Start with its own history
At 10.97×, NWFL is 25.0% below its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · NWFLBanks - RegionalUpdated Oct 24, 2026
Norwood Financial Corp. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
10.97×
25.0% belowthe 9-observation annual average
Share price34.77
÷Earnings per share3.17
Price and EPS in quote currency. Calculation details
Investors are paying 10.97 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 14.63×
3-year average12.54×2 positive annual observations
5-year average10.73×4 positive annual observations
10-year average14.63×9 positive annual observations
Peer median · TTM10.49×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 9.26× | N/M |
| Dec 31, 2024 | N/M | N/M |
| Dec 31, 2023 | 15.82× | +69.9% |
| Dec 31, 2022 | 9.31× | +9.3% |
| Dec 31, 2021 | 8.52× | -31.9% |
| Dec 31, 2020 | 12.52× | -26.9% |
| Dec 31, 2019 | 17.14× | +13.7% |
| Dec 31, 2018 | 15.07× | -39.7% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 25.00× | +31.3% |
| Dec 31, 2016 | 19.04× | +6.3% |
| Dec 31, 2015 | 17.92× | +29.5% |
| Dec 31, 2014 | 13.84× | +19.6% |
| Dec 31, 2013 | 11.57× | -0.6% |
| Dec 31, 2012 | 11.63× | +1.3% |
| Dec 31, 2011 | 11.48× | +9.8% |
| Dec 31, 2010 | 10.45× | -5.9% |
| Dec 31, 2009 | 11.11× | -1.4% |
| Dec 31, 2008 | 11.26× | -15.6% |
| Dec 31, 2007 | 13.34× | -10.6% |
| Dec 31, 2006 | 14.91× | -9.4% |
| Dec 31, 2005 | 16.47× | -12.0% |
| Dec 31, 2004 | 18.72× | +27.7% |
| Dec 31, 2003 | 14.65× | +25.3% |
| Dec 31, 2002 | 11.69× | +11.7% |
| Dec 31, 2001 | 10.47× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How NWFL compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 NWFL This stockNorwood Financial Corp. | 10.97× |
 CHMGChemung Financial Corporation | 10.52× |
 FDBCFidelity D & D Bancorp, Inc. | 11.62× |
 TSBKTimberland Bancorp, Inc. | 11.66× |
 FRSTPrimis Financial Corp | 6.85× |
 ISTRInvestar Holding Corporation | 9.87× |
 FINWFinWise Bancorp | 10.45× |
 WNEBWestern New England Bancorp, Inc. | 16.52× |
 CZFSCitizens Financial Services, Inc. | 9.88× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does NWFL’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 10.49×. 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 NWFL 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("NWFL", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 34.77 ÷ EPS 3.17 = 10.97×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Oct 24, 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.
NWFL P/E ratio: common questions
The essentials behind the numbers.
Norwood Financial Corp.'s current P/E is 10.97× based on the quote data last updated Oct 24, 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.