR’s PE Ratio compared to its peers?

Magyar Bancorp, Inc.’s PE Ratio is less than HV Bancorp, Inc. (30.97), less than HMN Financial, Inc. (23.48), greater than Oconee Federal Financial Corp. (11.26), less than Cullman Bancorp, Inc. (17.88), less than Home Federal Bancorp, Inc. of Louisiana (11.97), less than Community West Bancshares (292.98), less than First Financial Northwest, Inc. (182.42), greater than First Northwest Bancorp (-15.47), greater than First Capital, Inc. (9.09),

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