How does NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B’s P/E ratio compare with its history?
On this page, NEWTP's current P/E is 5.1, compared with a multi-year average around 8.7. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.