The PE ratio for Arrow Financial stock stands at 15.12 as of Sep 6, 2024. The calculation is based on the latest EPS of $1.89 and the stock price of $28.58 per share. An increase of 15% has been observed in the PE ratio compared to its average of 13.1 of the past four quarters.
Over the last ten years, the average PE ratio of Arrow Financial has been 13.31. The current 15.12 price-to-earnings ratio is 14% more 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.
Maximum annual increase: 44.01% in 2016
Maximum annual decrease: -24.9% in 2020
Year | PE ratio | Change |
---|---|---|
2023 | 15.79 | 37.19% |
2022 | 11.51 | 1.59% |
2021 | 11.33 | 0.18% |
2020 | 11.31 | -24.9% |
2019 | 15.06 | 18.3% |
2018 | 12.73 | -20.73% |
2017 | 16.06 | -21.47% |
2016 | 20.45 | 44.01% |
2015 | 14.2 | -4.57% |
2014 | 14.88 | -1.06% |
The current PE ratio of AROW is above its 3, 5 and 10-year averages.
AROW's PE ratio is less than its peer stocks CBU and NBTB, but it is above FNB's and FISI's. Arrow Financial's current PE ratio of 15.12 is more than the average of its peers, which is 13.17.
Stock name | PE ratio | Market cap |
---|---|---|
FISI Financial Institutions Inc | 7.55 | $379.85M |
EVBN Evans Bancorp Inc | 10.26 | $196.78M |
FNB Fnb Corp | 11.77 | $5.04B |
FLIC First Of Long Island Corp | 13.13 | $287.05M |
AROW Arrow Financial Corp | 15.12 | $478.22M |
NBTB Nbt Bancorp Inc | 17.8 | $2.18B |
CBU Community Bank System Inc | 18.52 | $3.05B |
TMP Tompkins Financial Corp | 57.63 | $821.31M |
AROW stock has a price to earnings ratio of 15.12 as of Sep 6, 2024.
The 3-year average PE ratio for AROW stock is 11.27.
The 5-year average PE ratio for AROW stock is 11.56.
Over the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 20.45.
AROW's current price to earnings ratio is 14% above its 10-year historical average.
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 (Sep 6, 2024), Arrow Financial's share price is $28.58. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.89. Therefore, Arrow Financial's price to earnings ratio for today is 15.12. PE RATIO(15.12) = STOCK PRICE($28.58) / TTM EPS($1.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.