AROW
Arrow Financial
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: AROW
- PE Ratio
The PE ratio for Arrow Financial stock stands at 12.64 as of Jun 22, 2026. The calculation is based on the latest EPS of $3.09 and the stock price of $39.07 per share. The PE ratio currently is comparable to its last 4-quarter average.
AROW PE ratio history
Over the last ten years, the average PE ratio of Arrow Financial has been 13.28. The current 12.64 price-to-earnings ratio is 4.8% less than the historical average. Analyzing the last ten years, AROW's PE ratio reached its highest point in the Dec 2016 quarter at 20.45, with a price of $32.93 and an EPS of $1.61. The Sep 2023 quarter saw the lowest point at 8.47, with a price of $17.02 and an EPS of $2.01.
Arrow Financial PE ratio by year
Maximum annual increase: 44.01% in 2016
Maximum annual decrease: -26.94% in 2025
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 11.85 | -26.94% | $31.4 | $2.65 |
| 2024 | 16.22 | 2.72% | $28.71 | $1.77 |
| 2023 | 15.79 | 37.19% | $27.94 | $1.77 |
| 2022 | 11.51 | 1.59% | $32.91 | $2.86 |
| 2021 | 11.33 | 0.18% | $33.21 | $2.93 |
| 2020 | 11.31 | -25.25% | $27.37 | $2.42 |
| 2019 | 15.13 | 18.85% | $33.59 | $2.22 |
| 2018 | 12.73 | -20.73% | $27.62 | $2.17 |
| 2017 | 16.06 | -21.47% | $28.43 | $1.77 |
| 2016 | 20.45 | 44.01% | $32.93 | $1.61 |
| 2015 | 14.2 | -4.57% | $21.45 | $1.51 |
| 2014 | 14.88 | -1.06% | $21.28 | $1.43 |
| 2013 | 15.04 | 11.82% | $20.15 | $1.34 |
| 2012 | 13.45 | 7.77% | $18.56 | $1.38 |
| 2011 | 12.48 | -11.55% | $17.1 | $1.37 |
Arrow Financial PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 10.86 | -8.35% | $33.57 | $3.09 |
| Dec 2025 | 11.85 | -13.76% | $31.4 | $2.65 |
| Sep 2025 | 13.74 | -4.85% | $28.3 | $2.06 |
| Jun 2025 | 14.44 | -6.6% | $26.42 | $1.83 |
| Mar 2025 | 15.46 | -4.69% | $26.29 | $1.7 |
| Dec 2024 | 16.22 | 11.48% | $28.71 | $1.77 |
| Sep 2024 | 14.55 | 5.59% | $28.66 | $1.97 |
| Jun 2024 | 13.78 | -5.29% | $26.05 | $1.89 |
| Mar 2024 | 14.55 | -7.85% | $25.02 | $1.72 |
| Dec 2023 | 15.79 | 86.42% | $27.94 | $1.77 |
| Sep 2023 | 8.47 | -1.63% | $17.02 | $2.01 |
| Jun 2023 | 8.61 | -6.72% | $19.55 | $2.27 |
| Mar 2023 | 9.23 | -19.81% | $24.18 | $2.62 |
| Dec 2022 | 11.51 | 13.51% | $32.91 | $2.86 |
| Sep 2022 | 10.14 | -4.97% | $27.98 | $2.76 |
AROW Price vs fair value
AROW average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of AROW is above its 5-year average, but it is under its 3 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 12.64, AROW stands higher than its peers average but lower than the Financial Services sector and the industry average. But when looking at the Financial Services sector average of 12.78, Arrow Financial's price to earnings (P/E) is only 1.1% lower.
AROW PE vs peers
AROW's PE ratio is less than its peer stocks CBU and NBTB, but it is above FNB's and TMP's. Arrow Financial's current PE ratio of 12.64 is more than the average of its peers, which is 11.52.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TMP Tompkins Financial Corp | 7.82 | $1.32B |
| FISI Financial Institutions Inc | 9.92 | $755.96M |
| FNB Fnb Corp | 11.57 | $6.67B |
| AROW Arrow Financial Corp | 12.93 | $660.33M |
| NBTB Nbt Bancorp Inc | 13.59 | $2.5B |
| CBU Community Bank System Inc | 15.67 | $3.39B |
Frequently asked questions
What is Arrow Financial's PE ratio?
AROW stock has a price to earnings ratio of 12.64 as of Jun 22, 2026.
What is the 3-year average PE ratio for Arrow Financial (AROW)?
The 3-year average PE ratio for AROW stock is 13.19.
What is the 5-year average PE ratio for Arrow Financial (AROW)?
The 5-year average PE ratio for AROW stock is 12.17.
What is the highest PE ratio for AROW?
Over the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 20.45.
How does the current PE ratio for AROW compare to its historical average?
AROW's current price to earnings ratio is 4.8% below its 10-year historical average.
How is AROW's PE ratio calculated (Arrow Financial PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jun 22, 2026), Arrow Financial's share price is $39.07. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $3.09. Therefore, Arrow Financial's price to earnings ratio for today is 12.64. PE RATIO(12.64) = STOCK PRICE($39.07) / TTM EPS($3.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.