Start with its own history
At 11.56×, MGYR is 31.2% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · MGYRBanks - RegionalUpdated Nov 5, 2026
Magyar Bancorp, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
11.56×
31.2% belowthe 10-year annual average
Share price23
÷Earnings per share1.99
Price and EPS in quote currency. Calculation details
Investors are paying 11.56 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 16.81×
3-year average10.15×3 positive annual observations
5-year average9.92×5 positive annual observations
10-year average16.81×10 positive annual observations
Peer median · TTM13.50×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 21 observations
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2026 | 9.43× | -14.3% |
| Sep 30, 2025 | 11.00× | +9.8% |
| Sep 30, 2024 | 10.02× | +17.3% |
| Sep 30, 2023 | 8.54× | -19.6% |
| Sep 30, 2022 | 10.62× | -6.3% |
| Sep 30, 2021 | 11.34× | -36.9% |
| Sep 30, 2020 | 17.97× | -4.6% |
| Sep 30, 2019 | 18.84× | -33.9% |
View all 21 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2018 | 28.51× | -31.8% |
| Sep 30, 2017 | 41.79× | -3.9% |
| Sep 30, 2016 | 43.47× | -18.8% |
| Sep 30, 2015 | 53.53× | -23.1% |
| Sep 30, 2014 | 69.60× | -42.8% |
| Sep 30, 2013 | 121.60× | +193.4% |
| Sep 30, 2012 | 41.44× | N/M |
| Sep 30, 2011 | N/M | N/M |
| Sep 30, 2010 | 4.28× | N/M |
| Sep 30, 2009 | N/M | N/M |
| Sep 30, 2008 | N/M | N/M |
| Sep 30, 2007 | 71.42× | -99.5% |
| Sep 30, 2006 | 13487.50× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How MGYR compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 MGYR This stockMagyar Bancorp, Inc. | 11.56× |
 LSBKLake Shore Bancorp, Inc. | 16.95× |
 SFBCSound Financial Bancorp, Inc. | 13.50× |
 UNBUnion Bankshares, Inc. | 8.80× |
 RBKBRhinebeck Bancorp, Inc. | 14.81× |
 SBFGSB Financial Group, Inc. | 11.30× |
 RVSBRiverview Bancorp, Inc. | N/M |
 AFBIAffinity Bancshares, Inc. | 16.31× |
 FGBIFirst Guaranty Bancshares, Inc. | 10.08× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does MGYR’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 13.50×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take MGYR into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("MGYR", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 23 ÷ EPS 1.99 = 11.56×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
MGYR P/E ratio: common questions
The essentials behind the numbers.
Magyar Bancorp, Inc.'s current P/E is 11.56× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.