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Current and historical daily P/E ratio for MGYR (Magyar Bancorp Inc) from 2006 to Apr 17 2021. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive. Magyar Bancorp stock (MGYR) PE ratio as of Apr 17 2021 is 26.47. More Details
Magyar Bancorp PE Ratio (TTM) Historical Data
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Magyar Bancorp PE Ratio (TTM) Comparison
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Traded in other countries
400 Somerset Street, New Brunswick, NJ, USA, 08901
Magyar Bancorp Inc is a mid-tier stock holding company. The business consists of attracting retail deposits from the general public in the areas surrounding the main office in New Brunswick, New Jersey and branch offices located in Middlesex and Somerset Counties, New Jersey, and investing those deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, Small Business Administration loans, construction loans, and investment securities. The company also originates consumer loans, which consist primarily of secured demand loans.